"Meanwhile, commercial aviation was springing back to life, whether those rugged little bush operators, or the nation's ""Flag Carrier"" -- Trans-Canada Air Lines. Bush operators were looking for new equipment … they hadn't seen a new plane since before the war. Noorduyn thought it had the answer for local carriers in its updated Norseman V. But it wasn't catching on and Noorduyn was having trouble paying the bills. The Norseman V was sold to Canadian Car and Foundry, which had some spare cash. However, nothing much happened. Problem? Come the peace and the US Army had several hundred Norsemans to get rid off. These flooded the market – mainly good, low time planes for cheap -- $5000 up towards $12,000. Meanwhile, a Norseman V was $30,000. In this way, the war surplus market was detrimental to the postwar aircraft industry."
{}