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Old 22nd Aug 2008, 04:40
  #31 (permalink)  
Mach E Avelli
 
Join Date: Jan 2008
Location: All at sea
Posts: 2,198
Received 168 Likes on 106 Posts
You don't get to lease big ticket items like aircraft if you are a financial lightweight. And you don't run something as expensive as an aviation operation at what must be a loss for two years if you are not serious. So far, they seem to have paid all their bills. If they hadn't, I am sure these forums would be buzzing with it by now. The fact that no-one seems to know much about them is encouraging, after all the hype and bull surrounding some other operators who mouth off with grand plans but then don't deliver the goods. Or who lay off staff, fold the operation, dud the creditors etc when it does not make an instant buck.
But, as someone else said, a start-up is no place for pilots who are risk-averse. Neither is leaving an established position with an overseas airline to join a big company at the bottom of the seniority list a good move for those with debts to service. Even the great Qantas has been known to lay off pilots in a downturn.
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