'Longreach' From Australia, joined Jul 2001, 505 posts, RR: 1 Reply 3, posted (11 years 9 months 2 weeks 5 days 7 hours ago) and read 1480 times:
I know that it is that simple that they were broke and everything, but if the management saw that coming why did they upgrade the terminals etc and spend all that money? Why did they not sell some things to get some cash?
I mean if you or I were in debt we would sell our car, or even if neccassary our house and downgrade so that we could afford to go on.
I am wondering why this was not considered or even an option. I know that people have said bad management was the reason for the airlines demise, obviously it was considering the debt they were in and the way it all ended up!
TNboy From Australia, joined Mar 2002, 1131 posts, RR: 20 Reply 4, posted (11 years 9 months 2 weeks 5 days 7 hours ago) and read 1465 times:
Ansett started long before the F27. First flight was with a Fokker F-X1 Universal on 17 February 1936, from Hamilton to Melbourne (in Victoria, Australia). Actually Reg Ansett had been operating a car business between the country town of Hamilton and the state capital of Melbourne before starting the flights. Ansett's major growth came when it took over the ailing ANA (Australian National Airways) in August 1957. This started the era of Ansett ANA and TAA as the two dominant airlines in Australia which continued until this week even though the main players went through ownership and name changes.
Throughout it all, the two companies maintained a fiercely competitive, yet still friendly rivalry. It could never be said that they weren't among the most competitive foes in the business, despite the "two-airline policy" which virtually guaranteed their duopoly for many, many years. Every passenger was fought for very hard.
TAA was famous for its slogan Fly TAA the friendly way, while Ansett introduced some highly innovative practices - cladding "hostesses" in gold lame gowns for evening champagne flights, etc. Sir Reginal Ansett is also often remembered for his description of his female flight attendants, during industrial problems, as 'old boilers."
But Reg, like his airline, was a revered and much admired figure in Aussie aviation history.