Albatross Plane Project: Hype or Hope?
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The Albatross two point zero, an amphibious plane, was hyped for Australias manufacturing, promising jobs and investment. However, after shifting locations and delays, production hasnt started. The company, Amphibian Aerospace Industries, sold the hangar bought with loan money and is now moving manufacturing to the US. Critics call it snake oil salesman hype, questioning due diligence with taxpayer cash. The Northern Territory still holds its stake, and the company aims for US Federal Aviation Administration certification, with dreams of a Darwin Harbour landing.
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