Ah! Missed that completely! Thank you.
Reading the info memo for Avatar. Am half tempted to ask for the model (but won’t). He buys a plane for $20m, makes $2k a flight so needs 10,000 flights to break even (lets ignore NPV, cargo, food, other revenue and expenses for the moment). So if they do 2 flights a day, that’s 5,000 days to pay off the plane, divided by 365 days, that’s 16yrs to pay off just the aircraft purchase. I might be too conservative here. He’s gonna have to sell a lot of Chef’s Meals and cargo!
Googled some names. Apart from Zapin and Michael, hard to see if other names are legit; not finding much on google.
Mentions AMS LLC as second largest shareholder. I know AMS in the UK who are legit (and I’d be shocked it’s them) but there is no AMS LLC that I can find.
Not gonna bother with reading financials.