Wednesday, January 9, 2019

Ansett Australia Boeing 747


Obviously issued in the late 1990s or in 2000. The airline went bust just over a year later in September 2001. At the time it was owned by Air NZ -- one of their notoriously bad management decisions, requiring a government bailout in the form of a big share purchase.  However, it was a good news story for the taxpayer as the shares steadily recovered in value in the following years.

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