Quote
WOG
But a few words of Torres advice:
1. Read up on "debt to equity ratios". If you don't have the brass to invest at least 33% equity in your total assets (i.e. a maximum 2 : 1 debt to equity ratio), don't get into the game because you
will fail.
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For those operators who do not invest enough where are they most likely to attempt cut costs (or cut corners as the case may be)?
- Pilot wages?
- aircraft maintenance?
- Compliance and other fees?
- Loan repayments?
TH