NZONE Skydive: Incident at Lake Wakatipu

Australian skydiving company Experience Co halts trading after crash in New Zealand

Skydiving company NZONE's executive director Anthony Ritter told a news conference this afternoon he was devastated by happened and they were giving police their full assistance.

Speaking to the Herald at his home near Wanaka last night, Ford was humble about his role.

New Zealand Police said the jump involved two men, and one person has been recovered from the water and taken to hospital with minor injuries.

Police earlier said the pair were wearing life jackets.

He said the viability of using sonar equipment to help find the missing man will be looked at today.

The drama unfolded about 1.40pm on Tuesday when a commercial Nzone tandem skydive went tragically wrong over Queenstown.

According to NZONE, he had completed more than 3000 jumps.

The instructor and his passenger hit Lake Wakatipu after getting into difficulty, sparking a frantic search by boats and aircraft.

Whether this proves to be the case this time, only time will tell. Rive said he and his wife quickly sped to the location where a skydive plane was circling near Jack's Point and found the tandem master in the water.

The company would perform its own investigation into what happened, he said, and suspended business during the search.

"I don't know how long we were looking, but the Queenstown Water Taxi came over and we immediately offloaded the fella we had on board", Rive said.

A man who plunged into Lake Wakatipu with his tandem skydiving instructor and has not been found since is a United States citizen, police say.

As we have seen with Ardent Leisure Group (ASX: AAD) and its Dreamworld theme park, events like this can weigh heavily on a company's performance for some time.

He said counselling and support services had been offered to jump zone staff and crew.

He confirmed the instructor had a GoPro video recorder on their wrist, which was now in police possession. He met him yesterday before the man went to a yoga session.

The company was in the middle of preparing a statement, but Mr Melnick said he was not yet "100% clear" about what had occurred.

The company also made news headlines in January previous year after two of its instructors were seriously injured during a tandem training flight.

Police are working with consulate staff to liaise with the missing man's family.

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