Another bancrupcy and prices of the competition

[BizFlyer]

Hallo,

in the "Jet Age #7" I have had my second bancrupcy.

I was based in Singapore and I had 3 727-100 leased.
I should have listened to my glands, which told me "Man, too expensive to lease". It was true.
Another things was, that I had chosen with Singapore a pretty competitive environment.

What I have learned is, that, as soon as possible one ought ot BUY and not lease.
Fuel is another factor that can get you down.
And too much competition is no good for a small start-up, if the planes are wrongly chosen


But there is one question, for that I hope an answer here.

In real life I could go as the manager of airline A to the counter of my competitor, airline B, and buy a ticket to Nirvana and thus get an idea about the price they may have on a route.

I was looking for something like that in AirwaySim, but I could not find anything.

If I have overlooked, then, please, can somebody point me to it?

If I have not overlooked, but there just isn´t any way of finding out in the sim right now, then I would like to propose this as an additional feature of the game.
Let people do some market-research and let them pay for it.

Just my two cents...

Best regards,

BizFlyer

[exchlbg]

This was discussed many times before.Try searching the feature request archive for some matching expressions.
Fares of competition can not be seen, you will have to stick to try and error method.
Fares in real life aren´t as static as in this game,thus likewise hard to find because there are daily fluctuating as well as special fares for seasons,destinations and special contract partners.Try finding out a fare for a distinct seat on a distinct flight via different search engines on different days, not one will be matching.And don´t forget the various services that are or are not included in stated fares.
Fare system in this game is too easy to match that situation.You already found the reasons of your failure like trying to compete with established airlines from day one.Knowing their exact fares wouldn´t have changed your situation one bit.

[Mr.HP]

Knowing their exact fares wouldn´t have changed your situation one bit.

Agree. In addition, knowing your exact fare, the established airlines can send you home earlier

[Kadachiman]

I am one of the airlines based in Singapore, so I will attempt to give you some answers.

I was based in Singapore and I had 3 727-100 leased.

'Sorry...but didn't notice you there, so it must have been very short term?"

I should have listened to my glands, which told me "Man, too expensive to lease". It was true.
Another things was, that I had chosen with Singapore a pretty competitive environment.

'I believe there is still room for you to come back in and with the correct strategy be successful...do I have the correct strategy?... I will tell you at the completion of the game..lol'

What I have learned is, that, as soon as possible one ought ot BUY and not lease.
Fuel is another factor that can get you down.
And too much competition is no good for a small start-up, if the planes are wrongly chosen

'All my planes are leased....rapid expansion is the aim at present'


But there is one question, for that I hope an answer here.

In real life I could go as the manager of airline A to the counter of my competitor, airline B, and buy a ticket to Nirvana and thus get an idea about the price they may have on a route.

'You could always PM the competition.....I for one would have told you my ticket prices....as I don't see it as a deal-breaker....in my opinion ticket prices are very low on the "need to get strategy correct scale"

I was looking for something like that in AirwaySim, but I could not find anything.

If I have overlooked, then, please, can somebody point me to it?

If I have not overlooked, but there just isn´t any way of finding out in the sim right now, then I would like to propose this as an additional feature of the game.
Let people do some market-research and let them pay for it.

Just my two cents...

Best regards,

BizFlyer

[BizFlyer]

Thanks for your reply, Kadachiman.

Yes, it was only for a relatively short time that I could hold myself.
Also, I declared bancrupcy, I was not declared bancrupt. but I wanted to forego that.

Well, the roaring fuel-prices were one thing and due to the competitive situation I could not get my planes filled to the last seat with good fares.

Another thing was the very high leasing-cost for the planes. If I remember correctly, then it was more than 119.000,- US$ per month.

That was too much.

Now I went back to Hamburg and try it really small and cozy. Main thing is to earn money and keep the shop going. Millionaire is not my aim in this sim...

Good luck to you,

BizFlyer

[schro]

Another thing to consider is that the 727-100 has rather poor economics for the mid-80's. They are really only useful into the 70's until the Iran oil spikes start to happen, and after that, they're pretty much impossible to turn a profit on regardless of their lease rate. The 727-200 and 200Adv have the same operating costs with nearly 50% more revenue potential from the additional capacity...

[Karl]

Another thing to consider is that the 727-100 has rather poor economics for the mid-80's. They are really only useful into the 70's until the Iran oil spikes start to happen, and after that, they're pretty much impossible to turn a profit on regardless of their lease rate. The 727-200 and 200Adv have the same operating costs with nearly 50% more revenue potential from the additional capacity...

One of the big troubles with the 727-200 in "Jet Age #7" is that the passenger capacity is, unfortunately, too big for the demand on most of the routes that it is suited for.   

[schro]

One of the big troubles with the 727-200 in "Jet Age #7" is that the passenger capacity is, unfortunately, too big for the demand on most of the routes that it is suited for.   

Well crap. I looked and saw the OP was in DOTM which was in the 80's right now and skipped over the part about him waxing on about JA7.

The late 60's is a pretty tough era and the 722's aren't even available yet. I haven't done JA since JA1.... but using a 721 in the 60's shouldn't be much of an issue from a cost perspective (since fuel is often virtually free), so that implies there was a revenue problem more than anything - perhaps scheduling efficiency could have been improved and/or shorter stage length flights could have been considered....

As for the OP needing to know competitive prices, it really doesn't matter much - if all other elements are equal, pricing from about -20% to +10% of standard pricing is revenue neutral, meaning that within that price range, you'll get the same amount of revenue based on pax sold * price sold. The biggest issues with struggling airlines is either poor plane selection, too many fleet types or poor fleet utilization/scheduling. Everything else should sort itself out...

[Sanabas]

The biggest issues with struggling airlines is either poor plane selection, too many fleet types or poor fleet utilization/scheduling.

and excessive marketing. Amazed how many airlines cripple their startup with that.

[brique]

and excessive marketing. Amazed how many airlines cripple their startup with that.

Thats one that can catch you out dead easily : it racks up as your airline grows, so unless you know to start it low so it then grows at a reasonable rate you will end up paying far too much far too early in your game. For the new player, they probably wont realise the danger of over-cooking their marketing until the damage has already been done...