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Old 8th Jul 2018, 07:58
  #67 (permalink)  
CL300
 
Join Date: Jan 2004
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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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