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1,000 Ansett workers may be made redundant under Tesna consortium

1,000 Ansett workers may be made redundant under Tesna consortium

 
Old Feb 5, 02, 11:09 pm
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Join Date: Dec 2000
Location: Melbourne, Vic., Australia.
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1,000 Ansett workers may be made redundant under Tesna consortium

Is this 1,000 on top of the current 8,000, or is it 1,000 out of whoever is operating AN-II right now? This is not clear!

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Posted: Wed, 6 Feb 2002 16:35 AEDT

1,000 Ansett workers may be made redundant under Tesna consortium
Ansett administrators have revealed up to 1,000 workers could be made redundant when the airline is sold to the Tesna consortium.

Ansett administrators are seeking a sanction in the Federal Court to keep the airline operating until its sale is finalised at the end of the month.

The sale process has been delayed by almost 30 days.

During the hearing, concerns were raised about expected job losses.

Ansett administrator Mark Korda admitted to the court that about 1,000 employees are likely to be made redundant, but there would be sufficient funds in the order of $61 million to meet their entitlements.

Mr Korda says another $30 million would be made available if a further 500 jobs were lost.

He says the airline is facing losses of up to $6 million a week and admits those losses could be greater over the next month.


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