With oil skirting $130 a barrel and demand for business-class travel slowing, it’s not the best time to launch an airline .
However, Forbes reports that Peter Leiman and Cameron Ogden, two Harvard Business School graduates are launching the new private jet taxi service, Blink, on June 12.
Blink’s current flight plans take you through much of Western Europe and the the tickets are up to 25% more expensive than regular business-class travel for seats on their four-seater Cessna Citation Mustang.
So far Blink has attracted $30 million in investment and has ordered 45 of the four-seater Cessna Citation Mustangs. It also has three senior captains from British Airways.