PPRuNe Forums - View Single Post - JETGO Airlines to launch Brisbane-Karratha-Singapore services
Old 13th Jun 2018, 07:18
  #288 (permalink)  
Bend alot
 
Join Date: Oct 2017
Location: Tent
Posts: 916
Received 19 Likes on 12 Posts
Originally Posted by Nulli Secundus
OMG! Really? How does that happen? How do you get even just 1, 2, or 3 million down and think you're going to just trade out of such a nightmare. I imagine financial PNR occurred a long time ago.
$1,2 or 3 million down is very easy in aviation running a few jets RPT.

Your budget forecast is over a year or more and on starting routes it is common to have planned losses but turn to profit over time.

That $30 million will include some sorry investors not just lines of credit for services supplied including staff.

But again 1-3 million could just be a bad month on weather and pax bookings on RPT runs.
Bend alot is offline