I want to talk about asset stripping.
By the time ANZ got involved in the corporate rape there was little left.
Abeles and Murdoch took over Ansett Transport Industries. This comprised..
Ansett Airlines.... Provincial Motors (Ford Dealer in Bendigo)
Airlines of NSW .... Wridgway Bros (Removalists )
Airlines of SA .... Ansett Hotels (Several Gateways + Hayman Is )
MMA .... National Instrument Co
Air North ?... Coach Building..Cannot remember the name!
Two TV Stations .... Avis Franchise
Pioneer Tours?... Diners Club Franchise
Ansett Road Freight,
and as far as I recall was wholly Australian owned.
Where is it all now? I had been of the view for many years after that AN was a big empty shell and their biggest asset was the terminal leases.
Rather glad RM was not around to see what was done to a lifetimes work.
I had never seen so much company loyalty and never will in this day and age!
Very proud to have been a cog in a great wheel!
Emeritus