As only a five year veteran of major airlines, l'm not sure if l qualify as a 'hero' or not, but even so l do know corporate fraud when l see it.
I don't care that the perpertrators of this mess are in New Zealand, but it just so happens that they are, and what they have done, is what they are allowed to get away with over there.
When NZ took over 100% of AN they intergrated the company, they got rid of AN management and had one line of management, one board of directors, one CEO and onetreasury.
Yet they bleat to the governments that Ansett is loosing $20 million AU a week.
Why did they isolate one part of the company when it was supposedly integrated wqhen the going got tough?
Why did they only tell the governments and not the share holders, or indeed the market? And how long was the company trading in insolvency?
Why did they spin off a part of the integrated business, liquidate it and wash their hands of it, and said it is not our problem?
Why did Helen Clarke only give Air New Zealand a tax payer bail out when they got rid of their foreign arm?
This culpable board could be in Oodnadatta for all l care, but they have to be brought to justice whether New Zealanders or not.
You can't just walk in to business, run it to the ground, walk away with a promised and granted bail out, and wash your hands of it nad not bear any responsibility. It's that simple!