owned!

[ban2]

Well i'm into my second week of my start up airline where i'm going to try and progress without using finance or leasing of any kind, lets see if it's viable and how far i get.

I started with a single otter (may have been better with a fregate but it wasn't around when i was in the market to buy) and started with 3 routes which i have since increased to 4 in the second week.

The first week created a small loss which i think is to be expected and with an additioal route and better image lets see what happens after week 2.

[ban2]

Well finally making a weekly profit only took just under 3 months. With only $370,000 left in the bank i think it's still touch and go weither i can continue without going bankrupt or leaseing a 2nd a/c to increase my profit margin.

[ban2]

3 weeks of making a small profit

unfortunatly my base airport closes between 9-5 and all my destinations are closed between 9-5 and 9-6 so no chance of flying through the night yet.

i think in the future finding airports that open through the night would be an advantage.

[ban2]

I decided to lease a 2nd plane, i made this decision becuase with 1 or 2 flights cancelled in a week puts my airline into the red. With a loan i would have not been able to keep fleet commonality. So lets see how it goes with 3 otters in my fleet 2 leased and 1 owned.

Fleet commonality

                                                1 plane:-              2 planes:-                 3 planes:-  TBC

Number of aircraft in fleet              1                           2
Administrative costs / month          7 506 USD               9 556 USD              12 471 USD
Fixed maintenance costs / month    20 694 USD             30 775 USD             46 527 USD
Crew training / month                   5 739 USD               8 032 USD               11 469 USD
Total                                         33 939 USD             48 363 USD              70 467

PT6A series engines 
PT6A-27 
Number of aircraft in fleet  1                                       2                            3
Number of engines in fleet  2                                       4                            6
Models using engines  de Havilland Canada DHC-6 
 
Fixed maintenance costs / month / PT6A  82 230 USD     84 431 USD               87 991 

ok now i've added a second otter you can see the importance of keeping a small fleet to the same type. costs have increaased by a relativly small amount which is crucial when trying to make a profit with such small airplanes.

hopefully this saving will pay the leasing costs and add an additional profit.

[jagalubnan]

Is this like some kind of ongoing diary?
And if so, did I just mess it up by posting in it? 

[ban2]

lol no, i'm just making notes public so as to help anyone with tips and ideas on setting up a small airline with small planes.

and to learn from any mistakes i may make along the way.

[ban2]

Bankrupt! meh!

lessons learnt for next time

1/ 20 seater too small. (maybe possible with 24hr airports)
2/ 24hr airports.
3/ no leases

any tips on small operations welcome

[darthluke100]

Bankrupt! meh!

lessons learnt for next time

1/ 20 seater too small. (maybe possible with 24hr airports)
2/ 24hr airports.
3/ no leases

any tips on small operations welcome

What5 was the airline called and in wot game

[ban2]

ban2air game 3