more TESNA tap dancing?
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FLEW don't need to go on television to reassure everyone however Ansett staff have been getting emails to counter the blatant bias in the TV reporting. In the absense of press releases the media just make it up. If the deal wasn't going ahead do you think that the CEO would still be hanging around and he has been the one writing the staff emails. Once the deal goes through then advertising will do its thing and all people will be focusing on is who will give them the cheapest seats.
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Wed "Herald Sun"
Lease pact puts Tesna on runway. .By STEVE CREEDY and CHRIS NIESCHE. .27feb02
ANSETT'S prospects brightened last night after Sydney Airport agreed to transfer the lease of the airline's domestic terminal to the Tesna group and Tesna applied for regulatory approval to relaunch the airline on Friday.
. .Sydney Airports Corporation Ltd said last night it had formally written to Ansett's administrators, advising that it had agreed to the assignment of the lease to Tesna Terminals Pty Ltd, part of the Tesna consortium controlled by Lindsay Fox and Solomon Lew. . .Obtaining the lease for the Ansett domestic terminal at Sydney Airport is crucial to the Tesna deal's going ahead and boosts the prospects of the sale being completed by the deadline of midnight tomorrow.
The move followed an in-principle agreement on the lease assignment on February 14.
"We have negotiated a deal in good faith and delivered in time for the administrators and Tesna to complete their sale process on February 28," Sydney Airport spokesman Peter Gibbs said.
At the same time, Ansett's administrators applied to the Civil Aviation Safety Authority to cancel the airline operator's licence held by the administrator and re-issue it to Tesna.
CASA spokesman Peter Gibson said most of the outstanding tasks involved Ansett paperwork related to aircraft but he was optimistic the deadline would be achieved.
"We're counting down to midnight Thursday for our deadlines for the air operator's certificate," Mr Gibson said.
The move offers hope for thousands of Ansett customers facing uncertain travel plans after Thursday.
Doubts about Ansett had grown since merger talks with Virgin Blue ended at the weekend and Tesna on Monday failed to lodge sale documents with the Federal Court in Melbourne. The Tesna principals have also failed to quash persistent rumours that key US investors David Bonderman and Bill Franke might have pulled out of the deal.
The success or failure of the revived Ansett will be closely watched by its former partner Air New Zealand and its new chief executive Ralph Norris, who yesterday said he hoped to reforge a partnership with Tesna to tap into the Australian market.
But he ruled out Air New Zealand's taking any financial stake in the relaunched Ansett -- at least in the short term.
Air New Zealand remains in a precarious financial position, in part due to its disastrous purchase of Ansett in 2000.
Air New Zealand nearly collapsed late last year after Ansett went into administration and was saved only by a $NZ1 billion ($813 million) cash injection from the New Zealand Government.
Lease pact puts Tesna on runway. .By STEVE CREEDY and CHRIS NIESCHE. .27feb02
ANSETT'S prospects brightened last night after Sydney Airport agreed to transfer the lease of the airline's domestic terminal to the Tesna group and Tesna applied for regulatory approval to relaunch the airline on Friday.
. .Sydney Airports Corporation Ltd said last night it had formally written to Ansett's administrators, advising that it had agreed to the assignment of the lease to Tesna Terminals Pty Ltd, part of the Tesna consortium controlled by Lindsay Fox and Solomon Lew. . .Obtaining the lease for the Ansett domestic terminal at Sydney Airport is crucial to the Tesna deal's going ahead and boosts the prospects of the sale being completed by the deadline of midnight tomorrow.
The move followed an in-principle agreement on the lease assignment on February 14.
"We have negotiated a deal in good faith and delivered in time for the administrators and Tesna to complete their sale process on February 28," Sydney Airport spokesman Peter Gibbs said.
At the same time, Ansett's administrators applied to the Civil Aviation Safety Authority to cancel the airline operator's licence held by the administrator and re-issue it to Tesna.
CASA spokesman Peter Gibson said most of the outstanding tasks involved Ansett paperwork related to aircraft but he was optimistic the deadline would be achieved.
"We're counting down to midnight Thursday for our deadlines for the air operator's certificate," Mr Gibson said.
The move offers hope for thousands of Ansett customers facing uncertain travel plans after Thursday.
Doubts about Ansett had grown since merger talks with Virgin Blue ended at the weekend and Tesna on Monday failed to lodge sale documents with the Federal Court in Melbourne. The Tesna principals have also failed to quash persistent rumours that key US investors David Bonderman and Bill Franke might have pulled out of the deal.
The success or failure of the revived Ansett will be closely watched by its former partner Air New Zealand and its new chief executive Ralph Norris, who yesterday said he hoped to reforge a partnership with Tesna to tap into the Australian market.
But he ruled out Air New Zealand's taking any financial stake in the relaunched Ansett -- at least in the short term.
Air New Zealand remains in a precarious financial position, in part due to its disastrous purchase of Ansett in 2000.
Air New Zealand nearly collapsed late last year after Ansett went into administration and was saved only by a $NZ1 billion ($813 million) cash injection from the New Zealand Government.
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From NineMSN (quoting AAP as the source)
. .07:09 AEDST Wed 27 Feb 2002 . . . . . . . .Ansett deal reportedly facing collapse
The Ansett sale could be on the brink of collapse after Solomon Lew and Lindsay Fox reportedly walked away from talks with administrators on Tuesday night.
According to a report in the Herald Sun, final talks between the two parties failed to seal the $453 million sale of the airline to the Fox-Lew syndicate.
It came just hours after administrators secured the vital lease of the Sydney Airport terminal.
The newspaper said Mr Fox and Mr Lew were believed to have decided their business plan for a revived Ansett would not work.
A source confirmed administrators Anderson were in talks until the early hours of today.
. . . . . .But he said they believed they had met all the requirements for the sale to go through by Thursday's deadline.
The Sydney Airport lease was regarded as a major stumbling block to the sale of Ansett to Tesna.
The newspaper said the chances of the talks resuming between the two parties were now slim.
. .07:09 AEDST Wed 27 Feb 2002 . . . . . . . .Ansett deal reportedly facing collapse
The Ansett sale could be on the brink of collapse after Solomon Lew and Lindsay Fox reportedly walked away from talks with administrators on Tuesday night.
According to a report in the Herald Sun, final talks between the two parties failed to seal the $453 million sale of the airline to the Fox-Lew syndicate.
It came just hours after administrators secured the vital lease of the Sydney Airport terminal.
The newspaper said Mr Fox and Mr Lew were believed to have decided their business plan for a revived Ansett would not work.
A source confirmed administrators Anderson were in talks until the early hours of today.
. . . . . .But he said they believed they had met all the requirements for the sale to go through by Thursday's deadline.
The Sydney Airport lease was regarded as a major stumbling block to the sale of Ansett to Tesna.
The newspaper said the chances of the talks resuming between the two parties were now slim.
