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Old 24th Sep 2001, 03:19
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The Guvnor
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Exclamation After Ansett, the Plug Gets Pulled at Air New Zealand
After a roller-coaster ride that saw Air New Zealand's shares plummet to NZ$0.16 its bankers have called in their facilities and the Government is putting the company into Administration, according to radio reports in New Zealand. Formal announcements are expected later in the day.