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Old 17th Mar 2002, 02:15
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Theo Racle
 
Join Date: Feb 2001
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From ABC News Online.... .. .Posted: Fri, 15 Mar 2002 8:51 AEDT. .. .Virgin a potential regional airline bidder. .Virgin Blue airlines may be interested in buying regional Ansett subsidiaries Hazelton and Kendall.. .. .Speculation is mounting following the announcement earlier this week that the Patrick Corporation will buy a large stake in Virgin Blue.. .. .Five interested bidders have been identified so far.. .. .Chief executive of the regional airlines association, Bob Mason, is welcoming any moves towards a definite sale of the two airlines.. .. ."We do not know what stage the negotiations are at," Mr Mason said.. .. ."The administrator may have a buyer at the table at the moment, we do not know that.. .. ."Until somebody comes out from the administrators and says exactly where the sale process is at the moment all we can presume is it is going ahead and it may be close to fruition."
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