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Old 22nd May 2009, 13:34
  #227 (permalink)  
hawker750
 
Join Date: Jan 2007
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Of course it will work: Watch
One can still get just about 4% interest these days. 4% on $1.5 billion is $60 million a year. The hourly cost of a Lear 60 including lease fees on say 750 hours a year is about $3,000. $60 million divided by $3,000 is 20,000 divided by 750 is 26.666. So they could operate 26 Learjets, not charge the customers a bean and STILL make a profit.
Easy init!
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