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Old 6th Jan 2008, 16:22
  #455 (permalink)  
back2front
 
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Thats why I mentioned amortization vs_lhr. But still if the company aren't making profit from their existing aircraft (38) or as the case may be only a small profit then the best thing to do would be hold back on expension of fleet and/or routes and work towards resolving the situation, as I said before back to basics.

Once each aircraft is returning a better profit then look at expanding. No point in purchasing more aircraft if its not a good ROI.

And the money saved in loan payments could then go towards keeping the staff happy thus helping the company make more money.

RB once said 'Keep the staff happy, they will keep the customers happy and they will keep the business going'. If only he and the rest of the management worked on that philisophy we wouldn't be in the sh*t now.
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