NZONE Skydive owner Experience Co suspends Queenstown operations, shares fall

Fri, 12 Jan 2018

By Paul McBeth Jan. 12 (BusinessDesk) - Australian adventure tourism operator Experience Co shares fell 9.4 percent after suspending its Queenstown operations after the Wednesday skydiving incident left a US man missing and presumed drowned. The Wollongong-based company has suspended Queenstown operations and today confirmed the incident on Wednesday after a tandem pair landed in Lake Wakatipu at Jack's Point, it said in a statement to the ASX. The shares fell 8 Australian cents to 77 Australian cents after coming off a halt on Wednesday...

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