Some of you should step back a bit here, the facts are that LONG before "Air Sheep" decided to buy AN it was already terminal.
When Abeles and his "mate" Rupe took control of the Co. in the early eighties ------- rather stole it from Reg for FA, Ansett Transport Industries as it was then comprised:
Ansett Airlines and its Subsidiaries (ANSW,MMA,ASA)
Ansett Air Freight
Ansair - Bus Manufacturing
Gateway Hotels
Ansett Wridgeways
Bendigo Motors
Mildura Buslines
Hamilton Buslines
Diners Club
Channel 10 or O (forget when it chngd)
Hamilton Island
Proserpine Airport --- built by Ansett
AJC Finance - the undoing of Reg.
and some of you guros may be able to add others to the list.
All the a/c, buildings and most of the businesses were totally owned by ATI.
FACT IS THOSE TWO SOB's ASSETT STRIPPED THE COMPANY and within only a few short years Ansett the Company Owned nothing. They took it over for a song and made a huge personal profit from the liquidation of ALL the core assetts
'89 was but only one more nail in the coffin the Company was already well and truly dead. The fact that it survived/staggered for another 12 years is probably remarkable in itself - but IT WAS NEVER GOING TO SURVIVE NO MATTER HOW MUCH MONEY WAS THROWN AT IT.
