Alternatively, register for GST in your own name (and ABN) and operate the aircraft through that. All the losses that Akro correctly predicts can then be offset against your own tax return instead of being locked up in a company and difficult to access.
Only if your income is derived from something you have a real use for the aircraft for. You cannot have expenses in one field of work and offset against another.
In FY2011 when we were developing OzRunways and test flying it in my own aircraft; I had no income from that business, so I could not offset against income from my other business. This year I will be able to. (And of course the 2011 expenses will have accrued.)
You could put it in if you do your own taxes, but good luck if you get audited!