Some key points from the article:
"The Quasar deal looks like a breakthrough."
"Who is Quasar? That's a little difficult to say. CEO Dean Bradley, who described himself to me as a "deal junkie", says Quasar is intended to be the holding company for a wide range of aviation interests"
"The company already owns a flight school in Florida, Atlantic Aviation, and says it has other subsidiaries working on a four-seat trainer, a very-light jet and a new piston aero-engine - but these ventures are still shrouded in confidentiality."
"Quasar announced in November it had arranged $350 million in funding to finance its ambitious acquition plans. That deal has still to close, but Bradley says the $5 million is in place to fund the Tigerfish program." (my bold)
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