Wholesale
Newbrook Consulting Limited

Pasifika Air

Early Stage Capital

Register Interest

WARNING

The law normally requires people who offer financial products to give information to investors before they invest. This information is designed to help investors make an informed decision.

If you are a wholesale investor under the definition of that term in clause 3 of Part 1 Schedule 1 of the Financial Markets Conduct Act 2013, the usual rules do not apply to offers of financial products made to you. As a result, you may not receive a complete and balanced set of information.

You will also have fewer other legal protections for these investments. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself.

Transaction Size
NZD 10,000,000.00
Share Price
Minimum Investment
NZD 250,000.00
Issue Type
Early Stage Capital
Sector
Diversified

The opportunity exists to register interest for an investment into Pasifika Air Limited.

Pasifika Air was founded by Christchurch businessman Mike Pero and has been been working with the Cook Islands Government and tourism board since April to get the airline up and flying and will initially operate three flights a week from both Wellington and Christchurch to Rarotonga on two leased Boeing 737-800s.

The ‘wider vision’ of Pasifika Air goes well beyond the Cook Islands and the airline also aims to have flights from New Zealand to various Pacific Islands as well as to Australia,

Pasifika Air is seeking a further $2.5m to complete a $10m Capital Raise.

Investment Highlights

  • Experienced Team. The Pasifika Air Board will consist of three former “Airline” board members, Senior Management team - highly experienced airline executives (180 years experience)
  • Operation based upon non-competing routes - passenger, freight, charter and other revenue
  • Mike Pero track record of successful start-up companies includes Mike Pero Mortgages, Flight Experience, Mike Pero Real Estate & others. Combined sale values exceeding $55m
  • NZ CAA Airline Operators Certificate partly processed – due for completion June 2021
  • Pilots and crew lists complete and ready to sign contracts for service
  • Aircraft lease options available and aircraft ready for a June start date Boeing 737-800
  • Pasifika Air will provide work for 40-50 Kiwis
  • Pasifika will assist with the recovery of the Cook Island economy

For more information, Register Interest and you will be put in touch with the advisor. An Information Memorandum will be made available upon signing of an NDA.

Pasifika Air - Flyer
March 16, 2021
16/3/2021

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