Service Air
Just ask them who their financing is coming from...I think they have all the money they need - Elvis has it, Ogopogo is guarding it, the Smurfs are counting it and Peter Pan will be delivering it to them from the land of make believe.
Guys are going to get screwed paying for their own training when this guy falls through...again. That's a shame. Don't be pessimistic, just get all of the facts, and when you get to the bottom of the pile, you'll realize it stinks.
They do not have a 727 with their logo on it, they operated a Beaver on behalf of an American guy for a year - he owned it, not ServiceAir.
It is a great concept, and a sexy plan - unfortunately they don't have the money to do it, or the contracts. Believe me, Jag won't be the one who's 'out of pocket' when this thing tanks.