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


Hamilton aviation designer to launch NZ plane

Media release – July 23, 2008

Hamilton aviation designer seeks to launch NZ plane on to domestic and world market

A Hamilton aviation designer is seeking equity partners to launch his new Omega light aircraft on to the domestic market.

Omega will be one of the first companies to apply new generation manufacturing and research based computer tools. The aircraft was designed by Bill Izard and Peter Bull with some Auckland University input.

`We will make the parts here in Hamilton or Te Awamutu and have the final assembly done in Asia, then have them shipped back to New Zealand,’’ Izard said today.

`` We could produce up to six a month after the prototype has been completed and we could also sell the Omega in kitset form.’’

Izard said the market suited aero clubs, microlight and leisure pilots and as a trainer plane for pilots seeking a commercial licence.

``It has a distinct advantage and edge over other designs. It is easy to make and to produce parts. An easing of aviation manufacturing restrictions provides an opening in aviation industry which wasn’t previously there. ‘’

In just two years, the sport pilot/light-sport aircraft community has grown to be a significant and promising part of the general aviation picture.

Izard, who owns the brand and the design, said the Omega Aircraft company wishes to be part of the growing aviation market.

The Omega will cost $100,000 plus GST, ready to fly compared with other makes up to $300,000.

We are now seeking investors or partners to turn this aircraft into reality and back the Omega company,’’ he said.

The Omega is a low wing aluminium plane with a proven diesel Gemini engine producing 100 horse power. They sit two people side by side. The visibility over the nose is excellent due to the relative upright seat position.


© Scoop Media

Business Headlines | Sci-Tech Headlines


By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>


Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>


Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>


Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>


Split Decision - Appeal Planned: EPA Allows Taranaki Bight Seabed Mine

The Decision-making Committee, appointed by the Board of the Environmental Protection Authority to decide a marine consent application by Trans-Tasman Resources Ltd, has granted consent, subject to conditions, for the company to mine iron sands off the South Taranaki Bight. More>>