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New Startup Airline Seeks Funds By Crowd Sourcing

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New Startup Airline Seeks Funds By Crowd Sourcing

Old 18th May 2021, 13:55
  #41 (permalink)  
 
Join Date: Aug 2007
Location: Aus
Posts: 204
Gene Wilder once made a documentary on how a chocolate factory works. He used golden tickets.
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Old 18th May 2021, 21:32
  #42 (permalink)  
 
Join Date: Jul 2001
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“Shut up and take my money” 😉.
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Old 18th May 2021, 23:35
  #43 (permalink)  
 
Join Date: Feb 2002
Location: NSW
Posts: 68
Don't forget Nova Airlines lurking in the dark Melbourne space too...
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Old 18th May 2021, 23:51
  #44 (permalink)  
 
Join Date: Jul 2010
Location: Asia
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Back in the 1990s, some idiot was trying to set up his own airline. He was 30 years old with zero experience and his correspondence didn’t even have a proper letterhead. The plan was B727s on the BNE/SYD/MEL golden triangle. “CITY EXPRESS” was the name if anyone remembers the advert for crew in Friday’s Australian.

No AOC application had even been made but he anticipated having all approvals in a couple of months. Please send $500 along with your resume to be considered.

He ended up on “A Current Affair” with a CASA spokesman describing how long they took to process a new start up’s paperwork. Consumer Affairs got involved as well.
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Old 19th May 2021, 01:04
  #45 (permalink)  
 
Join Date: May 2013
Location: Mostly here, sometimes over there...
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I think we've raped the public quite enough lately'
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Old 19th May 2021, 01:09
  #46 (permalink)  
 
Join Date: Feb 2011
Location: Oz
Posts: 877
Don’t forget this baby!

https://en.m.wikipedia.org/wiki/RMA_Gold_Airways
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Old 19th May 2021, 03:00
  #47 (permalink)  
 
Join Date: May 2013
Location: Mostly here, sometimes over there...
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So, in a nutshell, investors are forking out to eventually send Brad to jail for the inevitable mismanagement, misrepresentation and misappropriation of their funds.
A fun game for sure.
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Old 19th May 2021, 03:59
  #48 (permalink)  
 
Join Date: Apr 2021
Location: Sydney
Posts: 30
What is it about aviation ?
I’ve been in the game 40 years and it is just gob smacking how the same BS goes round and round at regular intervals.
And a new bunch of bunnies do their retirement funds.
And end up crying on prime time TV.
Spare me.
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Old 19th May 2021, 05:04
  #49 (permalink)  
 
Join Date: Apr 1998
Location: Mesopotamos
Posts: 1,526
It's like the early days of the world-wide-web but with aeroplanes.

Back then when creating global web sites became easy many people would set up a web site with "Send me $1". Although nobody got rich out of it, It did take quite a while for it to grow tired.

Crowd funding is good for speculative tech or hard done by cases, but I I still don't understand how it can be used to get something utterly uninteresting like an aeroplane off the ground, unless you've stranded your passengers and ask them to pay for the fuel to them get home.

Fool <-------------------------------------------->Money
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Old 19th May 2021, 08:17
  #50 (permalink)  
 
Join Date: May 2019
Location: Aust
Posts: 219
There is only one way to make a small fortune in aviation and that is to start with an immense fortune.
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Old 19th May 2021, 10:51
  #51 (permalink)  
 
Join Date: Nov 2013
Location: Equatorial
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Originally Posted by deja vu View Post
There is only one way to make a small fortune in aviation and that is to start with an immense fortune.
Or with other peoples money!

Or actually be a real airline CEO.

Or......................
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Old 19th May 2021, 13:30
  #52 (permalink)  

Evertonian
 
Join Date: May 2000
Location: #3117# Ppruner of the Year Nominee 2005
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Originally Posted by PoppaJo View Post
Pilots cannot run airlines.
Shhhh! Talk like that will kill almost all of the 'quality' posts on PPRuNe!
Buster Hyman is online now  
Old 19th May 2021, 22:26
  #53 (permalink)  

Victim of a bored god

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Location: Utopia
Posts: 6,760
Interesting to see a few have been separated from their money.......
  • A$4,406.24 raised.
  • 27 payments.
  • A$2,900,000 Goal.
The non refundable four grand may just be enough for a good Saturday night bash, but 2.9 mega bucks to start an airline? Nah, ain't gunna work..........


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Old 19th May 2021, 23:35
  #54 (permalink)  
 
Join Date: May 2016
Location: Sunshine Coast
Posts: 358
Originally Posted by tail wheel View Post
Interesting to see a few have been separated from their money.......
  • A$4,406.24 raised.
  • 27 payments.
  • A$2,900,000 Goal.
The non refundable four grand may just be enough for a good Saturday night bash, but 2.9 mega bucks to start an airline? Nah, ain't gunna work..........
​​​​​​... and 24 cents. I'm reminded of the joke about the lass starting out in a new line of work reconciling the takings at home.
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Old 20th May 2021, 00:54
  #55 (permalink)  
 
Join Date: Sep 2002
Location: Great South East, tired and retired
Posts: 3,365
"Who paid 5 cents?"
"All of them..."
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Old 20th May 2021, 01:05
  #56 (permalink)  
 
Join Date: Oct 2002
Location: The Coal Face
Posts: 710
Originally Posted by swh View Post
A male name is bound to offend some parts of Australian society who go out of their way to be overly politically correct.

im amazed that the name Virgin is still used.
Might as well give the name "Dick" a crack. Imagine that - Dick and Virgin on final. After all, Virgin was owned by Dick.
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Old 20th May 2021, 01:17
  #57 (permalink)  
 
Join Date: Oct 2005
Location: Australia
Posts: 920
Originally Posted by Roj approved View Post
Come on Clare, tell us what you know please? Is it good or bad?
I rented him some premises about 10 years ago for his Fast Track Plot Training. I'm aware he is probably reading this and won't say more because I really don't want to have to deal with him again.

People selling the idea that there are short cuts, bargains and guarantees in aviation are nothing new and the dreamers fall for it and part with their cash, up front of course. We all know how that story ends. It's like groudhog day.
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Old 20th May 2021, 01:20
  #58 (permalink)  
 
Join Date: Jun 2011
Location: The World
Posts: 1,306
It seems “Brad” was also behind a mob called “Fast Track Pilot Training” at Jandakot almost 15 years back, offering to go from 0 hours to CPL in only 18 weeks.

Here’s the PPRuNe thread about it, it makes for some “interesting” reading....

Fast track to CPL in Australia

Last edited by dr dre; 20th May 2021 at 01:31.
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Old 20th May 2021, 02:48
  #59 (permalink)  
 
Join Date: Mar 2005
Location: N/A
Posts: 3,881
Amazed to see Debbie Lawrie mentioned as part of "The Team", thought she wouldn't be dumb enough to grace such a proposal as this with her affirmation. They certainly have a slick web site though.
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Old 20th May 2021, 03:15
  #60 (permalink)  
 
Join Date: Mar 2007
Location: The Dark Side
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Originally Posted by megan View Post
Amazed to see Debbie Lawrie mentioned as part of "The Team", thought she wouldn't be dumb enough to grace such a proposal as this with her affirmation. They certainly have a slick web site though.
Ditto Megan,couldn't agree more. Not so sure about the web site though

Cheers Hoss58

Last edited by hoss58; 20th May 2021 at 03:16. Reason: spelling/typing
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