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Pacific Island Seaplanes Airline in Fiji is for Sale at 3.5 Mil USD plus tax if any

Nadi Fiji Islands Fiji

$3,500,000 Plus GST (if any)

Pacific Island Seaplanes Airline in Fiji is for Sale at 3.5 Mil USD plus tax if any
  • Pacific Island Seaplanes Airline in Fiji is for Sale at 3.5 Mil USD plus tax if any
  • Pacific Island Seaplanes Airline in Fiji is for Sale at 3.5 Mil USD plus tax if any
  • Pacific Island Seaplanes Airline in Fiji is for Sale at 3.5 Mil USD plus tax if any
  • Pacific Island Seaplanes Airline in Fiji is for Sale at 3.5 Mil USD plus tax if any
  • Pacific Island Seaplanes Airline in Fiji is for Sale at 3.5 Mil USD plus tax if any
  • Pacific Island Seaplanes Airline in Fiji is for Sale at 3.5 Mil USD plus tax if any
  • Pacific Island Seaplanes Airline in Fiji is for Sale at 3.5 Mil USD plus tax if any
  • Pacific Island Seaplanes Airline in Fiji is for Sale at 3.5 Mil USD plus tax if any

About the property

PROPERTY INFORMATION Pacific Island Seaplanes in the Fiji Islands is for sale The company is a Charter Airline, Flying 2 Amphibious Seaplanes and 2 Wheel Planes in the Fiji Islands, based at Nadi airport. Note - there are photos on this website that displays the Turbine Otter GLL that used to be with the airline. The company is currently considering leasing or purchasing another similar type aircraft to be part of the fleet. The aircraft are in Excellent condition and the company that owns a hanger & office building also operate a JAR 145 Maintenance facility and check-in counter facilities at Nadi International Airport. Pacific Island Seaplanes is the largest sea plane charter business operating in Fiji and have arguably, the best Charter Licenses to operate there - operating non-scheduled general seaplane & wheel plane charters to and from any airport or body of water in the Fiji Islands. The airline has reported excellent revenues, good profits in conditions of 300 days VFR Weather and there is lots of room for expansion as this airline runs the best of services to Island Resorts and comercial airports in Fiji. Fiji is a safe place to live being based in Nadi town. The company currently operates 4 airplanes. Two of which are sea planes and two are traditional twin engine planes. * Two De Havilland Beavers, one of which has just completed a top to bottom rebuild. This plane is basically brand new. The other is well maintained and used daily. * Two Britten-Norman Islanders, one of which is leased to the business. * Included in the business are several hundred thousand dollars worth of aircraft spares parts * A charter license and office base in Nadi * A maintenance hangar with all tool requirements and components. * Several vehicles in the business fleet. This is a turn key operation with the company's proven track record and the potential to expand is a certainty, as this airline has little competition with Seaplane charter business in Fiji which is of particular importance to the many small island resorts in Fiji. The current owner has run the business well with profits reported to be increasing yearly and has recently decided to retire. He is available for a good handover process when required. The Airline Website : http://www.fijiseaplanes.com Brokers Comments To purchase this business is a great opportunity for a person and company to expand on all aspects of the operation already comfortably set up by the current owner. All licences and operating policies and procedures are well set into place and with the airlines excellent record on scheduling and timing the best of reputations has been gained by the team at Pacific Island Seaplanes. One has to be serious when considering buying a small airline and this airline company is well worth investigating. FEATURES The Fiji Islands Geography Fiji is comprised of a group of volcanic islands in the South Pacific lying about 4,450 km. (2,775 mi.) southwest of Honolulu and 1,770 km. (1,100 mi.) north of New Zealand. Its 322 islands vary dramatically in size. The largest islands are Viti Levu, about the size of the "Big Island" of Hawaii, and where the capital and 70% of the population are located, and Vanua Levu. Just over 100 of the smaller islands are inhabited. The larger islands contain mountains as high as 1,200 meters (4,000 ft.) rising abruptly from the shore. People Most of Fiji's population lives on Viti Levu's coasts, either in Suva or in smaller urban centers. The interior of Viti Levu is sparsely populated due to its rough terrain. Indigenous Fijians are a mixture of Polynesian and Melanesian, resulting from the original migrations to the South Pacific many centuries ago. The Indo-Fijian population grew rapidly from the 60,000 indentured laborers brought from India between 1879 and 1916 to work in the sugarcane fields. Thousands more Indians migrated voluntarily in the 1920s and 1930s and formed the core of Fiji's business class. Native Fijians live throughout the country, while Indo-Fijians reside primarily near the urban centers and in the cane-producing areas of the two main islands. Nearly all of indigenous Fijians are Christian; more than three-quarters are Methodist. Approximately 80% of Indo-Fijians are Hindu, 15% are Muslim, and around 6% are Christian. Indo-Fijians currently constitute 37% of the total population, although they were the largest ethnic group from the 1940s until the late 1980s. Indo-Fijians continue to dominate the professions and commerce, while ethnic Fijians dominate government and the military. Economy Fiji is one of the more developed of the Pacific island economies, although it remains a developing country with a large subsistence agriculture sector. For many years sugar and textile exports drove Fiji's economy. In recent years, growth in Fiji has been largely driven by a strong tourism industry. Tourism expanded rapidly since the early 1980s and is the leading economic activity in the islands. About one-third of Fiji's visitors come from Australia, with large contingents also coming from New Zealand, the United States, the United Kingdom, and Japan. In 2007, more than 62,000, or around 12%, of the tourists were American, a number that had steadily increased since the start of regularly scheduled nonstop air service from Los Angeles. In 2006, Fiji's gross earnings from tourism were about $445.9 million, an amount double the revenue from its two largest goods exports (sugar and garments). Gross earnings from tourism continue to be Fiji's major source of foreign currency. Ross Larsen, the Tourism & Hospitality Business Broker that is acting as the agent for the Business Owner of this Airline company, is happy to discuss this property's details at any time - refer to the contact details on this page. For further information on this commercial business for sale please register at www.tourismproperties.com where you can also view a range of other businesses for sale.

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Ross Larsen photo
Ross Larsen
  • Commercial for Sale
  • Industrial Buildings

Listing Number THL06-0870

Listed 7 Oct 2009   6,093 Views

Agents Details

Ross Larsen photo
Ross Larsen
Tourism Property Brokers Ltd

Licensed: REAA 2008 Tourism Properties.com

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