UK-based startup Odyssey Airlines has decided to use crowdfunding—a collection of finances from backers—to raise £5 million ($8.4 million) of equity capital as it pursues plans for a mid-2016 launch. The London City-based startup has ordered 10 Bombardier CS100s, with five options, to operate an all-business class service, initially from London City Airport to New York, although it declined to specify which New York-area airport it plans to use. It plans to expand ...

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