...did come to mind. For such a small airline as mine, i believed that it was essential to keep my fleet up to date as newer airliners burned less fuel for the number of PAX it carries. Between the years of 2005 and 2006, I ordered brand new B737-800's and 900's and placed them on SH-International routes from Trinidad, Piarco to the US and South American destinations. Great move as the more I acquired, the more my profit increased.
Not realizing the critical developments within the MT5 game such as extremely high lease prices and the costs to terminate them, I initially bought 4 DC-10ER's to operate the European routes. My mistake was to request long lease terms. So when it came time to replace these A/C with A340-500/600, A380-800 and B787-9, the asking charge for termination was $55,000,000 for each DC-10.
So I was stuck with them until 2019...............unless, I can generate a larger income/profit to deal with that situation.
So my options were to either; lease more B737's with greater range (B737-700ER and B737-900ER), then order a few B787-9's to take over Europe and high PAX demanding US routes, then leave the A380 and A340 till last or to order the A380's (as they were due to hit production soon and compete for Europe before heading for Asian, Arab and Orient destinations...
...what did I do...what was I thinking? Althought the A380 burns approx 8400 kg/hr, it carries a hell of alot of PAX. Plus what made me think this was the better direction to go was the fact that on my LFPG route, Air Republique dominated on average 40% with one plane a day while I attained the other 60% with two DC-10's. So If I were to battle using one BRAND, SPANKIN, NEW A380 against two A310's on the EDDF route and against one A340-600 on the FAJS route...I should be well equipped to kill off competition and hone the PAX all to myself right?
I am now facing BANKRUPTCY! It is hard enought to buy a B737 when making under $3,000,000 a week in profit with up and coming competition.
Was I too eager? Is there a last ditch solution? Can I overcome this with a new strategy?
My attempt for help and I am open to positive criticism.