PPRuNe Forums - View Single Post - The General Aviation Industry is Being Destroyed
Old 21st Oct 2015, 20:53
  #83 (permalink)  
thorn bird
 
Join Date: Jul 2010
Location: sydney
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Adsie,


To my mind an AOC is not an asset, it has no value because its not transferrable, at least not without massive expense and its subject to the whims of an unfetted and absolutely incompetent bureaucracy.


Now with a capital city airport on the other hand, you are purchasing a monopoly, a money making machine that generates vast amounts of tax free dollars, every developers wet dream.
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