how they can think to do n the latest 300 version
Well, there are plenty of old derelict 737s parked in the desert somewhere. They can be obtained through various leasing companies. So no problem about that, if you come up with some money.
There are also many desperate pilots around who are ready to fly for food.
Apart from that you just need a mobile phone, a few friendly politicians, an offshore-bankaccount, and some cleverness.
This joke here is not an airline, it's a matatu-operation. I would't reccomend anybody to actually ride that thing. But even just the fact that such a project is actually permitted to operate, is just proof of (yet another) example of corruption and mafia-business.
Nobody who is right in their mind would otherwise grant them an AOC.
Companies like that exist throughout all the third-world countries. Usually they start up by operating one or two old junky planes, transporting whatever brings money, being flown by mercenaries/cowboys, and always involved in some shady financial games.
Business goes on for a few years or less, making some local businessman rich.
They finally cease to operate again, once they either crash their flagship, run out of excuses for not paying fuel bills, or simply fail to adequately bribe the local politicians.
