Posts: 1294
Joined: Sun Mar 25, 2001 4:32 am

Ansett: Worlds Biggest Creditors Meeting

Fri Dec 21, 2001 1:10 pm

Fri "Australian"

Millions more creditors for Ansett
By Steve Creedy
December 21, 2001

ALMOST a fifth of the nation will be entitled to some say on Ansett's future after confirmation yesterday that the airline's 2.6 million frequent flyer pointholders and its 1.3 million Golden Wing Club members are unsecured creditors.

About 4 million people in total could take part in what may be the world's biggest creditors meeting in Melbourne on January 29.

Ansett administrators, Andersen, said the meeting in the Melbourne Exhibition Centre would be webcast to give everyone a chance to participate and a hotline would be set up to answer queries.

But administrator Mark Mentha said it was yet to be determined how much weight their votes would be given.

The confirmation that frequent flyer and lounge members are unsecured creditors means there is no legal obligation for preferred bidder Tesna to honour the 70 billion oustanding points with its new scheme. However, the consortium has not ruled out some incentive to lure frequent travellers back to Ansett.

Posts: 399
Joined: Mon Oct 08, 2001 11:59 pm

RE: Ansett: Worlds Biggest Creditors Meeting

Fri Dec 21, 2001 6:58 pm

should be a good and long meeting

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos