Collective NOW thread.
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Why is it that nobody has answered the earlier question and that is, how come other European start ups can get finance, launch and get going when NOW can't ?
FEBA He know's it's Sunday, the calender says so This time next week we will all be saying the same old thing that has now covered 11 pages of this thread. Will they or won't they
FEBA He know's it's Sunday, the calender says so This time next week we will all be saying the same old thing that has now covered 11 pages of this thread. Will they or won't they
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Wobblypop,
Thanks....a goods night sleep would help as well
Guys, 10 days ago I posted this,
So it looks like all we will get here for the forseeable future is "My friend told me" or " a bloke down the pub said"....
Whatever happens , it won't be soon. As Flightrider has pointed out, all the slots that were requested have lapsed and so have been withdrawn. So they must start from scratch to see what SUmmer slots they can have, allowing for the fact that the slot conference for Summer 04 was held months ago.
There's still some Bolly left.....
Thanks....a goods night sleep would help as well
Guys, 10 days ago I posted this,
Speculation? Well speculation (and expectation) happens when a number of people come onto this board and on a Thread about NOW, state that an announcement will be made "in the next few days".
Whatever happens , it won't be soon. As Flightrider has pointed out, all the slots that were requested have lapsed and so have been withdrawn. So they must start from scratch to see what SUmmer slots they can have, allowing for the fact that the slot conference for Summer 04 was held months ago.
There's still some Bolly left.....
Next problem is going to be aircraft procurement. 737s are shifting very quickly - the three ex-easyJet/Go aircraft that were originally heading to Now have been placed with Air Asia/Malaysia. Between Air Asia in Malaysia and Thailand, the Chinese carriers, FlyMe in Sweden (four 737-300s), bmibaby taking two to replace 737-500s and others expanding their fleets, availability of 737s is rather less widespread than it was three months ago.
Still, we wait for news......
Still, we wait for news......
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JMCM
You may right and as time drags on it's increasingly likely that you are, but then anyone could have worked that out for themselves. What bothers me is that none of your negative posts are backed with a single shred of evidence. So if you are unable to support your claims with fact, why do you say them?
You still haven't answered my question regarding your inverse interest in the start up activities of Now. If you want to gain creditability with your readers then a bit of glasnost wouldn't do your case any harm.
Tip to reduce baby crying sleepless nights, get Mrs JMCM to drink guinness, if you are feeding naturally. This tip from an Irish midwife who had seven of the little sods. It works, I can vouch for it.
Cheers
FEBA
You may right and as time drags on it's increasingly likely that you are, but then anyone could have worked that out for themselves. What bothers me is that none of your negative posts are backed with a single shred of evidence. So if you are unable to support your claims with fact, why do you say them?
You still haven't answered my question regarding your inverse interest in the start up activities of Now. If you want to gain creditability with your readers then a bit of glasnost wouldn't do your case any harm.
Tip to reduce baby crying sleepless nights, get Mrs JMCM to drink guinness, if you are feeding naturally. This tip from an Irish midwife who had seven of the little sods. It works, I can vouch for it.
Cheers
FEBA
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FEBA,
The only "facts" I have ever posted here, centre around announcements from NOW. Namely the date and time of their start dates, which they fail to live up to.
The rest of my posts are "opinions", which, as I have said many many times before, feel free to disagree with my opinions.
I don't want or need "credibility" from my "readers". Most of the time my "opinions" are proven accurate by NOW's inability to get going. Strangely enough, it is the opinions of others that are suffering credibility problems, particularly those who keep telling us about iminent announcements and finance ( without the benefit of an "facts")
The only "facts" I have ever posted here, centre around announcements from NOW. Namely the date and time of their start dates, which they fail to live up to.
The rest of my posts are "opinions", which, as I have said many many times before, feel free to disagree with my opinions.
I don't want or need "credibility" from my "readers". Most of the time my "opinions" are proven accurate by NOW's inability to get going. Strangely enough, it is the opinions of others that are suffering credibility problems, particularly those who keep telling us about iminent announcements and finance ( without the benefit of an "facts")
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Flight Rider, if you had looked at my posting of the 3rd of Feb you would have read:
The lastest count was 168 rather than less aircraft available...
BW just regarding your quote:
quote:
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The 737-300's flown by Buzz for RYR will very soon be on the market, so are others. It could be that NOW have secured their aircraft
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Just to let you know that at the moment I can supply you or NOW with 164 737's for sale or lease including 38 737-300's, 18-737-400's about 4 -700's and lot of -200's So not having been able to secure aircraft in today's market would be more than stupid!
quote:
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The 737-300's flown by Buzz for RYR will very soon be on the market, so are others. It could be that NOW have secured their aircraft
--------------------------------------------------------------------------------
Just to let you know that at the moment I can supply you or NOW with 164 737's for sale or lease including 38 737-300's, 18-737-400's about 4 -700's and lot of -200's So not having been able to secure aircraft in today's market would be more than stupid!
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TT2
Doubtless you have 168 assorted B737's in your garage, but are you able to provide them at the right price.
I suggest you do as Teach says and give the Now team a call.
Doubtless you have 168 assorted B737's in your garage, but are you able to provide them at the right price.
I suggest you do as Teach says and give the Now team a call.
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Teachin,
This has been my MAIN gripe with NOW. Whatever the disagreements over business concept, bases, aircraft etc, it was immoral for people to be offered contracts, on the strength of which they resigned jobs, when there was no financial backing in place to back them up.
Back at the very beginning of ALL the NOW threads, I poiinted out that I had been party to just such a start-up in the past, which left me and a number of good friends high and dry. Luckily, I was able to recovere the position.
Someone, somewhere should put their hands up and apologise for ruining people's lives like this, and EVERYONE should be wary of offers of employment from start-ups that are not fully funded at the time of offer.
Sad situation. I hope your girlfriend gets a job soon.
This has been my MAIN gripe with NOW. Whatever the disagreements over business concept, bases, aircraft etc, it was immoral for people to be offered contracts, on the strength of which they resigned jobs, when there was no financial backing in place to back them up.
Back at the very beginning of ALL the NOW threads, I poiinted out that I had been party to just such a start-up in the past, which left me and a number of good friends high and dry. Luckily, I was able to recovere the position.
Someone, somewhere should put their hands up and apologise for ruining people's lives like this, and EVERYONE should be wary of offers of employment from start-ups that are not fully funded at the time of offer.
Sad situation. I hope your girlfriend gets a job soon.
If you had ever been involved with raising funds, you would know how hit-and-miss the whole exercise can be. Funders often don't fully commit until the last minute, and will often offer both words and even letters of comfort.
An offer of funding can be withdrawn at any time without notice, and for any reason. Often the reason has nothing to do with the subject business (other investments not performing/better opportunities elsewhere/investor sentiment/international politics, etc).
Entrepreneurs are forced to continue with their plans in the expectation that promised funds will materialise until the cheque doesn't arrive as expected.
Now have actually done well to be continuing to seek a backer despite an evident setback. Sooner or later though, the cheque has to arrive,
An offer of funding can be withdrawn at any time without notice, and for any reason. Often the reason has nothing to do with the subject business (other investments not performing/better opportunities elsewhere/investor sentiment/international politics, etc).
Entrepreneurs are forced to continue with their plans in the expectation that promised funds will materialise until the cheque doesn't arrive as expected.
Now have actually done well to be continuing to seek a backer despite an evident setback. Sooner or later though, the cheque has to arrive,
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Sooner or later though, the cheque has to arrive,
Still no news and the "crucial week" is ticking by and with Thomson/TUI setting up in CVT (on the door step so to speak) I wonder if the management at NOW are having 2nd thoughts
I see FLYMATE has gone quiet
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LGS6753,
You are right , in many respects. Entrepreneurs can have a wild ride balancing the progression of a business plan, against offered by not committed funds. However, ETHICAL Entrepreneurs will ensure they are careful not to risk anyone elses livlihood in their own drive towards successful completion.
What NOW should have done is sent everyone they wanted to come and work for them a letter explaining exactly where the process was and the risks involved when they were sending out contracts. Then, individuals could make their own mind up about how much risk they wanted to take for the potential reward of being an integral part of a start-up operation. I would think there might even be a case for misrepresentation here, if any ex employee wanted to pursue it. It is against the law to trade while insolvent, and the issuing of contracts of employment is considered trading.
FLYMATE
I am sorry for what happened to you. Any company would be proud to have such enthusiastic supporter as part of it's team.
Please, though, don't believe that anything that takes place on this board would be considered by Investors as grounds to support ( or otherwise) a new airline project. The due diligence process for capital investment is extensive and exhaustive, involving industry experts, banks, market analysts and even business psychologists.
The opinions, rantings or posturing of anonymous contributors on a web based forum don't carry much clout in the real world.
Hope you get sorted with a job soon.
You are right , in many respects. Entrepreneurs can have a wild ride balancing the progression of a business plan, against offered by not committed funds. However, ETHICAL Entrepreneurs will ensure they are careful not to risk anyone elses livlihood in their own drive towards successful completion.
What NOW should have done is sent everyone they wanted to come and work for them a letter explaining exactly where the process was and the risks involved when they were sending out contracts. Then, individuals could make their own mind up about how much risk they wanted to take for the potential reward of being an integral part of a start-up operation. I would think there might even be a case for misrepresentation here, if any ex employee wanted to pursue it. It is against the law to trade while insolvent, and the issuing of contracts of employment is considered trading.
FLYMATE
I am sorry for what happened to you. Any company would be proud to have such enthusiastic supporter as part of it's team.
Please, though, don't believe that anything that takes place on this board would be considered by Investors as grounds to support ( or otherwise) a new airline project. The due diligence process for capital investment is extensive and exhaustive, involving industry experts, banks, market analysts and even business psychologists.
The opinions, rantings or posturing of anonymous contributors on a web based forum don't carry much clout in the real world.
Hope you get sorted with a job soon.