Following the Australian Government's announcement of the Empire Air Mail Scheme late in 1933, Holymans entered into a partnership with the two main shipping companies servicing Tasmania, Huddart Parker and the Union Steamship Company of New Zealand, to form an equal-share partnership in a new Holyman's Airways Pty Ltd headed by Ivan Holyman. The new company, with a capital of £90,000, was registered in July 1934, and ordered two de Havilland D.H.86 Express airliners. The first of these, VH-URN "Miss Hobart", began operating across Bass Strait on 28 September 1934, but went missing just three weeks later, on 18 October, and was believed to have crashed off Wilsons Promontory. Captain Victor Holyman's was one of the twelve lives lost.