Wijet
Join Date: Oct 2011
Location: UK
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Where was that published? The comment doesn't surprise me. The same could be said for the other big brokers. All were sending business elsewhere. Wijet were never good at the Maths. Obsessed with direct clients but didn't understand the market well enough. It is a very niche clientele that only need a VLJ, and fly often enough to fill a schedule. Brokers are the bread and butter. The direct clients are the Jam.
Join Date: Jul 2018
Location: Europe
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Alexandre Azoulay“s invoices
Alexandre Azoulay“s company Cynergy was frequently invoicing OpenJet for his fund raising activities for WiJet. OpenJet was receiving all income from charter booking and supposedly paying WiJet, find a few attached
Join Date: Jul 2018
Location: Europe
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Ponzi Scheme
till recently Mr Alexandre Azoulay continues to build a Ponzi scheme, together with his companion Mr Hochenauer
Currently Mr Azoulay pushes heavily his latest Ponzi Scheme with an ICO called Fluid.Capital
Currently Mr Azoulay pushes heavily his latest Ponzi Scheme with an ICO called Fluid.Capital
Join Date: Jul 2009
Location: Turin
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What is amazing is the Deloitte report focuses so heavily on what they should charge per hour to their customers. They were so blinded to the fixed price per hour!
what they never realised is that with a fixed price per hour, customers will use them when they are the cheapest (normally on short flights) and wont use them on longer flights, where other operators will recognise the cost of flying comes down. All of the cost is in the climb, the descent, and the landing fees. The cruise is the most cost efficient part of the flight.
One broker even told me, he bought a Wijet JetCard with Guaranteed Availability. Then, whenever the market was busy, and he couldnt find a cheap aircraft, hed book the trip on Wijet. He knew they were idiots, and took advantage. They must have lost a fortune on him.
what they never realised is that with a fixed price per hour, customers will use them when they are the cheapest (normally on short flights) and wont use them on longer flights, where other operators will recognise the cost of flying comes down. All of the cost is in the climb, the descent, and the landing fees. The cruise is the most cost efficient part of the flight.
One broker even told me, he bought a Wijet JetCard with Guaranteed Availability. Then, whenever the market was busy, and he couldnt find a cheap aircraft, hed book the trip on Wijet. He knew they were idiots, and took advantage. They must have lost a fortune on him.
Join Date: Jan 2004
Location: Far away from LA
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The interesting part is the "camouflage" of debts from Blink. How on this planet, so called CEO's (would they be founders or not) could not have seen this coming ? Ho, they were so busy filling their own pockets with cash ( both sides of the channel).
These "papers" coming from AviatorInEurope, ( or should we agree on Corentin ?) are flowing out at an interesting time, Revenge Time that is.
All management from Wijet/Blink are responsible because they were irresponsible. Merging a one-eyed and a half-deaf doesn't build a winning racing horse but more a retired donkey. And this is what happened. They were not the only idiots falling in the trap, the Austrian operator is facing the same issues ( although he is using a better camouflage kit); that will surface one day or another.
Bottom line; the Mustang, and other VLJ ( Eclipse, Phenom 100) CANNOT make money as a stand alone, all fleet concept, they just cannot, period. And I wonder what kind of Ponzi/Fiscal/Fraud they are creating to convince investors in this doomed venture.
These "papers" coming from AviatorInEurope, ( or should we agree on Corentin ?) are flowing out at an interesting time, Revenge Time that is.
All management from Wijet/Blink are responsible because they were irresponsible. Merging a one-eyed and a half-deaf doesn't build a winning racing horse but more a retired donkey. And this is what happened. They were not the only idiots falling in the trap, the Austrian operator is facing the same issues ( although he is using a better camouflage kit); that will surface one day or another.
Bottom line; the Mustang, and other VLJ ( Eclipse, Phenom 100) CANNOT make money as a stand alone, all fleet concept, they just cannot, period. And I wonder what kind of Ponzi/Fiscal/Fraud they are creating to convince investors in this doomed venture.
Join Date: Sep 2005
Location: OX18
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Im stunned the other investors let SGH Capital get away with it, from what Im told they invested 1M at the beginning of the takeover and with a clause that it had to be repaid within 90 days, if not SGH takes a 51% share of the company and effectively halved all the others share. As they were running the company they simply ensured repayment was after the 90 days, 51% stake and cost zero! The stakeholders are some very wealthy people so why let them do it, surely not legal? Does anyone have a list of shareholders?
Join Date: Feb 2012
Location: london
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F. ANNY
I've read some stupid posts on this site over the years but I award you the prize for narrow mindedness and stupidity. Congratulations.
