Ansett Australia, Australia's first commercial interstate airline, collapses due to increased strain on the international airline industry, leaving 10,000 people unemployed.
Ansett Australia was a major Australian airline group, based in Melbourne, Australia. The airline flew domestically within Australia and from the 1990s to destinations in Asia. After operating for 65 years, the airline was placed into administration in 2001 following a financial collapse and subsequent organised liquidation in 2002, subject to deed of company arrangement. The last flight touched down on 5 March 2002.