And then there were two...

The Fox/Lew consortium Tesna have withdrawn their bid for Ansett at the eleventh hour, forcing the airline into liquidation. Flights will continue until midnight Monday, thereby avoiding the chaos of thousands of stranded Grand Prix and Mardi Gras travellers this weekend. Qantas now have close to 85% market share in domestic aviation, and are left with a single competitor: low-cost operator Virgin Blue.