Originally Posted by
duvie
How do you know that your new ventures will generate "income"? I think what you mean is revenue. Income implies that your operating expenses and other costs will not exceed your revenues. Just because you plan to operate somewhere doesn't guarantee revenue, and often in the first couple years in a new market/operation expenses combined with one time expendictures and other unforseen costs will exceed revenues. It seems like a lot of young guys out there assume that whenever a business operates it "makes money." Any operation can generate revenue, but to truely be financially benificial to a company is something completely different.
Thanks for the young comment! I'm sure you can do basic math, 216 aircraft generating a profit per the CPA vs 53 aircraft (very unlikely) not generating any income whatsoever. I say 216, because the 10 going to the charter will generate profit. See here's how it works chief, prior to any of this 69 aircraft nosense popping in the horizon, we were already doing charters for college teams and others. They were booked through CAL and we ran them with the newest of the newest. Well, let's see in the announcement made at the launch of the Charter it was said that we already had clients for the business. Again you do the math. 216 making money vs 53 (very unlikely!) not making money. hmmmmmm