and there it is..front page of the Financial Times
Private jet disrupter: the debt-fuelled ascent of Thomas Flohr’s VistaJet https://www.ft.com/content/57e19c7c-...b-efc6c361873e
https://www.forbes.com/sites/brianfo...h=5f15cd5e31f0
To summarize the well-written and researched FT article, VistaJet lost $436 million over the last four years, and doubled its debt load last year to $4.4 billion. Their auditors Ernst & Young (EY) question the company’s very ability to continue as a going concern.