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.

Deloitte Report
 

Deloitte was generating an interesting document, including forecast till 2019, find attached

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

Invoices from Mr Azoulay
 

more invoices issued by companies of Alexandre Azoulay to the companies around WiJet

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

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.

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.

Interesting. What about Globe Air? It seems they are profitable operating single fleet of VLJ.

It seems, but no. planes on ground, no money for the "paper" maintenance. GlobeAir does not make any target for months. (Although they will get a bit of extra flights this summer due to Wijet collapse), pilots are flying out as fast as they can. Bogus contract, Bogus operation with fake numbers. The CMM is leaving...
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.

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.

Seriously, you never heard Globe Air on the radio? Okay, their callsign is "Dreamteam", they seem to be flying a lot, but whoever works there tries to leave ASAP again.

They are easily recognized , they are coming in full uniform..

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.

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.

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