Ansett the collapse of an Australian icon
Ansett: the Collapse of an Australian Icon Ansett began in 1931 as a passenger car service between Hamilton and Ballarat, Victoria. It was operated by Reg Myles Ansett (later to become sir Reginald Ansett). ... In 1937 Ansett Airways was incorporated as a public company. By 1969, Reg Ansett saw the airline he founded achieve the status of Australians largest domestic airlines. (Ansett homepage, 2002) 1982 Ansett was sold to corporate heavy weights Sir Peter Ables (chairman of TNT) and News Limited Rupert Murdoch. When these two took over Ansett they decided they would go on a spending spree and purchase all these new and larger planes. (VEA/ABC, 2002) In 1996 Air New Zealand purchased TNT’s 50% of Ansett. In February 2000 Air NZ bought the other half of Ansett from News Limited. (Ansett homepage, 2002) Christmas 2000 and Easter 2001, Ansett faced major disaster at the busiest times of the year. The Ansett fleet of planes was grounded because of mechanical faults. ... (Ansett homepage 2, 2002) The Civil Aviation Safety Authorities (CASA) threatened that Ansett could not maintain their aviation license. CASA wanted to not only make a change in management but also in the companies policy and procedures, before allowing Ansett to take off again.