Title: How do I make my Airline profitable?
Post by: pseudoswede on March 01, 2008, 06:50:43 pm
You are profitable. You just don't have any cash. Plus, at the 1st of the month, all leases and gate fees will be assessed, and you will be further in debt. BUT DON'T WORRY! Since your DOP is above 0, you will make up that debt in a few hours.
Title: How do I make my Airline profitable?
Post by: airplane2011@msn.com on March 01, 2008, 08:17:50 pm
You are definitely profitable! Do you lease aircraft? If so, don't ever take out another one. They aren't worth it. You are also spending alot; probably from trying to grow too fast. Growing takes time, don't rush it.
Title: How do I make my Airline profitable?
Post by: Sheep Air on March 01, 2008, 11:20:10 pm
Quote from: "airplane2011@msn.com"
You are definitely profitable! Do you lease aircraft? If so, don't ever take out another one. They aren't worth it. You are also spending alot; probably from trying to grow too fast. Growing takes time, don't rush it.
I beg to differ. Leasing aircraft can be definitely worth it, in the right circumstances. I have one aircraft i am paying 4 m per month for, and earning 24 m per month...
But you need to be aware of why you are leasing, what you are leasing and how many you are leasing...
Title: How do I make my Airline profitable?
Post by: iranair777 on March 01, 2008, 11:24:07 pm
tell us what it says on your finance page, bottom row (profit/loss)
Im making 550.6million a day
Title: How do I make my Airline profitable?
Post by: Steeler83 on March 01, 2008, 11:42:32 pm
Right now, I am making 1.86 million Euros a day. My growth strategy is to order smaller planes, rake up tons of cash (The average profit of my SHorts 360 fleet is about 200k) I have two bases, one at PIT the other at DCA, and so far I think I am doing alright...