I wasn't aware that they were using Titan's aircraft. That would assume that they still don't have access to their own aircraft. The use of another airlines aircraft for the sole purposes of a proving flight is defin ately a first. One must assume that they modified all their manuals to reflect the layout of the Titan Aircraft, that the flight crew completed a Titan OPC to cover the legal (read lease company) requirements, and they still will not get an AOC until such time as they have an aircraft t o put on it. The Titan aircraft can't sit on two AOC's.
In this case, the issue of the AOC will still have to wait until they have their own aircraft.
Bizarre goings on indeed.
The ad could be for NOW, but it's not a very reassuring way to get money in this day and age. Having done a number of presentations to Venture Capital companies in my time, if they say NO, it's difficult as hell to find anyone else to say yes.