The private jet charter broker had predicted profitability in 2020 before its parent entered administration earlier this month
Founder and CEO Clive Jackson says he is hoping to lead a management buyout
(Updated Feb. 21, 2020 at 10:48 EST) Financial statements filed by Alyssum Holdings and Fly Victor Ltd. in early January and obtained by Private Jet Card Comparisons anticipated the company’s tenuous future.
Auditors GrantThornton at the time wrote, “Uncertainty around the repayment or refinancing of this indicates the existence of material uncertainty, which cast significant doubt about the Company’s ability to continue as a going concern.”