Many thanks mate for translating all of the above into English. My brain was starting to hurt and then I realised there's a good reason why I'm not one of the super bright ones at AIR earning $500K plus LOL.
http://www.stuff.co.nz/travel/news/7...tor-ban-ageist Hmmmm wondering how old that Saab 340 is :eek2: https://en.wikipedia.org/wiki/Saab_340 According to Wiki production ended in 1998 so this old plane must be at least 18 years old based on a start date of flight operations in 2016 but based on the mid point of production for this aircraft type it is more likely to be circa 26 years old ! Slow too at average cruise speed of only 252 knots. I doubt they'll ever advertise the age but the Massey Fergueson tractor somehow seems quite appropriate really....guess I must be ageist too :) Good thing is the initial capex to start an operation with such and old relic of a plane would be really very modest so they should have enough money left over to do a fresh lube and oil change on the engines before that start flight operations. Feel a little bit sorry for Ewan Wilson...really this is quite "the comedown" from Kiwiair day's isn't it !
Update - Just in case any aviation enthusiast is interested. Production of the Saab 340A (the aircraft type they're using), started in 1983. The improved Saab 340B production started in 1989 so based on the mid point of Saab340A production 1986, the aircraft they're using will be an incredible 30 years old in 2016 !! By comparison AiR N.Z. typically retire aircraft after 18 years service.
I see over a million shares traded already...looks like one of two institutions might have finally woken up and started to smell the coffee...