Wiley might just be smarter than the rest of the syncophants, YPJT you and I may never agree on most things , but the real issue is one of the ICONS of Australian Aviation is on the brink of insolvency.
And with it if it goes is the whole Aero Club movement, once the seminal core of young pilot aspirations.
Personally I don't think it can survive the reckless behavior of the previous Directors, how they found the value in JAA training in Australia on the other side of the world is a mystery that is quite baffling and then to pay out mega dollars for something tht had as its only real asset IP that is common to every flying school in the world is a travesty.
20 times C150 doesn't stack up to a lot of dollars and whilst the building is quite special it sits on leased land with no real suitors, in other words who wants a smart looking building on the Southern edge of a lease hold with no prospect of secondary use or a viable income stream.
It will be cathartic as the drama unfolds, but probably necessary to re establish the possibility of saving the Aero Club movement.