Advice needed!

Started by TPMP, July 07, 2012, 06:41:07 PM

TPMP

Hi guys, just thought I'd ask you for some advice as I'm new to the game.

Basically, I have 3 ATR 42-500's on lease and I'm now at a stage where I dont know what to do. I'm 6.2m in the red so should I wait and try and get back into the green or should I try and lease another few planes? I've read on here quite a lot that patience is everything, so if waiting to get back into profit is the way forward then so be it. Just thought I'd get someone elses opinion on it! :) As I only have 3 small planes, my profits arent exactly huge so getting back in the green could take ages!

Any advice welcome!

exchlbg

If you want players outside of beginner“s world to help you, you have to be more specific about the base facts.How old is your company, how are RI/CI doing, how do your schedules look, do you have competition and so on...
Maybe you should apply for a game mentor.

Greets Christian

AndiD

As long as you have some liquid cash on reserve after the leasing downpayments, keep leasing planes of the same fleet type until you have 5-10 of them (so that they cover the commonality costs). C checks and D checks of the leased planes should be months / years off.

If your liquid cash reserves come rather close to the limit (check your Income Statement for weekly expenses, esp. staff on Tues; you should always stay in the green on cash), hold off, wait until the route images go up, your current routes become profitable and your cash reserves go up. If routes stay unprofitable after the route image is at 100, drop the routes and find new ones. Always try to maximize plane usage (5-24 w/o overnight flight is ok for props) and minimize delays.

After you've reached a certain number of planes, check whether it is worthwile paying the loan back first, or not. Don't worry about airline value at the start.