schwartz: chris johnson's partner in the emirates' business is peter kollar. a former director of balloon adventures up up and away. in 1995, peter kollar was flying for up up and away when his balloon came down at sea off christchurch. three tourists drowned. "is it a company that has been of concern to the civil aviation authority?" rex kenny: "any company that has a conviction is of concern". schwartz: rex kenny believes there's no longer anywhere to hide for unsafe operators. he oversees adventure aviation for new zealand's civil aviation authority - the caa". all adventure aviation businesses must now be certified by the caa. previously, the authority could act only against pilots and aircraft. rex kenny: "so the new adventure aviation regulations allow us to actually suspend the operating certificate and therefore put the company the on ground if necessary in the worst cases. schwartz: martyn stacey supports the new regulation. his company was among the first to be audited and certified. schwartz: "the new regulations.... will they get rid of any cowboys