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Old 8th July 2018 | 07:58
  #67 (permalink)  
CL300
 
Joined: Jan 2004
Posts: 1,032
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From: Far away from LA
The interesting part is the "camouflage" of debts from Blink. How on this planet, so called CEO's (would they be founders or not) could not have seen this coming ? Ho, they were so busy filling their own pockets with cash ( both sides of the channel).
These "papers" coming from AviatorInEurope, ( or should we agree on Corentin ?) are flowing out at an interesting time, Revenge Time that is.
All management from Wijet/Blink are responsible because they were irresponsible. Merging a one-eyed and a half-deaf doesn't build a winning racing horse but more a retired donkey. And this is what happened. They were not the only idiots falling in the trap, the Austrian operator is facing the same issues ( although he is using a better camouflage kit); that will surface one day or another.

Bottom line; the Mustang, and other VLJ ( Eclipse, Phenom 100) CANNOT make money as a stand alone, all fleet concept, they just cannot, period. And I wonder what kind of Ponzi/Fiscal/Fraud they are creating to convince investors in this doomed venture.
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