Ex-Ansett boss gets top job in India

The man synonymous with Australia's failed airline Ansett, Gary Toomey, has been selected as chief executive of India's second-largest airline Jet Airways.

The man synonymous with Australia's failed airline Ansett, Gary Toomey, has been selected as chief executive of India's second-largest airline Jet Airways.

The appointment of Mr Toomey, the former chief executive of Air New Zealand-Ansett, comes just months after Middle East airline Etihad bought a 24 per cent stake in Jet Airways for $US379 million.

He replaces Nikos Kardassis at Jet Airways, which has lost money for the past six years.

Mr Toomey, who is also a former Qantas chief financial officer, has kept a low profile since since the collapse of Ansett in 2001. He has been chief executive of Papua New Guinea carrier Airlines PNG since June 2009.

He stepped down as chief executive of Air NZ, which owned Ansett, in October 2001, just a month after Australia's then second-largest airline collapsed. Air NZ had to be bailed out by the New Zealand government due to its disastrous foray across the Tasman.

Mr Toomey and Etihad chief executive James Hogan, who is also an Australian, have links to Ansett.

Apart from starting his career at Ansett, Mr Hogan was also chief executive of the Tesna consortium led by billionaires Lindsay Fox and Solomon Lew that unsuccessfully sought to acquire Ansett from administration.