One last thought. What exactly does an airline, that seems to only exist for the benefit of those partaking in winter sports, do when then snow on the piste melts away?
If they were an airline, it would probably mean wet leasing the fleet to an operation that need the capacity in the European summer.
Problem is that they aren't an airline, they will have no AOC and will essentially be a glorified travel agent. I would think they'll have a dickens of a job maintaining cash flow, especially as the winter ski season is so much shorter than the summer sun season - the former, largely governed by when the uplift to the slopes begins and ends, is at best December to April - 5 months. They could easily wind up with 2-3 months of negligible revenue coming in, and lots of staff wages and overheads to pay.
If it were Dragons Den I think I'd be "out" on this venture.