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Old 17th Nov 2001, 07:27
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Post Virgin Blue To Topple The Fox-Lew Bid For Ansett?

*Virgin Blue set to challenge Fox-Lew Ansett deal*

Virgin Blue and transport logistics group Lang Corporation have met with
the Federal Government to discuss a proposal that could topple the
Fox-Lew bid for Ansett.

The deal would enable Virgin Blue to expand its operations.

The proposal involves Lang acquiring Ansett terminal space and
infrastructure, as well as a cash injection to Virgin enabling the
airline to expand, possibly taking on up to 2,000 Ansett staff.

"Certainly those ideas we've looked at, but like I said no final aspects
of this proposal have been hammered out, it's truly really very much the
initial stages of discussion," said Virgin spokesman David Huttner.

Virgin and Lang met with Federal Transport minister John Anderson and
other senior government representatives yesterday to discuss the move.

At the same time the federal government's negotiations with Fox-Lew for
the sale of Ansett have stalled over the re-payment of a $195 million
loan.