I have to commend him for this brave business decision, but IMO he could have just as well burned the money.
Starting another LCC in a market which is starting to become overcrowded with
- huge competitors (FR, U2
) expanding their fleets with 100s of aircraft during the next few years,
- against other airlines with financial powerful backing (4U, X3
- or an already large presence in VIE
Doesn't sound all too smart for me.
Anyway, don't get me wrong, I wish him the best luck. Another airline in the sky means more jobs and more variety for customers and spotters alike. I am just very skeptical of the long term success of this project.
Homer: Facts are meaningless. You could use facts to prove anything that's even remotely true!