New Startup Airline Seeks Funds By Crowd Sourcing
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There are many Rembrandts and Picassos out there who can paint a dream web site for around A$4,406.24.
Kinda like selling crypto currency but with aeroplanes. Isn't IT strange.
Kinda like selling crypto currency but with aeroplanes. Isn't IT strange.
Twenty years ago, Virgin Blue started off with $10 million seed capital and a $15 million loan, which got it two aircraft and a single route. Within a year it was close to going under and probably would have if Ansett hadn’t collapsed.
$2.9 million might get you into piston twin charter work outside of the capital cities and you wouldn’t want to spend it all at once as you’d need a reserve to cover the operating costs until you were up and running.
$2.9 million might get you into piston twin charter work outside of the capital cities and you wouldn’t want to spend it all at once as you’d need a reserve to cover the operating costs until you were up and running.
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Looks like there are two people who have now dropped off the list of People behind the Airline. Also looks like they were the only two with any serious Airline Management experience...
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Genuinely quite staggered there's $4K in there to be honest... It's like paying for someone else's pipe dream.
Wish I'd thought of that winning scheme.
P.S. If it took 27 donors to reach $4,406.24, Brad only needs an additional 17,743 gullible contributors to donate the average donation of $163.19 achieve the target $2.9 million. With 33 days 18 hours to go, they need 22 contributors per hour to get there. Easy!!
short flights long nights
Take note. It’s a private web site ( read the FAQ), it’s not a Gofundme page. So I assume they could just go into the site and put any dollar amount they wanted.
short flights long nights
Casual observer here having stumbled on this thread from pprune front page. I've read some comments here saying "slick website" etc. Am I missing something...sorry, this isn't politically correct but I have no other way of saying this....I watched the video and the guy appears like he just got dropped off by the sunshine bus. He doesn't even come across remotely as someone that you'd invest money in. Granted you shouldn't always judge a book by it's cover, but if all you have to go on is a first impression, this guy would make me run a mile. I couldn't remotely take him seriously with the way he speaks and his attire. Anyone who willingly gives him their money deserves to lose it.
The video is champagne comedy.
I do hope Brad gets the support he so evidently needs.
I do hope Brad gets the support he so evidently needs.
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FFS- a “better culinary experience” and “customer satisfaction at its core”.
Sorry brad, you can’t sell $50 airfares on the east coast and $100 from the west coast and deliver on these promises. Ask a now defunct low cost carrier about customer satisfaction when they had a piss-ant fleet.
Good luck to the few who think it’s a wise idea to invest in this.
Sorry brad, you can’t sell $50 airfares on the east coast and $100 from the west coast and deliver on these promises. Ask a now defunct low cost carrier about customer satisfaction when they had a piss-ant fleet.
Good luck to the few who think it’s a wise idea to invest in this.
Personally I doubt he has any intention of doing anything other than parting fools and their money. He has form.
short flights long nights
Was it Maverick or Goose who said.. you are holding on too tight ‘ ?
Last edited by SOPS; 22nd May 2021 at 20:24.
When l came on here reading about "brad", l thought the the up and coming, crowd sourced, airline was using the Steven 'Brad'bury model of success.
I think l may be correct.
halas
I think l may be correct.
halas
short flights long nights
Went for a walk, poured a drink and having nothing better to do checked on Brad’s progress. At the moment I don’t think he could pay the office rent for a month !!
Never mind the rent, a CASA officer processing a high capacity AOC application gets charged out at $190/hr, which means Brad can pay a single officer for three days work. Starting an airline would involve several such people and they would be on the job for weeks.
From Q & A:
"If I make a contribution to brad will I receive any shares or securities in the company?"
"No You are not entitled to any shares or securities in brad. You are only entitled to your FREE future Golden Ticket rewards".
Could this be interpreted as telling those paying in that they're not investors or lenders, they are just members of the public buying rights to tickets. Joking apart, is that in effect selling tickets, and if so, is it actually legal for a would-be operator with (presumably) no licences?
"If I make a contribution to brad will I receive any shares or securities in the company?"
"No You are not entitled to any shares or securities in brad. You are only entitled to your FREE future Golden Ticket rewards".
Could this be interpreted as telling those paying in that they're not investors or lenders, they are just members of the public buying rights to tickets. Joking apart, is that in effect selling tickets, and if so, is it actually legal for a would-be operator with (presumably) no licences?
Man Bilong Balus long PNG
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a CASA officer processing a high capacity AOC application gets charged out at $190/hr,
short flights long nights
From Q & A:
"If I make a contribution to brad will I receive any shares or securities in the company?"
"No You are not entitled to any shares or securities in brad. You are only entitled to your FREE future Golden Ticket rewards".
Could this be interpreted as telling those paying in that they're not investors or lenders, they are just members of the public buying rights to tickets. Joking apart, is that in effect selling tickets, and if so, is it actually legal for a would-be operator with (presumably) no licences?
"If I make a contribution to brad will I receive any shares or securities in the company?"
"No You are not entitled to any shares or securities in brad. You are only entitled to your FREE future Golden Ticket rewards".
Could this be interpreted as telling those paying in that they're not investors or lenders, they are just members of the public buying rights to tickets. Joking apart, is that in effect selling tickets, and if so, is it actually legal for a would-be operator with (presumably) no licences?
Here’s a link to the CASA fees page.
https://www.casa.gov.au/about-us/rep...dards-and-fees
The charges aren’t too bad for the expertise involved, and seem like a bargain when compared to what the lawyers and accountants would be invoicing.
A new start up airline also needs to employ its own “set up” team for the required post holder positions such as Chief Pilot and Head of Training etc. Preferably people with experience in starting an operation from scratch, and they don’t come cheap either.
With the amount of money he’s raised he might be able to get into a lawn mowing franchise if he took on a lot of finance.
https://www.casa.gov.au/about-us/rep...dards-and-fees
The charges aren’t too bad for the expertise involved, and seem like a bargain when compared to what the lawyers and accountants would be invoicing.
A new start up airline also needs to employ its own “set up” team for the required post holder positions such as Chief Pilot and Head of Training etc. Preferably people with experience in starting an operation from scratch, and they don’t come cheap either.
With the amount of money he’s raised he might be able to get into a lawn mowing franchise if he took on a lot of finance.
