As the virtual carrier does not yet have its own Air Operators Certificate (AOC), it is chartering a 27-year-old ATR 42-300, OY-CHT (cn 80), from Dutch ACMI specialists, Denim Air ACMI
With that in mind your guess is as good as anybody. Arguably, most airlines are started by dreamers. No matter how solid the financing and how experienced the management, some succeed and many don't.