The video begins with the host discussing the definition of "flexing" and how it's often used by YouTubers to show off their wealth. He then talks about his desire to own a private jet and become the first YouTuber to own their own airline. To achieve this, he had to find a way around the usual process of obtaining an Air Operator's Certificate (AOC), which takes years and involves rigorous checks and tests. He discovered a loophole: changing a company's name doesn't affect its AOC. So, he aimed to find an airline willing to change its name temporarily, allowing him to acquire its AOC and become the owner of an airline.
After some research and negotiations, he found an air charter company, Velare, that agreed to his plan. He then hired an aviation lawyer and spent hundreds of pounds to ensure his plan was legally sound. He then flew to Velare to sign a contract that would allow him to lease and own an airplane for a short period. He named his new airline "Fosh Airways".
Two weeks later, he successfully made the first flight of Fosh Airways. The airline business cost him £7,500, and he used a sponsor, Pouch, a free desktop extension that finds and applies discount codes when shopping online, to help with the initial cash injection. He then gave a tour of the airline, showing off the luxurious seats and in-flight entertainment, including a game of Pokémon Go on a private jet. He concluded by encouraging viewers to download Pouch for future shopping deals.
1. The speaker is discussing an "aoc aircraft purchase agreement" and how to turn on an aircraft.
2. The speaker is part of a company called "fosh airways" and has been in operation since 1995.
3. The video has been sponsored by "legends over at pouch".
4. The speaker discusses the definition of "flexing", its usage among YouTubers, and his past attempts at flexing his wealth.
5. The speaker's ultimate goal is to purchase not only his own plane but also an entire airline.
6. To achieve this, the speaker found a loophole: the change of a company name does not affect the Air Operating Certificate (AOC), allowing him to take over the AOC of an airline willing to change their name temporarily.
7. The speaker was unable to get an AOC himself due to the lengthy process and requirements.
8. After sending hundreds of emails to private companies, the speaker found a company called "Velare" willing to help him with his plan.
9. After spending many hundreds of pounds, the speaker got a contract that made his plan technically legal.
10. The speaker then went to Velare to get the contract signed, which was needed to technically lease and own an airplane for a short period of time.
11. The total cost of starting the airline business was seven and a half grand, and the speaker needed a cash injection for the first few months.
12. The speaker thanked "Pouch" for sponsoring the video, as it helped him save money on in-flight entertainment.
13. The speaker discussed his first and only flight as the owner of Fosh Airways.
14. The speaker invited Instagram followers to be the first passengers on his airline, with a maximum of four passengers.
15. The flight was from Oxford to Oxford, taking off and landing at the same place, and lasted for about 30 minutes.
16. The aircraft was a Challenger 605, seating 11 people.
17. The flight included champagne, pizza, fresh burrata, and in-flight entertainment.