Tasmanian Seaplane Business Financially Sunk | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-06.23.25

Airborne-NextGen-06.24.25

AirborneUnlimited-06.25.25

Airborne-AffordableFlyers-06.26.25

AirborneUnlimited-06.27.25

Wed, May 06, 2015

Tasmanian Seaplane Business Financially Sunk

Tasmanian Air Adventures Voluntarily Placed In Liquidation

A seaplane company that had become something of a fixture on the Hobart, Tasmania waterfront in Australia has taken its last flight. Tasmanian Air Adventures voluntarily entered liquidation, according to the UKYMF Group Pty Ltd, which ran the seaplane operation. The company's employees have been advised of the development, and all flight operations have ceased, according to the Australian Broadcasting Corporation (ABC).

The company had flown charter and scenic flights from the River Derwent. Company director Tim Robertson said the decision was made primarily because "the cost of a start-up was so significant for two fairly average employees who had aspirations of a great business and we've carried that pretty much for the last three years."

Robertson said the company was "very close" to becoming sustainable and making a profit, but the oncoming winter season was already taking a financial toll on the operation.

The company, which was established in 2011, had won a Tasmanian Tourism Award last year, and had recently purchased a second aircraft to meet demand.

Luke Martin of the Tourism Council said that liquidation does not mean that the business has to go completely away. "[H]opefully someone comes in and sees an opportunity and can develop a business model that gets the plane flying around the state's airs again," he said.

FMI: www.discovertasmania.com.au

Advertisement

More News

NTSB Prelim: Piper PA-23

Pilot Also Reported That Due To A Fuel Leak, The Auxiliary Fuel Tanks Were Not Used On June 4, 2025, at 13:41 eastern daylight time, a Piper PA-23, N2109P, was substantially damage>[...]

ANN FAQ: Submit a News Story!

Have A Story That NEEDS To Be Featured On Aero-News? Here’s How To Submit A Story To Our Team Some of the greatest new stories ANN has ever covered have been submitted by our>[...]

Classic Aero-TV: One Man’s Vietnam

From 2023 (YouTube Edition): Reflections on War’s Collective Lessons and Cyclical Nature The exigencies of war ought be colorblind. Inane social-constructs the likes of racis>[...]

ANN's Daily Aero-Linx (07.03.25)

Aero Linx: Colorado Pilots Association (CPA) Colorado Pilots Association was incorporated as a Colorado Nonprofit Corporation in 1972. It is a statewide organization with over 700 >[...]

ANN's Daily Aero-Term (07.03.25): High Speed Taxiway

High Speed Taxiway A long radius taxiway designed and provided with lighting or marking to define the path of aircraft, traveling at high speed (up to 60 knots), from the runway ce>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC