Tasmanian Air Adventures In Liquidation
In the beginning TAA had inside running in the port of Hobart with the enthusiastic support of the former Lord Mayor
The best outcome would be the take over of the company by someone
able to take up the reigns will renewed vigour.
The best outcome would be the take over of the company by someone
able to take up the reigns will renewed vigour.
Last edited by Fantome; 1st May 2015 at 08:52.
underhand tactics of competing charter firms??
I.e., Par Avion (Me) ?
We operated in different markets and had a amicable relationship with them.
I dare say with issues like "upcoming" Part 135, expensive fuel, the usual issues of General Aviation, maintenance..., that the directors realised that there are easier ways to make money than the toilet which can at times be aviation.
Despite it being an award winning product, a growing market and a plane which seemed to be flying all the time, those inevitable costs must hast just been too difficult to overcome.
Kudos to giving it a shot, it's a real shame it didnt work out as by all accounts the punters loved it.
Shannon
I.e., Par Avion (Me) ?
We operated in different markets and had a amicable relationship with them.
I dare say with issues like "upcoming" Part 135, expensive fuel, the usual issues of General Aviation, maintenance..., that the directors realised that there are easier ways to make money than the toilet which can at times be aviation.
Despite it being an award winning product, a growing market and a plane which seemed to be flying all the time, those inevitable costs must hast just been too difficult to overcome.
Kudos to giving it a shot, it's a real shame it didnt work out as by all accounts the punters loved it.
Shannon
Given the commercial environment down there, it's a sad reality of the times in Tassie. IMHO the business needs to be operated as part of another operation that can provide income when the core floatplane business is flat due to seasonal demand etc.
A couple of other companies are/or have been up for sale for quite some time in Tasmania recently. Two that come to mind is the other float plane operator at Strahan and the charter operator at Bridport. Also heard that the Aero Club in Hobart (CBG) has got out of training and the Aero Club in Launceston is very quite.
A couple of other companies are/or have been up for sale for quite some time in Tasmania recently. Two that come to mind is the other float plane operator at Strahan and the charter operator at Bridport. Also heard that the Aero Club in Hobart (CBG) has got out of training and the Aero Club in Launceston is very quite.
I was told today that the RFDS is now managing an aircraft for Santos, and are going into Charter in a big way.
Here we have a big-business charity outfit exempt from tax competing with small business operators trying to build something.
I might have to start the Leafbower Eclesiastical Church so I can get charity status too
Here we have a big-business charity outfit exempt from tax competing with small business operators trying to build something.
I might have to start the Leafbower Eclesiastical Church so I can get charity status too
Just become a Pastafarian Minister in the Church of the Flying Spagetti Monster: Church of the Flying Spaghetti Monster 
Who knows how much money they owed or credit arrangements they had.... generally if you fold, you aren't making enough money because the money coming in is not greater than or equal to the money going out 
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Sad times in aviation at the moment. Flew with Tasmania Air Adventures when I was down in Tassie in 2011. Had a remarkable experience, you will be missed by many, but not forgotten. Thanks guys!
it's a sad reality of the times in Tassie
T&G.
do not rule out the distinct possibility that the demise of this operator is connected with the underhand tactics of competing charter firms
Moderator
“That included a lot of changing and challenging of regulatory requirements that were very confusing and there were a lot of blockages put up at the start."
Generally Squawk, aviation is capital intensive and undercapitalisation is the primary cause of premature insolvencies. Debt to equity ratios in aviation any greater than 1:1 are a bankruptcy looking for a place to happen - not that I am suggesting this operator was undercapitalised or insolvent.
But Fantome, they had no competition.
unpalatable history that clouds accurate perception at times.)
Knew all the folk at TAA. Enthusiasts to the core.
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Can you advise Liquidator name and contact and is the AOC still valid.
Have a buddy in US with capital his associates are in Newcastle and Sydney who wish to take a peek…..
Have a buddy in US with capital his associates are in Newcastle and Sydney who wish to take a peek…..
Horatio Leafblower,
A similar thing happened to Licenced Second Hand Dealers. (Remember them, anybody?) Their place has been taken up by tax exempt charities such as Anglicare, Salvation Army and Vinnies.
A similar thing happened to Licenced Second Hand Dealers. (Remember them, anybody?) Their place has been taken up by tax exempt charities such as Anglicare, Salvation Army and Vinnies.
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I was told today that the RFDS is now managing an aircraft for Santos, and are going into Charter in a big way.
Although they cried foul to every politician that would listen when they lost work to Pelair and Aeropearl.
Hi Dick
Not really sure how that can be possible ("Part 135 operator's will require certification under CASR Part 119, with its requirements for: continuing airworthiness under an approved aircraft maintenance program, operational risk management under a safety management system, fatigue risk management systems for crew and procedural training and checking of flight crews under the operator's training and checking system either in-house or provided by an arrangement with a Part 142 certified training and checking provider.") also the requirement for TAWS B. (let alone PBN and ADSB)
I'm not disagreeing or agreeing with the proposals, just saying it will add costs.
Be nice however if we could get an update from later than the Consultation Draft in 2012
Shannon
Not really sure how that can be possible ("Part 135 operator's will require certification under CASR Part 119, with its requirements for: continuing airworthiness under an approved aircraft maintenance program, operational risk management under a safety management system, fatigue risk management systems for crew and procedural training and checking of flight crews under the operator's training and checking system either in-house or provided by an arrangement with a Part 142 certified training and checking provider.") also the requirement for TAWS B. (let alone PBN and ADSB)
I'm not disagreeing or agreeing with the proposals, just saying it will add costs.
Be nice however if we could get an update from later than the Consultation Draft in 2012
Shannon
Can you advise Liquidator name and contact and is the AOC still valid.
Have a buddy in US with capital his associates are in Newcastle and Sydney who wish to take a peek…..
Have a buddy in US with capital his associates are in Newcastle and Sydney who wish to take a peek…..
Robert Tenbensel, of Tenuto Financial Chartered Accountants, has been appointed liquidator of the YKYMF Group Pty Ltd, trading as Tasmanian Air Adventures. - Tenbensel & Dee - Chartered Accountants
I believe an AOC is suspended when a company goes into liquidation. I dont know the procedures for getting it reinstated, obviously key personnel would need to be appointed.
they also dealt with the Tasair liquidation - http://www.tendee.com.au/Annual_rep_tasair.pdf
Shannon