farrari
Quite so, theres no rule or law that says Ansett or any other airline for that matter must survive.
In any event a substantial change of ownership should I believe trigger a suspension/review of the AOC.
4Dogs help me out here.
The "new" owners should be subject to the same scrutiny as if it was a new AOC.
There would not be any gaurantees, a lot of pressure on the regulator maybe, but no gaurantees. The test will be whether the Government will allow the regulator to regulate, all other foreign ownership issues aside.
There is or was something in the Act about that in any event, must go have a look.