Original sentence: Air New Zealand, previously a 50% shareholder, acquired full ownership of Ansett in February 2000, buying out News Corporation.Ansett Australia or Ansett was a major Australian domestic and international airline, flying passengers around Australia and to destinations in Asia at its height in 1996.The airline failed financially in 2001.The majority of its assets have since been liquidated
Edited sentence: Air New Zealand, previously a 50% shareholder, acquired full ownership of Ansett in February 2000, buying out News Corporation's stake.Ansett Australia was a major Australian domestic and international airline.The Capital Shuttle service was also given a dedicated gate lounge for its services at Sydney Airport.The airline was founded by Reginald Myles Ansett in 1936.This service mainly used Saab 340 Aircraft, with small use of A320 and 737 aircraft mostly in peak periods