By pimps, I mean people who manage to accumulate hundred millions of debts to run their business and then set up their own package before declaring the airline Game Over. It happens every year and at the end of the day you always see the same faces re-starting a new ambitious start-up.
eg: (and that's just an example) You start your Airline "A" tomorrow with a fleet of 5 A330. Let's put an average monthly lease of 450.000 $ / aircraft. So you should expect a cost of 5 x 450.000 = 2.250.000 $ but because I m your good friend (if you see what I mean) my leasing company "B" will give a "better"
price: 500.000 $ x 5 = 2.500.000 $. Every month, you pay me an extra 250.000 $ compared to what you should have paid. At the end of the year, let's say when you decide to go bankrupt, we meet again and share the jackpot. Sounds fair and really legal
; init? Of course it also works with a fleet of 50 aircraft.
Having said that, I know that a few honest people work hard to set up an airline but they are passionate and must not be confound...