Business Jet operator profits...or lack thereof
I'm sure others are puzzled too, but when we talking about boom years, high utilizations, and a time where the internet and technology are really helping with deadheads, how are we still seeing the same meager operator profits?
How do these guys survive and stay in business for all this time?
Are they just masked in depreciation or is the fact that most aircraft under charter are not owned by the operators mean that hourly rates are set by people who aren't out there to make a profit, just get a tax break and offset their acquisition cost?
What do you guys think?