CANBERRA, Australia -- Australia's coalition government should inject up to 200 million Australian dollars (US$96.9 million) through a loan or equity to get failed carrier Ansett Australia flying again, opposition Labor Party leader Kim Beazley said Monday.
A government loan or equity injection could be the critical action needed to help potential private-sector bidders get the collapsed unit of Air New Zealand Ltd. operating again, he said. At the time of its collapse, Ansett was Australia's second-biggest airline.