Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


New Chairman of Pacific Aerospace Corporation

10 November 2005

Exporting and investment leader appointed Chairman of Pacific Aerospace Corporation

One of New Zealand’s leading entrepreneurs and exporters has been appointed chairman of the country’s largest aircraft manufacturer, Pacific Aerospace Corporation (PAC).

Neville Jordan, who also chairs Endeavour Capital, is assisting in day-to-day operations of the Hamilton-based aircraft maker and also managing European sales.

Jordan says PAC is now starting to see the results of major restructuring in mid September aimed at reducing costs and improving sales and production.

The world’s newest topdresser, an agricultural version of PAC’s latest robust utility aircraft, the 750 XL, had performed very successfully since its delivery earlier this month. Another had been sold for delivery in February to the same client, the Taumarunui Aerial Co-operative. The 750 XL has been designed for skydiving, commuting and freight roles, and the topdresser will also double as a fire bomber.

Jordan says another 750 XL left New Zealand on Sunday (6 November) and would arrive in South Africa this Friday (11 November) where it would be tested for use in aid work by a non-government organisation hired by the United Nations.

Another aircraft had been fitted out to do geophysical work in North Africa. It would leave on its delivery flight in about 10 days. It would be based at Timbuktu (the famous central Mali trading centre, established in the 11th century) and used for minerals exploration.

Two 750 XLs also took part in a major US air show in Florida at the weekend.

Jordan is a graduate engineer from Canterbury University. He initially worked in civil aviation and IBM, followed by several years in Europe as Vice President for a multinational company. In 1975 he founded MAS Technology Ltd, pioneering in microwave telecommunications, and successfully floated it on the NASDAQ stock exchange in 1997.

As chairman of Endeavour Capital, a company operating with a licence from the government's Venture Investment Fund, he has several investments in New Zealand-based science and technology companies, including co-founding the drug discovery company, Protemix, based at Auckland University.

He is a Distinguished Fellow of the Institute of Professional Engineers NZ and was awarded the United Kingdom IEE Kirby Medal for “outstanding eminence and distinction in advanced technology”. He served six years on the board of the Crown Research Institute, AgResearch, and three years each on the boards of the Foundation of Research Science & Technology as well as the Prime Minister’s Growth and Innovation Advisory Board.

In 1997 he received the Governor General's Supreme award for Exporting and was invested in 1999 as a Companion of the New Zealand Order of Merit. He was inducted into the New Zealand Hi Tech Hall of Fame in 2004.


© Scoop Media

Business Headlines | Sci-Tech Headlines


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news