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View Full Version : Corrigan's high-flying plans for Virgin Blue (Terry McCrann)


Wirraway
2nd Apr 2005, 16:59
Sun "Herald-Sun"

Corrigan's high-flying plans for Virgin Blue
By TERRY McCRANN
03apr05

A LONG time ago Rupert Murdoch flew into Melbourne town to buy an airline, so that he could pick up a TV station.

His News group owned Ten in Sydney. He wanted to add Melbourne's Ten -- except in one of the bizarre legacies of the way licences used (why?) to be handed out, Melbourne's Ten was part of the Ansett Airlines group.

So Murdoch joined the late transport tsar Sir Peter Abeles to buy Ansett. He took the TV station and Abeles ran the airline -- and the rest, and a very great deal of it at that, including of course Ansett, would be history.

Fast forward a quarter of a century or so to a new, much more focused and highly disciplined transport tsar, Chris Corrigan.

This time Corrigan flew north, metaphorically speaking, to again buy an airline. What was effectively Ansett's successor -- Virgin Blue.

Like Murdoch before him, Corrigan didn't really want to buy the airline as such. But quite unlike Murdoch, he wasn't after some hidden jewel like a TV station.

Click here for FULL story (http://www.heraldsun.news.com.au/common/story_page/0,5478,12733475%5E664,00.html)

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