Air New Zealand buys Ansett

Air New Zealand announced on 18 February that it will buy News Corp’s 50 per cent stake in Australian airline Ansett, giving it complete control. The sale is subject to regulatory approval. Ansett Australia will continue to operate independently, under its own brand, though various functions of the two airlines are likely to be combined. Ansett’s diverse fleet includes seven BAe 146-200s, three 300s, and two 200QT freighters. The series 300s are being advertized for sale, having been replaced on regional routes by CRJs operated by Ansett subsidiary Kendell.

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