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Old 1st Dec 2017, 08:50
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We do love the grapevine
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Old 1st Dec 2017, 10:24
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Lot's of interest out there apparently. No shortage of people willing to make an ultra high risk investment with no prospect of gain.

But then at least you have the opportunity of all those lovely free flights (terms & conditions apply).
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Old 1st Dec 2017, 12:18
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Maybe a consolidation of the 3 London destinations into 1 plus dropping 1 or 2 others might allow them to move forward. According the their FB page we'll know later today.
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Old 1st Dec 2017, 12:42
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Good lord.

Has there been a crowdfunded airline before? I know the insolvency courts have been graced by the presence of a crowdfunded train operator... but an airlin... I mean tour operator?
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Old 1st Dec 2017, 12:42
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Is this some joke, why would anyone pledge their hard earned money to an airline set up that has no equity stake on offer or any guarantees of seeing your money again. Pledges are fine to a charity or someone/somebody in need but I can jump on an Easyjet flight out of SOU - GVA this winter and at considerably less cost!
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Old 1st Dec 2017, 12:56
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I just looked at the surveymonkey. Is that legal under... I presume it's Irish law that applies?

There's definitely ways of doing that that would be legal under English Laws, just... some of the language used would be seen as very clumsy at best?

Are they allowed to call it an investment? (Genuine question; I'm not suggesting they aren't, I'm just curious.)

It doesn't seem like what they are offering in in the nature of an investment, and using the word "investment" when you are offering something often comes with the motherload of regulatory burden (though in fairness, so normally does running an airline...).

Last edited by 01475; 1st Dec 2017 at 13:10.
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Old 1st Dec 2017, 17:00
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Not launching this winter

From their Facebook page: they found a new major investor but as due diligence takes 30 days they are not going to be launching this winter but 'during 2018' with their 'own aircraft'.

(That and about a zillion lines of marketing fluff)
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Old 1st Dec 2017, 17:03
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Awwww what a shame.
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Old 1st Dec 2017, 17:54
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So what does actually mean, so is the whole Powdair operation done in now or is there really any chance of them getting off the ground in 2018?

Along with many others on here I have had doubts about this whole operation from day one.
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Old 4th Dec 2017, 10:23
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https://www.ttgmedia.com/news/powdai...r-season-12529
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Old 4th Dec 2017, 10:38
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Best if they just go away quietly now.
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Old 4th Dec 2017, 11:04
  #252 (permalink)  
 
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Somehow don't think that will be happening - there is a clamber for this to happen and a fair few from here in the Valais that are now actively involved to turn this around.... watch and wait is all I'd say....
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Old 4th Dec 2017, 11:10
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Personally i don't think people have given them enough credit, they took a big leap into the unknown. their near-fatal error was not being fully backed by people already in aviation in the first place, like they are now (supposedly). They ideally should have sorted the main details before they went on sale.

I think they're really on to something, and there seems to be significant demand for them (at least if you believe their press) and wish them the best for 2018
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Old 4th Dec 2017, 12:07
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Originally Posted by Jetscream 32
Somehow don't think that will be happening - there is a clamber for this to happen and a fair few from here in the Valais that are now actively involved to turn this around.... watch and wait is all I'd say....
Perhaps they won't go quietly. Perhaps they really are committed to this project, and will only give up if they're dragged away kicking and Jetscreaming...
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Old 4th Dec 2017, 12:18
  #255 (permalink)  
 
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Perhaps your right DC3... although terrible pun on my ditty! But there is hangar talk here of some well known names locally that appear to want to to stick their name in the hat and turn it around... If its terminal then I'm sure we'll hear soon enough but thats far from the case it seems currently!
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Old 4th Dec 2017, 15:35
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Playing devils advocate. If there’s still an appetite to “make it happen” these people in the hangar should consider forgetting Powdair and their history and starting afresh. Lets be honest, Powdair is a shell company, the brand has no value or credibility and neither do the people behind it... if they bring nothing to the table, why have them at the table?
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Old 4th Dec 2017, 15:40
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How do you know they bring nothing to the table? You can only base your assumptions on what the media writes unless you are closer? Baaaaaaaaa
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Old 4th Dec 2017, 16:00
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Well, they have no aircraft, no bookings, no money and a trashed reputation. Their management are hardly industry trailblazers are they?

so they bring 2,000 Facebook followers and a website. Not worth it, start again.
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Old 4th Dec 2017, 16:22
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I wish there was a 'like' facility on Pprune because I would have definitely added a 'like' to your post as your spot on.
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Old 4th Dec 2017, 18:48
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flight_mode

I think you'll find that they had 5,000 bookings.
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