While next-generation light-jet air taxis have been slow to make headway here in the U.S., a new company in Europe seems to have found a sweet spot. Blink, based at Farnborough, near London, operates a fleet of just four Citation Mustangs, and so far it's working out. "Things are going very well for us at the moment," Peter Leiman, a Blink co-founder, told the Financial Times recently. "There are certainly challenging market conditions. But we're the right product at the right time." The company has contracted for 26 more Mustangs and plans to take delivery of one per month. "We remain firm on our entire order," Leiman said. He told the New York Times that the company beat its business-plan targets last year and continues to be on track in 2009. "Our gross margin is positive much earlier than we thought," he said. Blink operates in Western Europe and Scandinavia.
This is a companion discussion topic for the original entry at https://www.avweb.com/news/europes-air-taxis-forge-ahead