profitable tip

Started by ban2, February 08, 2009, 01:29:23 PM

ban2

I think a lot of airlines are trying to expand to quickly to chase the profits, in the end you will get into trouble.

start to buy your planes, i've started to buy my leased planes when i can, this has stopped me from expanding but it will help my profits long term. Don't believe me, have a look at your leasing costs per week. So far i have purchased 2 short haul and today i bought 1 medium haul saving me around 1 million dollars in leasing costs per month.

swiftus27

^^^

Exactly what I am doing in Australia in game #3...

As my replacements come in, I buy my used leases and then lease them out myself. 

I have the company value due to owned planes and I can even borrow against it... If I leave for work for an overnight (without my laptop) what I will do is borrow every dime I can and buy planes.  It appears that there is a greater return than the usual 8% interest rate.

pharmy


So basically you are suggesting buying your 5-8yr lease planes and leasing them out when their replacements arrive? Wouldn't the imminent arrival of a D check scare aware potential leasors? And what if they decide to dump their leases before the D check, and you are stuck with a plane you can't sell?  Only benefit then seems to be that you can take out a loan on their flightless mojave desert carcasses.

Slightly off topic : how are your concordes working out? SIN-SYD all first class?