I have been playing this game for a little bit and after a few bankruptcies, I'm managing to get a profit now.
A few questions though -
I have a Fokker 28 3000 and a 4000, running mostly from KPIT-KMDW because I get high LF% and constant revenue from them. I also have around 7.5 million total $ sitting in my account, with the initial loan still hanging around.
First, I have been making around $100,000-200,000 a week in profit now (significantly lower on income tax collections), but it is slowly rising as my company image and route image go up. I have been making small increases in the ticket price such as 1% when the weekly stats say my LF% have increased, so I will slowly be making a bit more money each week. I want to know, when would it be safe to lease another plane (probably medium sized), and if so, what are some good recommendations on profitable aircraft?
Second, when should I worry about paying off the initial loan? I read in another post to hold onto it as long as possible because it has great terms and you will not see another loan with good terms like this. As I'm starting to pull into the clear with profits, what would be the right time to start paying that off to stop the interests and payments?