Night Watchmen
You seem very sure that this is the case, but I'm not convinced. Some quick sums on the back of a fag packet for you, accompanied by a health warning that these are purely my assumptions and I have NO inside knowledge at all:
Purchase price for aircraft 65 mln.
10% per year Return on Investment = 6.5 mln
DOCs assuming 500-600 hrs/yr/aircraft (this figure may be too high?) = 4 mln
Staff costs using your numbers = 7 mln
Adding them all up and multiplying by 5 years gives a total of 87.5 mln.
That leaves a reasonable margin for overheads, insurance, mobilisation, base costs, etc.
It certainly won't be the most profitable contract ever signed, but I doubt it won't generate any profit at all unlike some other contracts in the past e.g. old Bond's BP contract.
HC, thanks for this :
even though you did vote for Bush TWICE
It really made my day
