Unusual Airbus A380 startup Global Airlines recently operated its first flights, which were two one-off roundtrip transatlantic journeys. These were ”proving flights,” though the reviews weren’t great, and the flights reportedly had fewer than 100 people each on them, so I’m not sure what exactly was being proven.
Continue reading: Global Airlines Pivots Business Model, Expects Saudi Investment?
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Pivoting business models is an extremely common approach in the early stages of a company. Fundraising is a skill most people do not have. Good on Asquith.
‘Pivoting business models’ is a precursor to going under a little later, as an alternative to going under imminently. In other words, needed to raise some more money now and drag it out a bit longer. End result will be same.
As an interested follower to this ongoing grift, I'm not shocked. I wonder if the Saudi investment is the end game, before everything goes ::poof::.
Don't want to get on the bad side of the Saudis though. You might end up in pieces.
Ben what do you mean by saying "there's lots more Global news coming soon"?
That's very cryptic. Do you know something we don't?
His "fundraising" is akin to what that jailed idiot did for Fyre Fest
There's always a sucker out there. Most of all, the mega-rich like the ME royalty can always afford a zero return investment with a clown (and have zero repercussions)
If it's a Saudi investment group maybe Global will operate pilgrimage flights from South East Asia to Saudi?
If it's a Saudi investment group maybe Global will operate pilgrimage flights from South East Asia to Saudi?
Sorry, didn't mean to post the above comment as a response to hbilbao's comment
Ben wrote a week or two ago about receiving a threatening legal communication from an airline. I'm guessing that airline will turn out to be Global.
Does him self no favours, or his followers. The return flight from Manchester was cringe worthy. His and his mates, slamming champagne and over dosing on caviar with no concept of running a business. Looks scruffy, gives the impression of no idea what he is doing next. Fair play for getting this far, but screams of him cashing in and legging it.
in terms of who is going to prison first, the smart money is on Asquith.
If being an obnoxious and annoying were illegal he’d be serving a life sentence already.
Why don’t the saudis buy the a380s and lease them out themselves? What does global add for its payoff?
This whole situation gets stranger by the week. Hard to see any viable business here, even with Saudi money propping up the idea for a bit longer.
Hi Ben, 9H-MIP has not been parted out yet; it's in storage at LDE (Tarbes, France), and Global Airlines is rumoured to have bought the airframe.