Ansett value cut by two-thirds
I'll leave the details to be scrapped over in Dunnunda and Godzone, but Ansett Holdings is now estimated to be worth just NZ $450 million (140 million UK pounds), which is a write-off of NZ $850 million since Air NZ brought it. Not bad going in only a couple of years - shows what a really determined team of management consultants and bean counters can do.