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Thread: Merged: ADSB
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Old 9th Nov 2008, 21:18
  #82 (permalink)  
jeta108
 
Join Date: Oct 2008
Location: in the bush
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There is rumour that there is $1.4 billion Aussie dollars missing through some Delaware Corporation. I understand there are serious investigations under way at this time that may or may not impact upon any give away's for GA. As the Fereral Gov't is the only shareholder (other than us taxpayers), that stands to loose in this alleged loss, can anyone honestly see cash being chucked about until this mess clears up?

Now if those pushing for ADSB to be mandated achieve their aim before any subsidy materialises, why would anybody, especially Politicians who are prone to lie and reneig on deals, honour any verbal arrangements.

This poster will be financially handicapped, a lot who may benefit by installation in aircraft owned by their Boss won't be. What is really irksome is that some private GA pilots pushing this barrow the loudest are not aircraft owners. They can afford to be gullible.
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