Originally Posted by
Mwenenzi
And many people remember that Air NZ 100% owned
Ansett and drive it into bankruptcy through incompetency.
Well that opens a whole can of worms.. and many would argue is about as far from the truth as you can get.
There are a myriad of reasons contributed to Ansett failing and it's very likely to have failed no matter who had owned it at the time.
It was mutton dressed up as lamb but NZ through poor management failed to see what so many others could see and thought they had to have Ansett at all costs. History really repeated itself with VA where they kept pumping money into something because they felt like they had no other choice.