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Skybus (Aqua Avia)
Skybus was an attempt to create a privately owned commercial airline in New Zealand during the 1970s, a time of state-owned public transport. It was a brainchild of the entrepreneur Matt Thomson. Matt Thompson was a businessman who had founded the successful Car Haulaways Transport Group. Frustrated by problems with the Cook Strait ferries, he then proceeded to set up Nationwide Air which utilised two ATL.98 Carvairs on freight work from the late 1970s. Planned operations He also envisaged engaging in passenger transport, but at that time all New Zealand aerial transport was governed by the Air Services Licensing Authority. To gain a license to operate from the Authority you had to prove unmet demand, and any application for such a license would obviously be strenuously opposed by state-owned Air New Zealand. As with all such restrictions, there were loopholes. One such loophole was that members of a club or association could band together and charter an aircraft from an org ...
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City
A city is a human settlement of notable size.Goodall, B. (1987) ''The Penguin Dictionary of Human Geography''. London: Penguin.Kuper, A. and Kuper, J., eds (1996) ''The Social Science Encyclopedia''. 2nd edition. London: Routledge. It can be defined as a permanent and densely settled place with administratively defined boundaries whose members work primarily on non-agricultural tasks. Cities generally have extensive systems for housing, transportation, sanitation, utilities, land use, production of goods, and communication. Their density facilitates interaction between people, government organisations and businesses, sometimes benefiting different parties in the process, such as improving efficiency of goods and service distribution. Historically, city-dwellers have been a small proportion of humanity overall, but following two centuries of unprecedented and rapid urbanization, more than half of the world population now lives in cities, which has had profound consequences for g ...
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Public Ownership
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ...
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List Of Defunct Airlines Of New Zealand
This is a list of defunct airlines of New Zealand. See also * List of airlines of New Zealand * List of airports in New Zealand References {{List of defunct airlines * New Zealand Airlines An airline is a company that provides air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or alliances with other airlines for codeshare agreements, in whic ... Airlines, defunct ...
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Budget Car Rental
Budget Rent a Car is an American car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. Budget is a subsidiary of the Avis Budget Group, with its operations headquartered in Parsippany, New Jersey. History With its original fleet of 10 cars, the company lived up to the 'Budget' name by undercutting the daily and per mile rental rates of the established airport based car rental companies. Mirkin was joined in 1959 by Julius Lederer and together, they built the company internationally. In 1960, the headquarters moved to Chicago, Illinois and the rental fleet expanded with franchised and wholly owned rental outlets. The company was eventually acquired by Transamerica Corporation, and then sold in 1986 in a leveraged buyout by Gibbons, Green and van Amerongen Ltd., along with management (led by CEO Clifton E. Haley) and selected investors. The company made its first public stock offering in 1987. Team Rental Group purchased the public compan ...
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Insolvency
In accounting, insolvency is the state of being unable to pay the debts, by a person or company ( debtor), at maturity; those in a state of insolvency are said to be ''insolvent''. There are two forms: cash-flow insolvency and balance-sheet insolvency. Cash-flow insolvency is when a person or company has enough assets to pay what is owed, but does not have the appropriate form of payment. For example, a person may own a large house and a valuable car, but not have enough liquid assets to pay a debt when it falls due. Cash-flow insolvency can usually be resolved by negotiation. For example, the bill collector may wait until the car is sold and the debtor agrees to pay a penalty. Balance-sheet insolvency is when a person or company does not have enough assets to pay all of their debts. The person or company might enter bankruptcy, but not necessarily. Once a loss is accepted by all parties, negotiation is often able to resolve the situation without bankruptcy. A company t ...
