Re the financing hurdle.....Let me share my thoughts on this very important part of the process.
Although I am not from the aviation industry, my thoughts are the real obstacle is here and now before the certification. With BLTA 29 yrs of trying to make it work, this holds back most money guys from offering financing, they want security they want actions. BUT if the path is crystal clear some may jump in only imo if the end result is certification. Anyways, the real challenge is now before certification, after certification if it happens it will be all over the news as it is now that a 29 yr old airline never flys, but then it is flying would be the headline and imo money guys will most likely be knocking on Tonys door instead of him knocking on theirs. So the challenge is great, the reward is great if they can get past the pre certification stage.
Re Songbird - I personally think something negative happened during the Sept 1 to Nov 1 period for the financing not to be completed, imo it must have been in place prior to the non refundable $1 mill deposit given. It made no sense to me thinking on the surface that Songbird did not extend the expiry condition.
GLTA
