My point is that if an inexperienced pilot who owns an aeroplane operates it under the AOC of an experienced operator then the responsibilty of and how its flown goes to the experienced operator. The operator may for example decide that all IFR charters are done by one of their own, more experienced pilots. But perhaps the owner may be permitted to fly VFR dead-legs. Who knows?
Sure, you're more likely to lose money than make money if you go and buy an aeroplane and start your own charter company. But if you can afford to buy an aeroplane and find someone who has 20 hours per month for it then at the least the aeoplane is flying and paying for itself. For sure you would want to get an idea of how likely you could find 20 hours p/m for it first!
Just because there are many low-houred pilots chasing hours doesn't mean the market is overserviced! Consider an operator who is using an aeroplane that he is in the process of paying off. Either the price he charges the customer reflects the interest or his profit margin is less. If someone comes along and offers him lease of a free-hold aeroplane at cost price then who is the loser? The bank is! What's wrong with that, from an aviation perspective?
Cheers,
..MG