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I’m curious who is bankrolling this effort. According to the article, he founded “Holiday Swap”, and that gave him the cash to start Global Airlines. I could on
by sargun 3y ago
I’m curious who is bankrolling this effort. According to the article, he founded “Holiday Swap”, and that gave him the cash to start Global Airlines. I could only find one investor.
That being said, based on what I’ve gathered, he might be starting the airlines with wet leased airplanes from HiFly[1]. So, my guess is this starts as a custom livery, and custom services.
That being said, this seems weird on the “sniff test” basis, and seems very personality driven — which we’ve seen be successful before (wework, Tesla, Apple, FTX, Virgin Group). I think if they’re able to pivot from a reality distortion field to a viable business, this will be wonderful!
[1]: https://www.prnewswire.com/news-releases/global-airlines-to-contract-hi-fly-to-accelerate-a380-entry-into-service-programme-301941536.html https://www.prnewswire.com/news-releases/global-airlines-to-...
- jonah 3y agoTFA says he bought mothballed planes outright. HiFly seems to be refurbishing and then servicing them.