AVIATION.

Stratford Evening Post, Volume XXXI, Issue 50, 26 September 1916, Page 7

AVIATION.

A NEW ZEALAND COMPANY. The Canterbury (New Zealand) Aviation Company has been duly in corporated, and has issued its prospectus. The capital is fixed at £2'>.000, in £1 shares, payable 2s 6d on application and 2s 6d on allotment, balance on call. The minimum subscription before allotment is 7000 shares. The prospectus states that the promoters of tho company have been primarily actuated by the desire to help to win the war, ami to defend this country in the future. They also draw attention to the proposal that a reasonable return on the capital invested may be secured. The extraordinary development of aeroplaning in the last few years warrants fclio belief that not only will it be a leading arm in national defence, as in fact it now is, but the dominant arm, and that commercially its future is as assured as that of automobilism or wireless telegraphy. The stability of the flying machine is now established, and the world's best brains are, under the present igreajt stj\ess, .l}.eing devoted to aero•hautJos. Already the risk in flight is negligible, and before long aeroplaning will be as immune from danger as railway travelling or any other method of, locomotion. The purposes of the company are to establish a school of aviation in Canterbury or elsewhere in New Zealand; to provide a tuition fleet, flying grounds, appliances and equipment, including plant and machinery for repairing, and possibly later on building aeroplanes, to train aviators for service with the Royal Flying Corps of Great Britain, anil after the war for the defence of this Dominion, and for every other purpose to which aviation is properly applicable. Some misconception has arisen in the public mind because it is known that more men are applying for admission to the aviation schools of Great Britain than can be accommodated, and that at the present time each of these, schools has many names in the "waiting list." The fact is that the existing training schools are quite unable to eope with the enormous demand for skilled pilots.