Proof that he is a liar or a fantasist or just stupid. Or some combination thereof.
Keeping all the staff, including the crew sets for the 120 aircraft they had when they closed, whilst flying only 40 (39, 38, 37....) aircraft.
His overheads will be vastly too high.
So which is it? Is he lying to the staff? Living in a fantasy where conventional airline economics don’t apply? Or is he just too stupid to understand this basic stuff?
Or all the above?