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Indoor Skydive Australia Group Limited (ASX:IDZ) has scored development approval for its indoor skydiving facility in Perth.
The skydiving and adventure sports-focused company says the green light will facilitate the construction of its third facility.
The facility will be located in Rivervale which is 5 kilometres from Perth’s CBD and on the main route to international and domestic airports.Indoor Skydive Australia plans to start constructing the facility in June this year and its opening has been slated for mid next year.Indoor Skydive Australia Group reported a net loss of $1.99 million in the first half of the 2015 financial year.
