1991
Trainee
Posts: 4
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Post by 1991 on Jan 23, 2007 21:45:14 GMT
I have been thinking about how another airline in Scotland could be profitable. So...I am starting up my new airline from Dundee,this new airline will be called Tay Airways.I have decided on leasing a BAe Jetstream 31 but do not know where to get one,i am also requiring funding,support and knowledge if anyone could help,this would be much appreciated.Also i am trying to create a website, do not ant a free one,i am trying to get a .co.uk website.If anyone could help to create a website,this would also be much appreciated.In general,i am would also like to hear everyones opinions and any help that could be give will be much appreciated.
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Post by planeshots on Jan 23, 2007 22:02:02 GMT
i am only 14 and 15 in two days so i don't no how to help.
but i no what not to do eat a whole bag of Animal Bars.
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Post by dutchboi on Jan 24, 2007 15:34:22 GMT
Nice choice of airplane but why not use something simpler and more common like a Dash8 or an ATR 42?? they more common so most probably easier to fix?!?
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Post by planeshots on Jan 24, 2007 20:39:58 GMT
I heard that 70% of UK airlines fail within 1 year so be carefull and make the right choices and do routes with high demand.
Good luck
I an 15 tomorrow and i am young so i can't really help. sorry (I really want to).
Planeshots
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Post by admin on Jan 24, 2007 20:57:55 GMT
I could build the website for you using the paid version of moonfruit. Its pretty cheap but it depends what you want from the site really. If you want on-line booking you would have to go to someone proffesional and use somthing like airkiosk.
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Post by sjr on Jan 24, 2007 23:28:26 GMT
Whilst i realise that we have already discussed this in another forum i will go over it again incase some of us missed it. The jetstream 31 may be small and may even be uncommon but as Dundee is small and 1991 wants to try to keep start up costs down the best thing to do is to find an aircraft which is not in high demand and is not expensive to lease and or buy. The jetstream 31 is being withdrawn from service by Eastern Airways and other scottish airlines also use this aircraft. Loganair use a similiar size S340 as the backbone of their fleet and Highland airways use the J31. Starting small may mean it takes longer to become a big player but it keeps you off the grid from major carriers for quite some time.
Again like planeshots (G-NIKO) i cannot help a lot because i have never been involved in running an airline but i do no a lot about the world of business because i am studying for a degree. In the other forum a contributor mentioned checking using viable maths which aircraft suited the needs of the airline. By calculating basic expense by basic income. This includes on-going expense and start-up expense. If 1991 has done this or if not i am not sure but this need to be done to secure financial backing. This will be in the earlier stages of research and until 1991 reaches this stage of his business plan, he will not be able to choose the rights aircraft for the job.
If you have reached this stage 1991 i apologise but i am only trying to help
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1991
Trainee
Posts: 4
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Post by 1991 on Feb 3, 2007 12:59:37 GMT
thanks dmin,i would like it alot if you cold make a site for my airline. I like the name 'flycloud 1' at the moment.Also,the online booking systems cost alot of money so i was thinking about selling tickets through paypal,what does everyone think?
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1991
Trainee
Posts: 4
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Post by 1991 on Feb 3, 2007 13:00:30 GMT
sorry spelt admin wrong.
1991
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Post by sjr on Feb 3, 2007 20:21:13 GMT
hmm is that legally aloud, you will have to look into it. If it is fair play and then at a later date you can put an online ticket sale system into place once the airline has grown a bit
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Post by captainbill on Feb 3, 2007 22:36:55 GMT
I have to stress and stress again that it will take not one million but a few million to get a new airline off the ground. Yes even a small regional one like yours. I know it sounds so simple get a plane and staff and off we go but there are so many leagal requirements it would knock you into the middle of next week.
You have one aircraft and it is going to be down for two days maintainance do you have a back up do you know where you can get one at a few hours notice. