The Truth about the Jetlines Delay for OperationsThe truth is, the delay has nothing to do with Jetlines directly like others have stated. The delay was caused soley by ONE aircraft Lessor who's apparently going thru some legal woes and was not able to secure the aircraft Jetlines had placed a deposit to procure to do business closure. The $100,000 deposit provided by Jetlines was most likely held in a lawyers trust fund so it will be returned to Jetlines.
This has nothing to do with lack of Financing or Management indecision...from indications Jetlines was a few weeks away from announcing close of its financing and delivery of its first 2 aircraft, which would have been followed by their final submission to the CTA for their Operations Licience. (which is reliant on both Financing and aircraft procurement).
This is simply a slight hickup. Jetlines is fulll steam ahead meeting and negotiating terms with up to 6 new aircraft lessing companies and once a new LOI is signed and aircraft are procured sooner than later...Jetlines will be back on track...not months but rather weeks. Yes, this will delay the June 1st, 2018 launch, but an August/September launch is not remotely out of the question. Jetlines will you be flying in 2018, call and you will find they reply "With out question we will be in the air and flying before the 2018 ends".
Financing - Complete...final requirement, aircraft procurement before announcing.
Aircraft - In the completion phase looking for a new Lessor or lessors to procure aircraft.
Management - working extremely hard to work thru the unforseen previous lessors business woes that have nothing to do with Jetlines other than delaying the roll out of the airlines time table.
Vortex