They seem to be a rapidly growing and ambitious airline
Smoke and mirrors with a very large dose of excessive ambition.
The facts speak for themselves. Salaries are paid late, bills are not paid, suppliers have had enough and are demanding cash up front.
There is NO MONEY. Bums on seats do not make money. PROFIT makes money and they are not making enough profit to pay the bills.
They will continue to stagger from one day to the next until either they go bust or they find a massive new source of investment.
Are you feeling lucky ?