I don't think B1900s or S340s are Part 121...

Part 125, if memory serves. Less restrictive than the big boys, but still more regulated than low capacity GA.

Easy to overlook that kind of detail when moving from a more progressive country to a less progressive one. :E

FYI Part 135 is small aircraft Part 125 is Private/commercial like a baseball team with their own airplane six customers per year.

4 Holer,
You are mixing up NZ Part 125 and FAR 125. Please get your facts straight before you stick it to somebody.
Have you noticed how Australia is going to handle this --- by regulating light aircraft charter almost per NZ Part 125, even though we are going to call it Part 135. And speaking of taxiways, CASR Part 135 aerodrome standards, alone, will eliminate most rural light aircraft charter as we have known it.

Tootle pip!!

saabs are 121 aircraft in nz.

casa has been known to issue narrow rwy ops exemptions before.

sounds like Vincent OZ might have been a bit like Ansett, in that the Kiwis ripped as much out as they could before letting the Australian operation fall over.


It must be almost impossible chasing money over international borders.

............

Not quite XPT... the smart-money with Centre-Bet is on the fact that brokers used, tried to "cream too much" from the operations, given BF put out at a very cheap rate in order to get work for their aircraft.

It was widely known around darwin for about 8 weeks before the end.

1900D's are hard to run a profit on. Just when everything has been going along swimmingly for a few months, an unexpected hot section, or a planned undercarriage overhaul comes up and 6 months profits go down the toilet. Hawker/Beech/Textron/Uncletomcobillee or whatever they're called are making noises about getting their parts/service section sorted out. It's been a long, expensive time coming. Even the well run, professional 1900 operation in New Zealand has fallen foul of the parent company and is on shaky ground. Apparently, AirNZ Central thought they were going to make them a tidy profit...silly!

SAAB 340 not much dearer to run than a 1900D

Every operator who operates the 1900D goes broke in Australia.

Lovely pilots aeroplane.

Why is it every arm chair pilot on this forum is such an expert on the economics of running aircraft.

My guess is very few have ever owned anything bigger than a Cherrokee.

Speaking as one that has owned(be it with a large loan) aircraft the equivalent of the SAAB the formulae is very simple.

To make money on any aircraft doing less than 1000 hours per year, you need to have low capital or leasing cost. I can tell you the punters cannot tell if the aircraft has 10k or 2k hours, just so long as the presentation is up to scratch and the payments low.

When you get to around the 2000 hours per year then you can afford newer aircraft.

This parameter gets better the higher the utilisation hours.

My guess is that Vincent's were in the never never land of around 1400 to 1600 per year with high lease payments. The only people making money were the aircraft leasing company, and they were paid up front and held a deposit against default.

So why is this all CASA's fault or B1900 or Phfreds Whizbag 123.

2 + 2 ALWAYS = 4.

You can finangle the figures anyway you like.

You can play with "market penetration" until you're blue in the face.

You can even be a self proclaimed CASA Reg guru, but if the numbers don't work, the numbers don't work.

They didn't 2 or 3 years ago, its just amazing they lasted this long.

Pilots should be banned from the financial operating of aviation enterprises.

Folks,

By the hundreds, mostly for high capacity RPT. Great idea, adopt ICAO rules (after decades of using the US rules) then issue hundreds of concessions, because the ICAO SARPs knock out so many aerodromes to the RPT fleet.

Tootle pip!!

PS:
Gaunty.
Certainly pilots like you --- cast your mind back!!

..well!? This rumour network thing is working a bit slow this week...?

mate told me a couple weeks ago, it was all about a couple of weeks away.

seems he might be right? :(

How ironic..being put into receivership by a crook and a thief who deserves to be in jail himself

NZ Herald this morning
 

A bird in the hand?

Air Chathams Convair 580 (50 seaters)?


If Vincent NZ wound up, surely it wouldn't be that difficult to start again from scratch.


There are still 2 x Saab 340B's parked at TSV up for sale or lease.

Chathams were going to use their metro.