Our finance enabled us to support more tourism businesses like GSL Aviation get back on their feet.
Aus Air Charter (trading as GSL Aviation) is an Airlie Beach-based flight operator. The business offers scenic flights around the Whitsundays, Cairns, and the Great Barrier Reef. It also operates charter flights in Cape York and the Torres Strait.
The impact of COVID-19 meant the scenic flight arm of the business lost their international tourist customer base. “Overnight, we've gone from 80% of our customers being international tourists to 100% domestic tourists,” said Trent Brown, Director of GSL Aviation.
The downturn in overseas customers, and the fact that many travel agents were unable to pay for tours already completed, put pressure on their cashflow.
GSL Aviation previously received support from us to finance the building of a marine vessel for their international tour operations. “The terms Export Finance Australia provided for us to build the boat worked really well for us,” said Trent. “It wouldn't have happened at all without their support.”
Our positive relationship encouraged GSL Aviation to approach us again for support through COVID-19. They needed finance to get their operations running again - focusing on the domestic market.