The many years to come, but the

The Administrators regret to advise that the sale of the Ansett mainline business to the Fox/Lew Syndicate – also known as the TESNA consortium – is off. All flights operated by Ansett will be suspended as from midnight Monday 4 March 2002.
Prime minister, honoured and distinguished guests, ladies and gentlemen – welcome to national identity 2002. As other speakers will establish, it takes much to move and shake a nation – but even more for one to be respected and remembered by a nation such as a Australia. My speech today was to focus on one of Australians most dedicated and hardworking men – Sir. Reginald Myles Ansett – however I found it more appropriate to discuss the effects of the Ansett legacy, from its humble beginning to its unfortunate demise.
Founded in 1936, Ansett Australia was to set to become one of Australia's most competitive domestic airlines – not to mention an embodiment of the dreams, visions and competitive ideals of the founder, Sir. Ansett. By 1957 Ansett Air had acquired ANA (Australian National Airways), Queensland Airlines and Butler Air Transport and was emerging as Australia's leading air freight carrier, changing its name from Ansett Airways to Ansett Transport Industries. In 1969 Ansett was the largest domestic airline in Australia and continued to be until the domestic de-regulation in 1990.
Ansett continued to be a driving force in the Australian aviation market for many years to come, but the strong airline began to struggle when in 2000 Newscorp (run by Rupert Murdoch) began to devest itself from the aviation industry. Though reluctant to cut airline costs, Ansett continued to fly, making its international stance when it became one of the major sponsors of the year 2000 Sydney Olympic Games.
Administrators were appointed to Ansett early September, in which they revealed that Ansett faced closure, running million dollar-a-day losses. All Ansett