Ansett Airlines has been placed into voluntary receivership by Air New Zealand, its owner, after Qantas Airways quit talks to buy Australia’s debt-burdened second-ranked carrier.
After the Qantas rejection Air NZ suffered a further knock-back when the Australian government refused to underwrite a restructuring of Ansett’s operations into a lower-cost airline called Ansett 2.
Read MoreAir New Zealand has put Ansett Australia up for sale after Australia’s competition watchdog indicated it might give the green light to a Qantas bid for the troubled Australian subsidiary that is losing A$1.3m (US$675,000) a day.
The Australian government has lent its support to the sale despite the fact that a deal with Qantas would give the national carrier a 90 per cent share of the domestic market
Read MoreTop IATA agents 2000 for Aus, NZ, Can – top 10 by country
Read MoreWilson Logistics of Sweden has bought VIP Airfreight Pty Ltd of Australia, a specialist airfreight forwarder dealing in movements of food. Most is exported to Asia. Wilson are reported to be interested in strategic acquisitions worldwide.
Read MoreDutch logistics and mail group TPG has reported strong first-half results.
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