O'Connor Airlines

[Paul McFarlane]

Greetings all,

For those that don't know (all happened between boards!) - O'Connor Airlines was bought as a whole by Adrian De Bruin who is the former owner of Auspine Ltd (which was purchased by Gunn's of Tas.)

From what I understand - and these plans seem to change now and then - the business is going in the following direction:

O'Connor Aero Maintenance - Is being relaunched and it is anticipated to be a bigger operation than previously.

O'Connor Travel Agency - Also continuing on. This and the maintenance side were both profitable sections of the business.

While the airline will not recommence RPT work (at least not in the short to medium term) - there seems to be plans to operate one of the J32's in a club seating charter capacity along with a Conquest.

The other Jetstream is apparently being sold.

There are a few other things in the pipeline, but it would be inappropriate to mention them here just yet.

From what I've been told - the aero maintenance side is set to bring many and varied aircraft to YMTG. Which will be very welcome at our sleepy aerodrome - Activity breeds activity!

Cheers

Paul M