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Old 11-02-2006 | 11:21 AM
  #18  
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Ziggy
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Joined: Apr 2006
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From: Sofa Stress Tester
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I don't think you guy's understand the charter industry. It's a totally different animal than airline ops. Unlike airline, charter's don't fly everyday, and have a fairly low utilization rate. This is why most jets for charter have an owner. The owner is responsible for the owning and operating costs of the aircraft. Charter companies will market these aircraft for a price and offer the owner a percentage of the rate charged. This in no way covers all the costs of the aircraft. So if your jets don't have charter customers everyday, their probably not turning a profit.
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