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Old 14th Apr 2014, 02:20
  #592 (permalink)  
LeadSled
 
Join Date: Jul 2001
Location: Australia
Posts: 4,925
You cannot invest, employ and grow any business if you cannot manage the business risks involved and one of those risks is capricious action by CASA.
Sunfish,
Addressing this situation, the dearth of sources of capital for investment in small aviation enterprises was one of the issues to be addressed by the PAP/CASA Review in 1997, it was well recognised at the time, and the problem was addressed in the then Government election policy: Soaring Into Tomorrow.
There have been at least two more studies, of which I am aware, on this subject since, I have looked for but have not found copies.
However, they all make the same point, that the CASA arbitrary and capricious interpretations of very unsatisfactory aviation regulation, and the lack of avenues of reasonable redress at affordable costs, seriously undermines any potential for investment in aviation.
Tootle pip!!
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