I remember starting a regional airline back in 1999 with a colleague who is sadly no longer with us and a member here offering to eat his hat if ever it got off the ground.
Do hope he put ketchup on it
I wouldn't right off any venture until you know ALL the facts, hope their desires work out.
Don't follow the heard, plenty of niche and profitable opportunities still exist I am sure.
73 is still in your prime by the way!