[1] Both were former employees of The General Aircraft Company Genairco,[2] which had gone out of business earlier that year after producing DH60X and 9 of their own locally designed Genairco Biplane; they started offering aircraft maintenance services in the former Genairco hangar and quickly acquired the Royal Australian Air Force (RAAF) and Charles Kingsford Smith as customers.
[1] In order to expand the business into aircraft manufacture, Tugan Aircraft Ltd. was registered as a public company on 5 December 1933 with backing from members of the Carpenter family (owners of W. R. Carpenter & Co. Airlines in Papua New Guinea, later known as Mandated Airlines).
[1][3] The first aircraft manufactured was actually a Genairco Biplane, this was built using the wreckage of the third Genairco to be produced and was substantially modified, featuring an enclosed cabin and a de Havilland Gipsy III engine.
[4][5][6][7][8] Charles Kingsford Smith approached the company to develop an improved version of the Codock twin-engine aircraft[9] that Lawrence Wackett had designed and built for him while working for the Cockatoo Island Docks & Engineering Company.
[12] In order to expand the product line the company entered negotiations with Miles Aircraft Limited to allow licence-production of the Hawk, but agreement could not be reached and none were built.