Quote Originally Posted by LaserEyeKiwi View Post
Will be interesting to see what happens with it as the other shareholder, Wellington City Council, is debating whether to exit its shareholding. Whether or not if infratil wishes to remain as owner, or dispose of it, it will be beneficial either way if they had 100% ownership.



https://www.oceanflyer.co.nz/news-monte

NZ is a pretty good launch market for this product - most of our population live in coastal cities. Auckland to Tauranga would be a good route, as would Wellington to Picton, Nelson & Christchurch.

I wonder if port companies might end up with new revenue streams.
Looks interesting but will be at least 10 years away, especially how slow the regulators work in this country. I wonder if they even have their Part 102 from CAA. Looks like in a startup phase, but who knows, I may be wrong.