I think theres a little confusion there. Reference to Martin Halstead here:
Martin Halstead - Wikipedia, the free encyclopedia
In January 2010 Halstead set up a new aviation venture called Varsity Express, initially disguising his own involvement in the company.[12] As his lead role in the business became public, Martin Halstead stated that Varsity Express had sufficient funds to operate for 6 months without carrying a single passenger.[13] Ten days prior to Varsity's first flight, Halstead also claimed to the media that his nascent airline already employed about 20 people.[11]
The new company started services between Oxford and Edinburgh on 1 March 2010 and suspended operations one week later, after Halstead failed to pay fees due in respect of the small aircraft he had leased to operate the service.[14] Thirteen passengers were left stranded because the second leg of their return tickets was not honoured. [15]
A number of allegations of dishonesty surrounding Varsity Express were reported in The Times newspaper on 14 March 2010[16]. The article reported allegations that Martin Halstead used a fictitious name to pose variously as both the commercial director and the financial backer of the airline: launched the business with a partner who was disqualified from acting as a company director; boasted of fictitious investors; and obtained finance for the business by asking four newly-qualified pilot recruits to pay up to £15,000 each for specialised 'type training', which was never provided. The pilots' money was allegedly paid into Halstead's personal bank account.
From his behaviour, you could be forgiven thinking he's related to jon curd, but I dont think the article is correct in suggesting he worked for Elite on the airbus, unless of course its a different person with the same name.
I may be wrong, but I believe that Elite never managed to get an airbus?