How do I make my Airline profitable?

Kit Kat · **on:** March 01, 2008, 06:48:49 pm

View STL St.Louis 2 0 16 20% €400,000 OCP
View MDW Chicago Midway 1 0 9 10% €250,000 OCP
View ORD Chicago O Hare 2 0 19 5% €700,000 OCP
View DFW Dallas/Ft.Worth 1 0 9 10% €350,000 OCP
View MLI Moline - Quad Cities 1 0 9 10% €50,000 OCP

View 22120 St.Louis Moline - Quad Cities BAe-146-100 1 73% €38,222 Edit Close
View 22089 St.Louis Chicago Midway BAe-146-100 1 100% €51,881 Edit Close
View 22096 St.Louis Chicago O Hare BAe-146-100 1 100% €52,765 Edit Close
View 22107 St.Louis Dallas/Ft.Worth BAe-146-100 1 100% €106,664 Edit Close
Summary for St.Louis Average Load: 93% €249,532

DOP: €249,530
Airline Cash: €-590,366
Airline Value: €49,542,557

Average Loadfactor: 93.09%
Date: 22 Apr 1983

pseudoswede · **Reply #1 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.

airplane2011@msn.com · **Reply #2 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.

Sheep Air · **Reply #3 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...

iranair777 · **Reply #4 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

Steeler83 · **Reply #5 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...