Is my plane making profit or not?

[itts]

I have leased plane, for just 2,5mln a month and i am confused if it is making profit.

When i enter plane details:

Table
Financial overview
Values show the actual profit/loss of the aircraft including all fees and payments.
Cumulative profit last week: 273k $

Table
Financial overview, weekly estimate
The sums are an estimate of next week's incomes based on previous day.
Sold tickets    499 914 USD
Line maintenance (A+B)    -20 168 USD
Insurance    -88 825 USD
Fuel cost    -165 872 USD
Route fees (1)    -116 570 USD
Weekly leasing cost    -604 032 USD
Total    -495 553 USD


So does it make profit or loss?

[Sigma]

Yeah, it says right there that you're losing $495,000 every single week.  That last line tells you how much you're making... or losing in your case.

That's a super-expensive plane you've got there and it seems to be running very, very empty for a plane of that size (gotta assume for that cost it's a very large plane).  You're barely even covering the variable costs with your ticket revenue, not even counting the leasing costs.

[Riger]

Correction:

That last line tells you how much you're estimated to make... or lose in your case

[jneil121]

Hi itts,

Try giving the plane more routes, or lower the ticket prices on the routes it operates. This might attract more people to fly on it, thus increasing your bottom line profit/loss.

Out of curiosity, what plane is it?

[itts]

It is 777-200ER, i am experimenting with 4 legged long haul as my home base does not have any passengers for long hauls.
LF is 50%, i have dropped the price but there is competition as all long hauls are pretty good covered.

Still confused if i am making profit.
This plane does not show on "Aircraft generating the most weekly losses" list.
It is leased which means i have prepaid lease costs for 4 months. Maybe it is making profit now, as i don't pay lease cost?

[DenisG]

The a/c calculation only takes into consideration the direct a/c costs. General corporate costs are not included here. If you have one plane flying then the exact overview is your financial statement. By deducting your a/c direct total costs from the corporate overall costs, you get the cover rate of your a/c on general costs, hence how much more you need to make.

Denis