On many flights Blink are MORE expensive than most CJ1's etc... The Mustang isn't as good as a CJ1, therefore why would anyone want to pay more....for less?
I guess the start up capital is running out, and there is no desire from investors to keep pouring water into the blink spounge.
They have successfully got some people to charter, that otherwise wouldn't have done so, but when the client see's the CJ's they're parked next to in Cannes or Geneva and finds out its the same or maybe less cost.........
You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time.
Abraham Lincoln,
(attributed)
16th president of US (1809 - 1865).