NEW CASA $$$ CHARGES
Folks,
I am surprised there is not already a thread.
Reported yesterday is a big CASA loss, and the intention to expand CASA charges to recoup the loss of some $25M???.**
It seems that Part 61 is costing CASA $$$ --- (no mention of what it is already costing the industry) and matters related to Part 61 will be a major new source of revenue.
See Friday's Australian.
This has the potential to seriously cripple an industry sector already on its knees, I suppose as the sector shrinks, CASA will just have to increase its charges to maintain the cash flow.
The $$$ "luxury" of a captive market.
Of course, CASA cutting its cost doesn't rate a mention.
Tootle pip!!
** Can't find the dope on the CASA web site, and there seems to be differences between what is in the CASA 13/14 annual report and the Australian story.
Last edited by LeadSled; 28th Mar 2015 at 03:14.
Reason: spelling correction