Indoor Skydive Australia Group Limited
(ASX:IDZ) has completed the commissioning of the 12 foot indoor skydiving vertical wind tunnel at iFLY Gold Coast.
iFLY Gold Coast is reportedly the world’s first 12 foot single return facility designed by SkyVenture.
The commissioning was completed in conjunction with the specialist SkyVenture commissioning team in just over 4 weeks and involved four different phases to examine, test and balance the sophisticated vertical wind tunnel componentry.
iFLY Gold Coast is expected to open commercially in late January/early February in line with previous guidance.
Indoor Skydive Australia recorded a net loss of $1.75 million at 30 June 2015.
