So about Millard Air, what happened?
By August 2012 they had the hangar built and a reporter wrote this:
Millard Air will employ 40 to 90 people and will provide heavy aircraft maintenance, beginning with Boeing 737s and eventually progressing to Airbus A320s and Boeing 757s. The company is awaiting its AMO (approved maintenance organization) certification from Transport Canada, but Millard hopes to be up and running by the beginning of November.
At the moment, the new heavy maintenance facility is isolated on the field; but if Wood has his way, there will be an FBO (fixed-base operator) out there soon. The airport issued an RFP (request for proposal) in May, and hopes to break ground this summer. There is great visibility for an FBO over there, at the end of the runway, with airside and road access, he said. The land is serviced; they could start building tomorrow.
The plan is to select an FBO that will bring in a fleet of corporate aircraft. Woods goal is to strike just the right balance between commercial, corporate and flight training activity at the airport. A former employee of the Waterloo-Wellington Flight Centre (WWFC), he understands that general aviation is critical to CYKF; but, he is also aware that commercial activity pays the bills.
I gather this means Millard Air was just waiting for two things to get running (1) government certification and (2) for the airport to acquire a commercial client that would move in next to them and provide planes to work on (i.e., the commercial client would totally outsource it's maintenance)
And November 30, 2012, a month after WM expected to be operating, he killed himself.
I am trying to find a reference I read, that the certification was still outstanding in Feb 2013 when Millard Air ceased operating
It could be WM overextended the business by building the hangar before securing a workload, and when his certification was delayed and a commercial client couldn't be found, he gave up and killed himself
DM seems to have brought a guy in briefly (the KOZ) to run the place, in March 2013 he posted looking for tenants for the hangar at avcanada and soon after he was no longer associated...his linkedin shows him with Millard Air from 2012-2013, but more specifically, not NOW/currently.
DM was asset rich but the company was circling the toilet, he did nothing but play with his toys at the hangar and the business had no cashflow except out
Time to get desperate