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ISA Group’s Malaysian Tunnel Announced

Indoor Skydive Australia Group Limited has just signed a Memorandum of Understanding for the development of it’s first indoor skydiving facility in Malaysia. The facility is at the 1 Utama Shopping Centre, one of the largest shopping centres in the world.

The cost of the project, including internal costs, to ISA Group is estimated to be between $1.5 to $2 million. ISA Group expects to fund this from operating cashflows, supplemented by existing cash reserves and debt if appropriate.

The indoor skydiving facility is being developed as part of the extension of the 1 Utama Shopping Centre which includes access to the Bandar Utama MRT station, linking 1 Utama to the Greater Kuala Lumpur region. Construction of the extension has commenced and is scheduled for opening in December 2017. With over 30 million visitors per year, the 1 Utama shopping centre is an “all in one” complex combining retail, leisure, sporting and entertainment facilities. It is interconnect with several high-rise office towers and a 5-star luxury hotel.

The 1 Utama indoor skydiving facility will be ISA Group’s first facility outside of Australia and is the result of several years of market research and due diligence to understand the local business environment. By working with 1 Utama as a partner, ISA Group is able to mitigate risks, reduce the capital commitment required by ISA Group and leverage off 1 Utama’s local success and experience.

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iFLY Gold Coast Celebrates First Birthday

50,000 Ear Plugs and counting!

Time certainly has flown with the Gold Coasts most unique tourist attraction; iFLY Indoor Skydiving Gold Coast; set to celebrate its first birthday on Saturday 11th February by hosting a Birthday Open Day kicking off from 9am.

iFLY Gold Coast has certainly proven to be incredibly popular with the local community and visiting tourists’, comments Indoor Skydive Australia CMO, Brett Sheridan ‘since opening the doors we have been sold out most weeks; and have started to see regulars come back three, four, five times!.

Since taking off, iFLY Gold Coast has:

  • Had 1 marriage proposal
  • Been through 200 flight suits
  • Used over 50,000 ear plugs
  • Flown over 300 kids under 5 years old, 40 of which are only 3
  • Flown 108 people over the age of 70 with the oldest flyer 91 years old
  • Trained a Junior Flyer to become 4th in Freestyle Flying Internationally
  • Flown 1 surfboard and various blow up pool toys
  • Holds 1 x Guinness World Record Title for Most 360 horizontal spins in a wind tunnel (individual) by 11 year old Amy Watson
  • Won Best New Tourism Business in Queensland (Silver) at QLD Tourism Awards
  • Hosted various international and local celebrities including Mark Ruffalo, Idris Elba, Caine Ec
  • kstein, Sekai No Hate Made LtteQ! (International Game Show), various V8 Supercar drivers, PGA Tour Players, and more!

_MG_3240On February 11th iFLY Gold Coast will host a Birthday Open Day inviting all locals and tourists to a family friendly day of fun!

With music, face-painting, food and of course flying demonstrations; this is a day for everyone to get the chance to see iFLY Gold Coast up close!

‘It’s our first birthday and we want to celebrate!’ continues Sheridan ‘Come on down for fun, laughter and some great indoor skydiving!’

Special guest; local celebrity magician Matt Hollywood will also be performing from 12pm.

‘We want to celebrate with all the family and friends that have helped make iFLY so successful.’

Celebrations kick off at 9.00am (QLD Time) with a demonstration from World 4th Junior Freestyle Indoor Skydiver Sarah Yates every hour.

When: Saturday 11th February, 2017

Time: 9.00am to 6.00pm

Where: 3084 Surfers Paradise Boulevarde, Surfers Paradise QLD

iFLY Indoor Skydiving is suitable for people of all skill levels and any age from 3 to 103!

Packages start from $99pp and are available now through the iFLY Gold Coast website: https://downunder.iflyworld.com/goldcoast

iFLY also offers corporate packages and team building events, parties and school education programs. For further information, please go to: www.ifly.com.au

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iFLY PERTH is now open

iFLY Perth officially opened its doors to the general public on Wednesday 14th December 2016.

Saturday 17th December saw the Family Open Day held at the new facility with hundreds of people turning up to check out the new facility and to enjoy the festivities, plus a VIP opening party held earlier to celebrate this milestone.

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iFLY Perth is the third facility launched in Australia for the ISA Group in the last 3 years with other locations in Sydney and the Gold Coast already a huge success.

ISA Group employs over 80 people nationally across their facilities.

‘People have really taken to indoor skydiving’, continues Sheridan. ‘With the recent Australian Championships in Sydney, we saw a record number of competitors, further demonstrating the huge growth potential of this sport across Australia. We look forward to bringing this amazing sport to WA!’.

iFLY Perth promises to be the most exciting, all-weather entertainment facility available to Perth visitors and locals. Open 7 days a week all year round, catering for first time flyers, to corporate groups, parties and school excursions – now everyone can truly fly!

Earlier this year iFLY Perth held a ‘pre-sale’ event with over 400 hours secured by experienced local skydivers who can’t wait to ‘fly’ without a parachute.

