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| *The Commerce Journal>>>Small Business |
Starting an airline.....Whats the best way to get a plane? |
If your have limited funds of money (basicaly not alot) what is the best way to start an airline in terms of getting a plane? e.g. wet lease, dry lease, Buy a plane etc. Your first point of call is to make your company procedures manual. You have to have this huge document that outlines all the procedures to be undertaken by staff, pilots etc. These are technically legal documents and cost a fortune to write and are very rarely accepted by the CAA on the first submission. You should talk with the CAA who will help you with this procedure. Depending on the type of aircraft you want to operate, then you can lease it, purchase and import from the states where they appear to be cheaper. But of course you have the insurance costs to negotiate, airfield to find that give you the best customer access and so on. Richard Branson said that the best way to become a millionaire in the airline industry was to first become a billionaire in something else. It's a tough game although it's likley to be marginally easier with the open skies treaty. I know it sounds stupid but try eBay. Rent a spacship so you can return to your HOME planet You would have to look at the terms of the wet or dry lease and then compare to fuel costs and economy of the plane. look at what virgin man branson did, plenty clues there... Stupid questions require Stupid answers. Wet or dry lease is the least of your problems getting a licence from the c.a.a. to carry fare paying passengers is the first expensive hurdle you will face then there is the established carriers who will attempt to put a block on your landing rights at any airfield you want to fly to etc. Airfix kit? You need to fly out of less well known airfields to keep fees down. Actually the first thing you should do is develop a business plan and model so you have something to persuade backers to finance you. |
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