New transatlantic airline start up alert: Global Airlines
May 30, 2023, 5:38 am
#1
Original Poster
Join Date: Jan 2011
Posts: 2,345
New transatlantic airline start up alert: Global Airlines
In short:
- New start up transatlantic airline called Global Airlines, founded by James Asquith - an influencer traveler / world record holder of the title "youngest to visit every country"
- Just bought an A380, aims to buy 4 in total
- Wants to start flying in spring next year
- Airline apparently founded after Asquith did a lot of flying and noticed a lot wrong with commercial aviation... this start up is to "right those wrongs", so to speak
May 30, 2023, 10:00 am
#4
Join Date: Oct 2012
Posts: 123
It's a long, long way from painting a name and logo on a mothballed A380 and running an airline. Do they have an operating certificate or any slots at airports that can handle an A380? My bet is that the "founder" will pocket a lot of investor's money as his salary and the airline will never fly.
May 30, 2023, 10:14 am
#5
FlyerTalk Evangelist
Join Date: Nov 2003
Location: Wesley Chapel, FL
Programs: American Airlines
Posts: 30,013
It's a long, long way from painting a name and logo on a mothballed A380 and running an airline. Do they have an operating certificate or any slots at airports that can handle an A380? My bet is that the "founder" will pocket a lot of investor's money as his salary and the airline will never fly.
May 30, 2023, 10:34 am
#6
Original Poster
Join Date: Jan 2011
Posts: 2,345
It's a long, long way from painting a name and logo on a mothballed A380 and running an airline. Do they have an operating certificate or any slots at airports that can handle an A380? My bet is that the "founder" will pocket a lot of investor's money as his salary and the airline will never fly.
Having said that, it would be interesting to see a new British airline.
May 30, 2023, 4:05 pm
#7
Join Date: Nov 2022
Programs: British Airways Executive Club - Silver, Nectar, Tesco
Posts: 1,001
This is insane
So insane that I offer myself as self loading ballast for test flights - I hope the guy manages it and wish him well. If he has purchased the aircraft outright, will they be entered onto the UK Civil Reg?
So insane that I offer myself as self loading ballast for test flights - I hope the guy manages it and wish him well. If he has purchased the aircraft outright, will they be entered onto the UK Civil Reg?
May 30, 2023, 8:37 pm
#8
Join Date: Jul 2005
Location: PEK
Programs: A3*G, UA Gold EY Silver
Posts: 8,958
Richard Branson-wannabe...
Why would a start-up airline buy an airplane instead of leasing one?
Why would you go for the A380? Sounds like someone didn't run their numbers... unless they're doing Hajj charters. UK <> US on an A380 - great idea in the summer, horrible off-season (one of the reasons why the A380 is the way it is today - you can't cut it in half when the demand halves).
Why would a start-up airline buy an airplane instead of leasing one?
Why would you go for the A380? Sounds like someone didn't run their numbers... unless they're doing Hajj charters. UK <> US on an A380 - great idea in the summer, horrible off-season (one of the reasons why the A380 is the way it is today - you can't cut it in half when the demand halves).
May 31, 2023, 4:48 am
#9
FlyerTalk Evangelist
Join Date: Oct 2004
Location: SAN
Programs: Nothing, nowhere!
Posts: 23,303
If these guys offer the right route, price and service, I'll become a user.
I haven't used Norse yet because it's just as cost effective to fly BA once i bundle in the services I want.
I haven't used Norse yet because it's just as cost effective to fly BA once i bundle in the services I want.
May 31, 2023, 5:02 am
#10
Original Poster
Join Date: Jan 2011
Posts: 2,345
Richard Branson-wannabe...
Why would a start-up airline buy an airplane instead of leasing one?
Why would you go for the A380? Sounds like someone didn't run their numbers... unless they're doing Hajj charters. UK <> US on an A380 - great idea in the summer, horrible off-season (one of the reasons why the A380 is the way it is today - you can't cut it in half when the demand halves).
Why would a start-up airline buy an airplane instead of leasing one?
Why would you go for the A380? Sounds like someone didn't run their numbers... unless they're doing Hajj charters. UK <> US on an A380 - great idea in the summer, horrible off-season (one of the reasons why the A380 is the way it is today - you can't cut it in half when the demand halves).
Why buy instead of lease: "Acquiring our aircraft rather than leasing showcases our commitment to financial security and resilience from day one."
Why A380: "Our aspiration is to be the best way to fly and the A380 – with its unmatched levels of space, comfort and service – will be absolutely central to achieving that vision."
May 31, 2023, 5:04 am
#11
Original Poster
Join Date: Jan 2011
Posts: 2,345
I would be even more skeptical if not for Starlux Airlines - launched during the start of the pandemic and focused on "luxury" travel... there were a lot of doubters here in Asia but ultimately they have been very successful.*
* = major caveat being the founder is a billionaire / commercial pilot / former chairman of EVA Airlines and EVA Group
* = major caveat being the founder is a billionaire / commercial pilot / former chairman of EVA Airlines and EVA Group
May 31, 2023, 5:10 am
#12
Join Date: Jul 2005
Location: PEK
Programs: A3*G, UA Gold EY Silver
Posts: 8,958
It's his (investors') money to lose ...
May 31, 2023, 8:56 am
#14
Join Date: Nov 2022
Programs: British Airways Executive Club - Silver, Nectar, Tesco
Posts: 1,001
May 31, 2023, 11:42 am
#15
Join Date: Oct 2012
Posts: 123
Sounds like doubletalk from someone who has no idea of how to run a business. Tying up a huge chunk of capital that would be needed for the massive start-up costs of a new entrant airline produces a lack of financial security and resilience.