‘We were thrilled with the results of this pre-sale event’, comments Sheridan.  ‘It was a fantastic result that instilled confidence that our Perth facility will be as successful as our Sydney and Gold Coast facilities’.

iFLY Indoor Skydiving is both a thrill ride for first time flyers and a highly competitive sport for all ages; 3 to 103! It has been popular not only among keen skydivers but also with families and those who have always dreamed of flying but are looking for a safer alternative to jumping out of a plane.

‘It is such a unique experience’, says Sheridan. ‘Indoor skydiving is not only a serious sport but also something that can be enjoyed by the whole family, or just by those seeking an adrenaline rush without the fear!’

iFLY Perth has hired some of the world’s top indoor skydiving instructors to work at their Perth location, plus a strong contingent of local Perth talent.

‘We have instructors that are professional, globally recognised sportspeople – two of which came in the top 10 at the World Cup of Indoor Skydiving recently in Prague’, comments Sheridan. ‘We are also employing a large number of local Perth residents who we will train and develop using our intensive Flight Instructor Training Programme (FITP)’.

iFLY Perth is open so BOOK NOW

iFLY Perth is located at 143 Great Eastern Highway, Rivervale PERTH WA

Book your flight at ifly.com.au or call 1300 366 364.

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Veritas Equity Research – December 2016

Read the equity research report from Veritas Securities here

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iFLY Gold Coast a winner at QLD Tourism Awards

November 2016: iFLY Indoor Skydiving Gold Coast is rejoicing their Silver Win for Best New Tourism Business in Queensland at the recent Queensland Tourism Awards; giving them even more reason to celebrate as their first birthday is fast approaching!

The Queensland Tourism Awards, proudly presented by Queensland Airports Limited in partnership with Tourism and Events Queensland, are recognised as the industry’s largest and most prestigious event.

The Awards have been operating for 32 years, acknowledging Queensland’s best tourism operators, who have demonstrated outstanding achievement and contribution to the state’s industry. They celebrate the creativity, professionalism and innovation of the Queensland tourism industry.

‘We are very pleased about the win’, comments iFLY Gold Coast Manager, Frazer Smith. ‘Being able to compete with some of the state’s best businesses and taking home an award is a huge success; especially because we are actually category winners – no one won Gold.’

Not even one year old, iFLY Gold Coast has had a huge first year; and will be turning one early 2017.

‘iFLY here at the Gold Coast has been incredibly popular since opening not only among local residents,and tourists.continues Smith. “It is incredibly safe with our expert instructors assisting all fist time flyers in the wind at all times. We even fly kids as young as 3 through to visiting celebrities”

With the recent filming of THOR on the Gold Coast iFLY was a popular choice by the visiting international stars and their families for some ‘down time’ and fun!

‘We hosted a lot of the crew, talent and their kids here at iFLY Gold Coast’ continues Smith ‘including Mark Ruffalo, Idris Elba and more!’

The Queensland Tourism Awards aim to recognise and promote excellence in tourism. Preceding the Presentation and Gala Dinner is an extensive process of on-site inspections and a full review of business planning, development and internal analysis of tourism.

‘The awards provide an opportunity to publicly recognise all our hard work and showcase the state’s finest tourism operators,’ comments Frazer Smith. ‘Judging from the numbers of visitors each month we know that iFLY Indoor Skydiving is a success. Now it is official!’

iFLY Indoor Skydiving is both a thrill ride for first time flyers and a highly competitive sport for all ages. It has been popular not only among keen skydivers but also with families and those who have always dreamed of flying but are looking for a safer alternative to jumping out of a plane. Now everyone can fly – from as young as 3!

iFLY Perth and is the latest, most exciting, all-weather entertainment facility to open in the WA region in the next few weeks , however you can already get a taste of the experience at iFLY facilities in Sydney and here in the  Gold Coast. Find out more at ifly.com.au.

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iFLY Perth Video updates

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September 2016

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Veritas Equity Research – September 2016

With the positive tailwind from Penrith’s growth and new tunnels, read the full Equity Research report conducted by Veritas here.

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iFLY PERTH – Update

Construction at our iFLY Perth Facility is tracking well, with the Return Air Tower (RAT) walls being constructed and the flight chamber well into assembly. Our programme of work is on track for the end of 2016 opening with all tunnel equipment now onsite ready for assembly and installation. Follow all the latest via our Facebook page:  iFLYDownunderPerth 

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August ISAG update

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iFLY Perth ON-TRACK

iFLY Perth is moving in leaps and bounds as the Piling is completed and Capped. The piles were driven to a maximum depth of almost 14 meters in preparation for the excavation.

Excavation commences this week, which will see the heavy machinery move in to dig down 5 meters to form part of the Plenum (basement) of the facility. This is a major milestone in the construction of iFLY Perth.

FOLLOW US: facebook.com/iFLYDownunderPerth

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iFLY Perth takes shape

iFLY Perth construction teams have been onsite preparing the groundworks. Over the next few weeks the site will be transformed, as we start the build of our 14ft diameter vertical wind tunnel, and bring the thrill of flying to Western Australia.

Digging Holes at iFLY Perth
Digging Holes at iFLY Perth

For more information, follow us: facebook.com/iFLYDownunderPerth