Okay, I need some help. I've lost 1/2 million today in airline value. I have positive income from routes, about $30k per pair of routes (5 pairs) and.. wow.. 76% load. I am losing $120k a week! What is going on! What changed?!
Help!
checked maintenance costs?
Financial overview, weekly estimate
The sums are an estimate of next week's incomes based on previous day.
Sold tickets 463 610 USD
Line maintenance (A+B) -14 033 USD
Aircraft insurance -32 266 USD
Fuel cost -58 128 USD
Route fees (1) -100 204 USD
Weekly leasing cost -227 256 USD
Total 31 723 USD
Try raising prices a bit?? :-\
Okay.. I'm doing that. I had lowered it 10% to begin with.. with 75 image, I bumped it up 5% so it's still 5% less than going rate.
Also, I ordered two new planes. I think I will see if I can move loads around a little bit.. move one route to a medium plane instead of a larger one.. although, I have to figure in fixed cost and the what it would take to make a profit. I can't believe I went from $1mil cash on hand a few hours ago to -56k or so.. Sigh.
Also remember what was the "going rate" a year ago is less than what it is now.
You said 75 image you must have very high marketing expenses that s where it must be hurting you.
Quote from: chadico on January 16, 2009, 05:39:04 AM
You said 75 image you must have very high marketing expenses that s where it must be hurting you.
Marketing -133 951 USD -137 069 USD -137 034 USD -108 432 USD
That's WEEKLY view. I only have a 40 company image.
QuoteFinancial overview, weekly estimate
The sums are an estimate of next week's incomes based on previous day.
Sold tickets 463 610 USD
Line maintenance (A+B) -14 033 USD
Aircraft insurance -32 266 USD
Fuel cost -58 128 USD
Route fees (1) -100 204 USD
Weekly leasing cost -227 256 USD
Total 31 723 USD
i take it thats your 767? you need to swtich routes that is not enough to keep a good profit. this should be on a 3000nm route with good demand.
also your other aircraft i forget what it is now a BAC1-11? you need to squeeze as many flights onto them as possible, close up any gaps in your schedule with more flights
Great advice. I redid my scheduling on one of my planes.. was able to fly more places too! 3-4 flights per day.
Looks like my airline is rebounding. I went from -3.2mil to -2.7mil. :) That means I'm making money again.
Company pre-tax profit
-$ 85 768 +85.2%
Company image
41 -1.9%
Fuel price
194 USD 4.3%
Average load factor
Y: 75.6% +16.1%
Ya, you should be able to do 3 or 4 flights (depending on range) with those aircraft. Like the others said, keep the aircraft packed with flights but make sure the turnarounds are not too short. Also between flights on your schedule it says "Can depart again at ----" but that's the minimum turnaround, expand it.