Starting in MT in this stage is somewhat harder then most other games especially due to fuel pricing, and your competition is more then likely developed and can crush you with one finger.
You can either survive by starting a regional like mramelet said, preferable in a country where you can expand your base into bigger city after you are more developed. Hunt for empty airport or larger airport with only 1-2(max) hub airline (thanks to sami's new interface you can find it much easier now). Don't start in an airport where there is already a 300+ plane airline's main base being there... most likely you won't be able to pick anything out of it unless he didn't care or simply bad. Also, if 2 possible place comes up and they are similiar, pick the one without an alliance affiliation
If you pick an airport and quickly find out you can only fill 4-5 planes before running out of route you chose the wrong airport. You need much more then that. Also route with sub 30 pax is very unlikely you can make any money off it.
props are good start as they are more forgiving compare to jet counterpart, however with a much smaller growth. Also short/medium haul jet also works quite well in some case, just make sure you don't get those super expensive aircraft in UM, they might be a good plane but players may jack up to the price point you won't be able to make a cent. Do not use your money to 0 on your first day. You will need a very very long time to grow your CI RI on those routes before they are profitable assume there is competition.