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Air New Zealand
Air New Zealand Limited () is the flag carrier airline of New Zealand. Based in Auckland, the airline operates scheduled passenger flights to 20 domestic and 30 international destinations in 18 countries, primarily around and within the Pacific Rim. The airline has been a member of the Star Alliance since 1999. Air New Zealand succeeded Tasman Empire Airways Limited on 1 April 1965. The airline served only international routes until 1978, when the government merged it and the domestic New Zealand National Airways Corporation (NAC) into a single airline under the Air New Zealand name. Air New Zealand was privatised in 1989, but returned to majority government ownership in 2001 after near bankruptcy due to a failed tie up with Australian carrier Ansett Australia. In the 2017 financial year to June, Air New Zealand carried 15.95 million passengers. Air New Zealand's route network focuses on Australasia and the South Pacific, with long-haul flight services to eastern Asia and Nor ...
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Aviation Traders Carvair
The Aviation Traders ATL-98 Carvair is a retired large transport aircraft powered by four radial engines. It was a Douglas DC-4-based air ferry conversion developed by Freddie Laker's Aviation Traders (Engineering) Limited (ATL), with a capacity generally of 22 passengers in a rear cabin, and five cars loaded in at the front. Design and development Freddie Laker's idea to convert surplus examples of the Douglas DC-4 and its military counterpart the C-54 Skymaster to carry cars was a relatively inexpensive solution to develop a successor to the rapidly aging and increasingly inadequate Bristol 170 Freighter, the car ferry airlines' mainstay since the late 1940s. The Bristol Freighter's main drawback was its limited payload, in terms of the number of cars that fitted into a single aircraft. Even the "long-nosed" Mark 32 was able to accommodate only three cars (in addition to 20 passengers). This made carrying cars by air a very tricky business. If a booked car failed to turn up, ...
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Cook Strait
Cook Strait ( mi, Te Moana-o-Raukawa) separates the North and South Islands of New Zealand. The strait connects the Tasman Sea on the northwest with the South Pacific Ocean on the southeast. It is wide at its narrowest point,McLintock, A H, Ed. (1966''Cook Strait''from An Encyclopaedia of New Zealand, updated 18-Sep-2007. Note: This is the distance between the North Island and Arapaoa Island; some sources give a slightly larger reading of around , that between the North Island and the South Island. and is considered one of the most dangerous and unpredictable waters in the world. Regular ferry services run across the strait between Picton in the Marlborough Sounds and Wellington. The strait is named after James Cook, the first European commander to sail through it, in 1770. In Māori it is named ''Te Moana-o-Raukawa'', which means ''The Sea of Raukawa''. Raukawa is a type of woody shrub native to New Zealand. History Approximately 18,000 years ago during the Last Gla ...
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Entrepreneur
Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones. An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards.The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, which is often similar to a small business, or as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit." The people who create these businesses are often referred to as entrepreneurs. While de ...
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Skybus Vickers Viscount
Skybus may refer to: Airlines *Skybus Airlines, a former American airline *SkyBus International Airlines, a Kazakh charter airline *Skybus (Aqua Avia), a proposed privately owned airline in New Zealand during the 1970s *Isles of Scilly Skybus, a British airline Other transport *Skybus Metro, a defunct rapid transit proposal in India *SkyBus (airport bus), an airport bus service in Melbourne, Hobart and Gold Coast (Australia) and Auckland (New Zealand) *Sky Bus Transport System, intercity buses in Ethiopia *Transit Expressway Revenue Line, commonly known as "Skybus", a proposed people mover system in Pittsburgh, Pennsylvania See also *Airbus Airbus SE (; ; ; ) is a European Multinational corporation, multinational aerospace corporation. Airbus designs, manufactures and sells civil and military aerospace manufacturer, aerospace products worldwide and manufactures aircraft througho ...
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New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island country by area, covering . New Zealand is about east of Australia across the Tasman Sea and south of the islands of New Caledonia, Fiji, and Tonga. The country's varied topography and sharp mountain peaks, including the Southern Alps, owe much to tectonic uplift and volcanic eruptions. New Zealand's capital city is Wellington, and its most populous city is Auckland. The islands of New Zealand were the last large habitable land to be settled by humans. Between about 1280 and 1350, Polynesians began to settle in the islands and then developed a distinctive Māori culture. In 1642, the Dutch explorer Abel Tasman became the first European to sight and record New Zealand. In 1840, representatives of the United Kingdom and Māori chiefs ...
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