Originally Posted by 2StgTurbine

Figuring out type ratings and even getting one is the easiest part of starting a charter company. If you have not figured out the requirements for a type rating, odds are you will not be able to start a charter company. Don't take it as an insult. You simply don't know what you don't know. It is like someone saying, "I want to be a mutual fund manager, but first can someone tell me what a stock is?"

Most charter companies are started by several people with decades of industry experience. Even with that, most fail. The upfront costs are huge, the overhead is huge (insurance, training, documentation, maintenance, etc.), and the profits margin is narrow and erratic. Anyone starting a business will make mistakes especially if they are new to the industry.

Mistakes in aviation are EXPENSIVE. You cannot afford to learn these mistakes unless you are already extremely wealthy. Since you probably can't afford to learn these mistakes by making them yourself, you will need to hire others to help you. By the time you hire enough people to make up for you lack of experience/knowledge, there will be no point in you even being involved. Assuming you have money to burn and can afford to hire others to help you, you will still be a small operator. Odds are your intended market will already have larger charter companies that will drive you out of business due to economies of scale. If there aren't any charter operators in the area you want to operate out of, then that probably indicates a lack of customers that can actually afford a charter company.
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