Air NZ may not have been the genesis of Ansetts demise, but they bought an Airline that needed saving and failed to do so. NOONE said it was a good idea for them to take 100%, but they insisted on exersizing there pre-emptive right. Almost instantly, every analyst I read said they had made a mistake and even Selwyn himself said they had paid to much for it.

It was not the first step in ANs demise, but was certainly the last.

As to CZDog, fairwell old freind, you were a good ship.

I concur with BB on the state of play when ANZ took over. The place went into a spiral dive almost immediately. Before that things used to work very well. I would like to know how in the previous year with Mr Ed in charge we made heaps of dollars and the next year we went out backwards. As for BB's comments on Kiwis I dont have a problem with them;they are completely balanced people - they have a chip on both shoulders.;)

In an attempt to get back to the original thread...
My understanding is that CZD was in the middle of having the forward pressure bulkhead replaced and it was simply not financially viable to get it back together.