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Ansett airline to be revived

More than 1500 creditors approved rescue plan

Once the Australian second air carrier, loss-making Ansett will be saved by Tesna, a consortium headed by Solomon Lew and Lindsay Fox. This is what the 1500 something creditors gathering decided last week in Melbourne. The USDbn 1,55 worth operation could take up to 30 days to be ready to take off. Ansett Mark II (the new name of the airline) will loose something like AUSDm 120 during its fist...

AVIONEWS - World Aeronautical Press Agency - 23085
Rome, Italy, 02/04/2002 09:59
AVIONEWS - World Aeronautical Press Agency

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