I admit that I am becoming a wee bit obsessed by this story! I just had a nosy at their website and it appears that they have a company on board to refurbish their aircraft starting in January. Interestingly, they plan to refurbish one airframe pretty quickly to get it airborne, before refurbing again at a later date to bring it up to the promised level of luxury. Now I know nothing about running an airline let alone starting one from scratch and my knowledge of economics isn't much better, but I have to agree with
Bohinjska Bistrica who can see Claude from The Apprentice shaking his head in disbelief!