Join Date: Mar 2006
Location: Earth
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Bottom line; the Mustang, and other VLJ ( Eclipse, Phenom 100) CANNOT make money as a stand alone, all fleet concept, they just cannot, period.
Join Date: Sep 2005
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Wink Wink, let me know when and where for the prize giving, I look forward to meeting you! Brexit is gonna happen, live with it!
As for WiJet scum, they have no aircraft, about 10 pilots and a piss poor sales team busy with sub charters, best of luck with that 😂
As for WiJet scum, they have no aircraft, about 10 pilots and a piss poor sales team busy with sub charters, best of luck with that 😂
Join Date: Jan 2004
Location: Far away from LA
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The only thing for GlobeAir is the "charism" of the CeO and the marketing of this ****ty op. I believe they will go bust in 12/18 months.
Join Date: Aug 2000
Location: Near Stuttgart, Germany
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I have never heard of Globe Air, but concerning this kind of question, Excel tends to be your friend. The Microsoft variant, not the one from Cessna. Get quotes (or collect internet wisdom) about things like leasing rates, insurances fees, hagarage/parking fees, fuel burn, hourly maintenance cost, engine programs, airway fees, landing/handling fees, catering (wasn't a free bottle of Champagne included in every Wijet flight?) etc. Next make an educated guess about how many pilots your operation requires per aircraft (remember that under European commercial regulations jets must be flown by 2 pilots at any time) to ensure 24/7 operation 365 days per year - or whatever you promise your clients - and think about what each pilot is going to cost you. Don't forget their training and the time spent on training instead of flying. Do the same thing for sales and dispatch and other office staff. Unless you own the office there will be rent to pay as well. Cleaning (also aircraft cleaning!). Don't forget to factor in some money for PR and general promotion (again, I have never heard of Globe Air so obviously they did not spend enough in that field!).
Put all those beautiful figures in your spreadsheet - including everything I have forgotten - allow for some days of downtime for each aircraft every year for whatever reason and the cost of chartering replacement aircraft (I meself have flown several subcharter sectors for Wijet which cost them a multiple of what the passengers paid for those flights!), and watch in amazement what you will have to charge your passengers to be profitable.
Put all those beautiful figures in your spreadsheet - including everything I have forgotten - allow for some days of downtime for each aircraft every year for whatever reason and the cost of chartering replacement aircraft (I meself have flown several subcharter sectors for Wijet which cost them a multiple of what the passengers paid for those flights!), and watch in amazement what you will have to charge your passengers to be profitable.
Join Date: Aug 2000
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I have heard the callsigns but I didn't know the company's name. Also I can't remember ever being parked next to one of their planes or meeting one of their pilots at Flight Safety (as opposed to Wijet and Blink for example).
Join Date: Jan 2004
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They are easily recognized , they are coming in full uniform..
Join Date: Oct 2002
Location: sussex
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If my memory serves me right Blink was started with capital of £30m .
To eat through 3m a year takes some doing but my betting is that with blackbushe market gone the Ogdens will be in the land redevelopment
business before the year is out.
To eat through 3m a year takes some doing but my betting is that with blackbushe market gone the Ogdens will be in the land redevelopment
business before the year is out.
Join Date: Jul 2009
Location: Farnborough
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Problem with Blackbushe in terms of major property development - aviation or non-aviation related, is that it has chunks of common land where every man and his dog (or goats) have a right to roam. The general public have a theoretical legal right to roam on registered Yateley Common unit 'CL24', but this right is in fact severely curtailed over practically all of it. If you look at the official website of access land maps you will find that the east-west runway of Blackbushe Airport, the fenced macadamed part of Blackbushe Sunday Market, and the whole of the common owned by the MOD is theoretically excluded. The only parts of Yateley Common CL24 where the public do have a right to roam under CROW are the whole of the Calthorpe part south of Blackbushe Airport and the whole of the 138 acres north of the runways, and possibly the Sunday Market zone (now no longer in operation) unless it is legally part of the airport runways/demise?
Anyway, bottom line is that there are a number oif planning issues and they would have built loads more hangars and other infrastructure etc. years ago were it not for the hassle involved on the planning front.
Anyway, bottom line is that there are a number oif planning issues and they would have built loads more hangars and other infrastructure etc. years ago were it not for the hassle involved on the planning front.
Request for de-registration of Common Land is currently (as of last week) with Planning Inspectorate - having been administratively held-up for months by Hants County Council.
Plans for development once this is approved are available to view at Blackbushe Vision
Plans for development once this is approved are available to view at Blackbushe Vision
Join Date: Nov 2010
Location: Geneva
Age: 47
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