Ex Douglas Driver
12th Sep 2005, 09:31
...well, they're paying NZ$155 milliion for 34 jet aircraft from New Zealand, and I can't find any information about them.
I acknowledge that NZ$155,000,000 is approximately US$3.95
The government has announced a $155 million sale of its former Air Force strike fleet. The planes will go to an American pilot training company called Tactical Air Services Limited.
They will be used to train pilots.
The Skyhawk attack planes and Aermacchi trainers have been in mothballs since New Zealand's Air Force strike wing was disbanded in 2001.
Prior to the announcement of the sale the National Party said that the money made from the sale would be offset by other costs.
It said information from parliamentary questions shows $7.1 million was spent on storage and maintenance for the decommissioned aircraft until January this year.
In addition, $677,000 had been given to Ernst and Young for handling the deal until March last year. The final cost is unknown.
Defence Minister Mark Burton says some of the $155 million will be used for sale costs as well as for the costs of maintaining, storing and regenerating the planes.
He says after that process is finished, the Defence Force will be left with $120 million, which will be available for the purchase of new military equipment.
I acknowledge that NZ$155,000,000 is approximately US$3.95
The government has announced a $155 million sale of its former Air Force strike fleet. The planes will go to an American pilot training company called Tactical Air Services Limited.
They will be used to train pilots.
The Skyhawk attack planes and Aermacchi trainers have been in mothballs since New Zealand's Air Force strike wing was disbanded in 2001.
Prior to the announcement of the sale the National Party said that the money made from the sale would be offset by other costs.
It said information from parliamentary questions shows $7.1 million was spent on storage and maintenance for the decommissioned aircraft until January this year.
In addition, $677,000 had been given to Ernst and Young for handling the deal until March last year. The final cost is unknown.
Defence Minister Mark Burton says some of the $155 million will be used for sale costs as well as for the costs of maintaining, storing and regenerating the planes.
He says after that process is finished, the Defence Force will be left with $120 million, which will be available for the purchase of new military equipment.