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Old 10th Feb 2004, 06:13
  #121 (permalink)  
 
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It would appear that despite some previous posts, NOW have in fact NOT got the finance they desire. Meetings are still taking place so nothing is set in concrete.

What NOW then
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Old 10th Feb 2004, 07:28
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We need to ask FEBA, or Dirty Harry , or maybe teachin, because obviously they KNOW whats happening in NOW, and I am just a Luddite (???) who obviously knows nothing.

......except I have, so far, been right.

Must be nearly time to start NOW Thread Mark 5.
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Old 10th Feb 2004, 08:38
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Maybe we do need to ask FEBA etc etc but I had it first hand that finance is still to come. Maybe the insiders are being fobed off by the managers in the hope that money will arrive. And yes, we are approaching page 10 and still no airline to show for it.....
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Old 10th Feb 2004, 18:40
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JMCM
That's a neat little side step, I'm impressed. Sadly I'm no more in the know with Now than your good self, remember I haven't made any knowledgeable claims re their business plan as you have.
My attraction to this thread is pure curiousity as to your paranoia of any new start up venture, Hop as well as Now. I note you haven't made any comments regarding Flyblu's intentions BHX - Florida six times a week, which is strange considering your nom de plume. Come on spill the beans, why are you so interested in Now ??
Regards
FEBA
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Old 10th Feb 2004, 21:26
  #125 (permalink)  
 
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Exclamation Facts straight

jmc-man:

The HOP proposal is a non-starter. Ask anyone who has tried to successfully operate 30-40 seat aircraft around the UK.
You might be right, but Hop plan to use 60-70 seat aircraft... Try to keep up mate...
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Old 10th Feb 2004, 21:52
  #126 (permalink)  
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Latest I hear from a venture capital source is that they are still looking for funding and nothing firm in place. A large number of potential investors will now not touch it as it has dragged on too long, but I suppose they only need one with a few million to say yes.
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Old 11th Feb 2004, 01:11
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Good to see the Rumours still flooding in!, really your source has no idea.
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Old 11th Feb 2004, 01:39
  #128 (permalink)  
 
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Have followed this thread with interest. Am not near enough to offer comment. Thoroughly entertaining though. Have joined the JMC camp. My only thoughts.....

How Now Brown Cow...
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Old 11th Feb 2004, 20:42
  #129 (permalink)  
 
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JMCMAN,

Sorry I do not have any special knowledge, just a couple of friends who are involved. They all speak very highly of the management team and seem to have a great deal of respect for them. So all I can say is that your comments do not seem to reflect the general opinion of the employees, who lets face it must be better positioned to judge.

Not heard much recently, been away flying a lot though.

Wish them all well whatever happens.
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Old 11th Feb 2004, 21:57
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Strange
Nothing heard from JMCM regarding my last post. I wonder why?
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Old 11th Feb 2004, 23:32
  #131 (permalink)  
 
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FEBA

My guess is he is out trying to find the best deal on champers'

Once again mine is Bollinger, a 54 preferbly.

Big things are to come..........
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Old 12th Feb 2004, 04:04
  #132 (permalink)  
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Aah Waggon Rut, that would be why a few venture capitalists who had originally turned it down were recontacted in recent weeks just to make sure their answer was still no? There are very few things that would make anyone run away faster.

Of course, I suppose it could be a lead backer trying to syndicate some of its proposed investment to reduce its own risk.....

Don't dismiss it out of hand.
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Old 12th Feb 2004, 05:32
  #133 (permalink)  
 
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FEBA,

been away at the day job. Still nothing new on NOW then? Oh dear, never mind eh? You have made "knowledgeable" claims about new investors and plans to start.

I have been reasonably positive about Thomsonfly, and I think Flyblu might have a niche. At least they are selling, and an AOC application in place. Easier market to start into at the moment with the dollar where it is and unlikely to go anywhere other than down.

MEEB,

still not sure the economics work.....but I stand corrected.

DIRTY HARRY

I don't expect my comments to reflect those of the REMAINING employees. I certainly think I might reflect the view of the former employees though.

EAGERBEAVER

Sorry to disappoint, but the champagne has been drunk already ( JMC-man junior mark 2), however, should there be any change in NOW's plans, I'll still stand my round as promised.
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Old 12th Feb 2004, 05:49
  #134 (permalink)  
 
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So, how is it that other new start ups in Europe can get funded and launched when they say they will launch and yet NOW can't I for one am rapidly losing interest in this project which is a shame. At one point I was considering joining them but the poor track record thus far has given me food for thought.....

It will soon be one year since NOW announced themselves to the aviation world and they have nothing so far to show for it except a few people in the offices at LTN, a proving flight that happened last year which proved nothing and by the close of 2003, employees out of work. Not terribly good signs by all accounts, I think most people would agree that this project is probably set to be doomed. I'd like to be proved wrong, but...........
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Old 12th Feb 2004, 15:41
  #135 (permalink)  
 
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JMCM
So you're going to buy the first round eh! I respect your integrity however the declaration shows signs of stress. I would suggest that you hurry along to your mortgage broker for finance on the first round.
Chin chin
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Old 15th Feb 2004, 04:08
  #136 (permalink)  
 
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I said months ago that NOW had no chance of getting airborne. Same is still true.
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Old 15th Feb 2004, 04:16
  #137 (permalink)  
 
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JMC MAN,

Congratualtions on the new addition to the family. I'm glad there is some positive news from this thread.

About 2 weeks ago, I was looking forward to reading something on the now website about a launch, still hasn't happened. I''l raise my glass of bolli to your addition instead
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Old 15th Feb 2004, 14:19
  #138 (permalink)  
 
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Heard from a well informed source that this week is 'make or break'. Things apparently have started to come together over the last couple of weeks but if it is enough to allow the airline to move forward towards launch, they will know this week. If not, it really seems Bye Bye for Now.
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Old 15th Feb 2004, 15:58
  #139 (permalink)  
 
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Think maybe it's time to say "bye bye"..... but hey, prove me wrong someone
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Old 15th Feb 2004, 16:51
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V9
Is this an FYI or just a hunch.
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