Their website (nice'ish as it is) does not really mention too much about routes, ATC slots, business plan, nominated CAA (creditable) post holders, to say nothing of funding.
Indeed the fact is that even to lease a B737-
300 is in the region of $150,000 PER MONTH (but forecast to rise as aviation once again finds its feet post 911) and that (presently) to lease a B737-
800, as suggested on their website, the lease rates are about $280,000 PER MONTH (and similarly forecast to rise) - then there's all the DOC's & FOC's etc.... this is really in the realm of
serious Venture Capital for which not much evidence of their prior planning is in evidence.
Uhm, thus far my money is on <a href="http://209.61.219.133" target="_blank">Astraeus</a> to make-it first - and thus it gets worse, in that Mama will even be starting with strong competition in that sector too.
Ah well, good luck to them, coz looks like they're gonna need it !