Monday 19 September 2011

Ansett Airlines 10th Anniversary of Collapse

This month marked the 10th anniversary of the collapse of Austrian Airline Ansett. On September 14 Australia's second biggest airline went into administration.

The airline's collapse a decade ago left 15,000 employees out of work and out of pocket, and while some have made a new life, others have never recovered from the fall of the Australian national icon.

10 years on from one of the most painful corporate failures in Australian history thousands of Ansett employees are still trying to comprehend the collapse of the company they loved. At reunions around Australia over the past month, former Ansett employees have got together to remember - and to cheer each other up.

They have also spared a moment for the colleagues who didn't make it through the collapse of their company – more than 40 Ansett employees suicided following the airline's failure.

Most of the former employees have moved forward.  They have all suffered in various ways but can be happy that they did their best, they loved their jobs, and their company.

It is to be hoped that the airline companies presently operating in Australia continue to operate, grow and prosper, and that new ones can add.

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