What the Tax Man Tafflh Away – Assessing Manufacturers’ Credits The Australian Taxation Office (ATO) may have dealt a severe blow to manufacturers’ efforts to sell and lease new aircraft in Australia’s already struggling market if a recently issued Draft Taxation Ruling becomes final. The ruling clarifies the ATO’s position that incentives or manufacturers’ credits
Wigram Air Base Closes by Dec ‘95 The Wigram, Christchurch, RNZAF base-the birthplace of military flying training in New Zealand and the spiritual home of the Air Force – will close by December 1995. The Chief of Defence Force, Vice Admiral Somerford Teagle, announcing the closure, said units at Wigram would gradually be relocated to
50 Years Ago… May 1-Bay of Biscay. F/O E Smith and crew of 461 Squadron in Sunderland DV968/M damage the German submarine U-415. May 2-Australia. The Japanese raid Darwin with 21 escorted Bettys. For six kills, 14 Spitfires are lost, five in combat. F/Os G Gifford (A58-67) of 457 Squadron and McNab (A58-12) of 452
Inferiority Complex My name’s Jack Stephens. I’m retired now, but one way or another’ve been around aviation most of my life and it taught me one thing – that an aeroplane’s no place to try to prove yourself. I’ll never forget what happened – it’s haunted me now for the past 15 years. I used
Kaman K-Max Aerial Truck Set to Exploit Unique Market As previously reported (refer Rotor Torque p76 June 92 AA), the US helicopter manufacturer, Kaman has returned to the commercial market after an absence of four decades. Recognising that there is presently an oversupply at all levels of passenger carrying helicopters, Kaman researched the market and
Ansett ExpressWith Airline deregulation in Australia now entering its third year the scene in the airline industry is one of continued instability. Compass Airlines was the first new deregulated airline in Australia. Operations commenced in December 1990 however just over twelve months later it was out of business due to massive financial problems. The public