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Old 13th Nov 2002, 05:15
  #28 (permalink)  
Rich-Fine-Green
 
Join Date: Mar 2002
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25 Commercial Schools??

What a ****fight to make that one work!.

The only realistic way something to achieve something along those lines would be to close the gate now - and not issue any new AOCs.

Even that would be hard to get past the hip Prof. Fellzy.

By not issuing any new AOCs, there would be a fixed number of operators that may actually be able to plan for the long term future.

A few AOCs would fall by the wayside as part of the natural attrition we see in this industry.

What would be left after a few years would be an industry that could be sustainable.

AOC's and therefore businesses may actually gain some value - just the same as Taxi-cab licences are fixed in number.

If a new comer wanted to start a flying school or charter company, he/she/they could simply purchase an existing AOC - just as one might purchase a Taxi-cab licence or indeed a Newsagent or Milk Run.........

A sustainable industry that has a future and a value will allow for better conditions and banks may then feel more comfortable lending for new equipment against an AOC that has value just as they do for the above industries.

Yes, I know.......not so easy. AOCs currently are not transferable and CASA would still have the final say on prospective owners being 'fit and proper persons'.
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