AERO CLUB
LOSS ON THE YEAR’S WORKING (Per Pt-zhs Association - Copyright.) WELLINGTON, September 11. ' "Excluding the two tragic crashes which occurred during the year, the club’s operations have resulted in a loss of £97 10s ,after writing off £583 for depreciation of plant and equipment,” slates the annual report of the Wellington Aero Club. "Adding the direct cost of the crashes the total loss for the,year is £947 10s.” The report adds: "Tho'c figures indicate clearly the impossibility of aero dubs carrying on without adequate Government assistance assistance which clubs had every right to expect in view of the promises made by the Government when the clubs were in process of formation.”
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19330913.2.85
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 13 September 1933, Page 7
Word count
Tapeke kupu
112AERO CLUB Hokitika Guardian, 13 September 1933, Page 7
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in