^^^ why should that be noted?? My point is that the last airline this guy was involved in resulted in lots of stranded passengers, aircraft being seized for non payment of airways charges and the director being convicted of 4 serious fraud charges, banned from operating a company for 5 years and the judge saying 'the director operated with NO moral regard'!
But hey, if you want to spend money on this venture don't let me stop you.
Just beacause a competitor puts you out of business doesn't stop you from pulling the pin earlier than this mob did resulting in 'misery' for lots of people.