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What Happened to Caledonian-Matheson Airways After Dragons’ Den?

Caledonian-Matheson Airways appeared on Dragons’ Den in 2006, Series 3 Episode 5. The business was a transport & sightseeing via private aeroplane service. No deal was made — the Dragons decided not to invest. The company was dissolved in 2008.

The Pitch

Peter Matheson walked into the Den in 2006 with a transport & sightseeing via private aeroplane service. They were asking for £150,000 in exchange for 15% of the business.

Despite their best efforts, the pitch didn’t convince the Dragons to open their wallets.

The Deal

No deal was made. The Dragons weren’t persuaded to invest, and Peter Matheson left the Den without backing.

What Happened After the Show

Caledonian-Matheson Airways did not survive long-term. The company was dissolved in 2008, only 2 years after the Den appearance.

This is not an unusual outcome. The majority of businesses that appear on Dragons’ Den, deal or no deal, don’t make it in the long run. The show can provide a platform and capital, but it can’t substitute for a sustainable business model.

Is Caledonian-Matheson Airways Still in Business?

No. Caledonian-Matheson Airways is no longer in business. Based on available records, the company is dissolved (2008).

Related Companies

If you’re curious about other businesses from the same episode, you might also want to look at Dr Cap, ID Scan Biometrics, Acai Juice (ah-sigh-ee), Coaching Ball. Each has its own story of what happened after the Den.

Watch the Pitch