Fulfilling the rightly stringent financial criteria required by the UK CAA to commence scheduled operations continues to hinder our launch plans.
This is despite satisfying all technical (AOC) aspects of long-haul airline operations and maintaining a solvent start up business since our inception in 2019.
In light of this we are pursuing a number of options. This includes the relinquishing of our first aircraft and stepped up dialogue with prospective new investors and lessors. We maintain close and cordial dialogue with the CAA.
We are most grateful to our Board, our dedicated team and our partners for their unwavering patience and support.