I'll tell you at the end of this "crucial" week. No finance is yet fully in place so make of it what you will.

V9
It's a Sunday. How do you know this?

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 :mad:

FEBA This week coming is allegedly the crucial week, but then it will be the week after and then the week after that and ............:oh:

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 As Flightrider has pointed out, all the slots that were requested have lapsed and so have been withdrawn.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.....

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......

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 :zzz:
FEBA

Stops the wife crying too - I can vouch for that!! Hehe.... :E

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")

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... :p

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.

Has there been any developments today? c'mon who has got the goss?

The word NO springs to mind - again :rolleyes:

At this stage of the game for S04, no airport slots anywhere
=no flights at all.
October it is then.....!!

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.

JMCM
With regard to your last post I entirely concur. It is immoral to offer people jobs in an insolvent business. This is a great pity for all concerned.
FEBA

Dear Teachin:

you gave the answer already. It either is funded or it is not.. start ups are tricky and hence better avoided..

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,

maybe the people at NOW should have ensured the cheque HAD arrived before announcing a launch almost a year ago.

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 :confused:

I see FLYMATE has gone quiet :ok:

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.