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Re: DarthPilot post# 30752

Monday, 01/12/2015 11:32:54 AM

Monday, January 12, 2015 11:32:54 AM

Post# of 105600
Excellent info. Looks like they beat us too it by a couple of months...good for them! It's nice to have a similar model to compare to. By the looks of it, our market cap is about right for where we are (and we have a 747 while they only have a 737). BLTA is close smile

EASTERN AIR LINES GROUP
Location: 4200 NW 36th Street, Miami

Employees: 47

Fleet: one Boeing 737, with 10 737 Next Generation aircraft orderered, purchase rights for 10 737 MAX airplanes and 20 Mitsubishi regional jets ordered

Funds raised: $15 million in initial rounds

Capital goal: Another $50-$100 million before starting scheduled service

Website: easternairlines.aero


This also explains some of the difficulty in FAA scheduling. They've been working on two certifications simultaneously.

Found this interesting too as far as time goes:

While the new Eastern really started to take off in 2014, efforts to get it off the ground date back several years.

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