4th bankruptchy's a charm!!

Started by Escable, January 15, 2009, 12:30:55 AM

Escable

Okay, I'm on my last bankruptcy.  (Thanks.)  and I am finally making money!!! I have $800k right now.. about a $600k daily jump since Monday! :)

JJP

Congratulations. :)  Have any good advice to give out?  ;)

Escable

Quote from: JJP on January 15, 2009, 12:43:30 AM
Congratulations. :)  Have any good advice to give out?  ;)

I would say.. choose an airport that is medium and fly to a city that isn't served yet by another carrier in that city.  Starting off, use one plane for one route.  I am making close to $120k a week right now. 

Play with your routes.  Leave gap time in between flights, to stave off delay penalties.   I found (surprisingly) after I fixed my delays, I'm close to 28% company image, and my flight loads are close to 75% on a Boeing 767.  (no special config)

tacsniper

^ thats interesting how you make so much off one route. Is that after expense or before expense? Currently I am flying to 4 different large cities with 2 737-200 and at most I only made $72k a week after  expense.

tomahack

#4
Escable, congrats, i did 3 bankrupt myself, and now doing 100k profit every week my 2nd plane arrive today(real time).
For myself things to do at the beginning,

1) Good marketing for 4 months
2) Evaluate the best route possible, don't take  LARGE to LARGE routes.
3) Considering you have a good route, take the plane in consequences. Range, pax, classes.

* reconfiguring a plane cost me only 350,000$ ... and if you have a route who demands business class, let's do it at a proportion of 20%..
I did it myself on a BAe 146-300. 20 Business seats on 97 pax. I have success with it. But i don't pay my lease now, but my second BAe arrive ;)

You should wait at least 2-3 months (game time) before getting a new plane, but BEFORE your lease begin.

This is just my opinions....its worth nothing ;-) So if i'm wrong, tell me i'll do bankrupt right now =)

elitemedia

After making 2 times bankruptcy, i finally managed to get a working airline... and i'm making around 600K a week with 2 aircrafts (3rd one on order). I choosed a large airport DFW, and only fly longhaul flights, i i can give an advice is when creating airline get immediatly de 2,4 millions loan, and get a large airplane (i choosed Tristar 500), later i got a B767-300 which makes less revenue than the Tristar 500, but still good enough.

I will soon receive a second Tristar 500, choose routes that allows you to make the longest flight possible and 6 flights a week, and off course routes that have at least 2 times more request than seats you have available, choose to have permanent marketing on your routes aswell as general image, and everytime your finances allows you, get another airplane...

masoniclight

Well I have ALL of you beat  :P I completely bankrupted out of game 1 (yep all 4 times) so in game two.. I think I may have finally learned something.. hehe..

tomahack

 Elitemedia, i did not managed the same thing than you, but sure, i make less profit per weeks, but i started with 2 little planes regional flights,
and now i've leased my first 737-300 ...imagine, 100% condition with 0,2 years old! I've being really fast i think.. I've saw it, check the range, Next C-Check, bang lease 3 years.. In 2 seconds ;-) You must be fast to take them, they go in minutes, seconds.. ;) I'll get it 1 april 93 ;)


Escable

Spoke too soon.  The C check KILLLED me.  I'm -2million right now.  I rushed and got 2 used BACs before my plane went out of service, but I'm still bleeding $200k a week .. and I have 1 more week before C check ends.. I think

elitemedia

I just went thru my first C check but i managed it ok, since before C check i could affoard delivery of my fourth long range aircraft, next big step will be in 4,5 months, there i get 2 planes in C check at the same time (good advice, try not to lease aicrafts with C check at same  time  :-[ ), i think that if i can lease 2 more long range aircrafts until this date it should be ok...

Escable

My airline died again.  I don't get it.  -4mil and I called it bankrupt.  No way on earth I could continue to be in business with a C check every 3 months..  That's crazy.   

dazz81

well I have already given you advice on where you went wrong I think. You'll be fine next time around.