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News: Ansett sale will go ahead despite court adjournment, Combet

News: Ansett sale will go ahead despite court adjournment, Combet

 
Old Feb 18, 02, 6:36 pm
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News: Ansett sale will go ahead despite court adjournment, Combet

Ansett sale will go ahead despite court adjournment, Combet
SYDNEY, Feb 19 AAP|Published: Tuesday February 19, 11:50 AM

Ansett unions remained confident the sale of the airline would be finalised by the end of the month despite the deal stalling in the Federal Court, the ACTU said today.

A Federal Court application to approve the Ansett sale contract was adjourned in Melbourne this morning after administrators revealed details of the sale were not yet complete.

ACTU secretary Greg Combet said the decision to adjourn the case until Friday was expected and was by no means a setback to the Ansett sale.

He said details about airport leases and a final deal between Ansett administrators and would-be owners Tesna were likely to be finalised within the next few days.

"I'm as confident as I have ever been now that this sale will complete," Mr Combet told reporters in Sydney.

"I hope that confidence is proven to be well-founded - I think it will be.

"This has to be finished within the next seven to ten days."

Unions are meeting with Ansett staff nationwide today and tomorrow to brief them on the latest developments in the Ansett-Tesna deal.

The deal must be finalised by February 28.

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