You're not wrong but I don't think that anyone would imagine this operation would really take-off before 2022 in any case. In my opinion this may well be the start of a few start-ups because from a business perspective the current opportunity in the Airline industry is phenomenal. As mentioned previously everything is super cheap for the next 5 years- Crew, Aircraft, Fuel, Airport space etc. On top of that all current competition is irrevocably harmed. BA, Easyjet, Ryanair etc are adding debt piles to stay afloat. There will be a lot of slots (previously worth a lot of money) freely available at Heathrow and Gatwick. BA will never return to it's previous size. It will be new debt free players that will be the "new normal" in the post Covid Airline world.