Ansett had to be gotten rid of because it would have been a huge threat to Air New Zealand and Qantas under the stewardship of SIA.
How is it that Ansett was Airline of the year 2 years in a row, Olympic official carrier then just vanish into thin air.
ANZ bought Ansett though it could not afford it, they paid 150 mill more than what SIA offered News Corp for their half, only to stop Ansett from flying across to the West Coast USA, as ANZ thought that domain belonged to them and Qantas exclusively.
They all new that Ansett was a real danger to them, as Branson said that Ansett International was the best airline service in the world.
So when the payment came up ANZ could not afford to make the payments and just let Ansett adrift after gutting all the assets, meanwhile Trickie-Dickie had Howard and co in his pocket, so no life-line, not like for the Auto industry or many other examples (Howards Bro.) where the gov bailed out troubled industries.