HISTORY: ANSETT AUSTRALIA also known as Ansett-ANA and Ansett was a major Australian airline group, based in Melbourne. The company was founded by Reginald "Reg" Ansett in 1935 as Ansett Airways Pty Ltd. This was an offshoot of his road transport business which had become so successful it was threatening the freight and passenger revenue of Victorian Railways. The Australian National Airways (ANA), directors fiercely resisted this initially, but in October 1957 succumbed to Ansett's offer of £3.3 million for their airline. The new entity was called Ansett-ANA, the name it retained until 1 November 1968, when it became Ansett Airlines of Australia. In the early hours of 14 September 2001, the administrator determined that Ansett was not viable to continue operations (primarily due to the apparent lack of any funds to cover fuel, catering or employee wages) and grounded the fleets of Ansett and its subsidiaries Hazelton Airlines, Kendell, Skywest and Aeropelican. Ansett ceased all flying operations at 23:59 on 4 March 2002.
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