Their management must know that it's going to tank. I don't see how they're going to succeed.
I think they've simply arranged a "get rich quick" scheme for themselves: 1) build an airline with no viable business model, 2) arrange golden parachutes, and sell all the assets 12 months later when the whole thing folds, and 3) get rich as a result.
I think they've simply arranged a "get rich quick" scheme for themselves: 1) build an airline with no viable business model, 2) arrange golden parachutes, and sell all the assets 12 months later when the whole thing folds, and 3) get rich as a result.