Very sad for Pete and all the staff, it has been a great and well run operation, one of the best. In reply to mattyj's post above, it's always been very difficult to keep going in NZ aviation and in some ways only the date has changed. Back in time a bit it was the likes of SPANZ, Air North, Air Central, Air Albatross, BellAir, Capital Air Services, James Air, Avcorp, Cityjet etc. Some of them run better than others, but very few if any of them ran as well as Vinnies. I'm sure that there are others that I can't recall too, then of course we had the big one with Ansett. Some people have worked for several of these operators in their time, and gone from one to the other as one bit the dust and another one started up. Undoubtedly there will be others try in the future too. I do hope that it all works out well for Pete and the staff, and that they will all be able to get suitable positions in the industry again very soon.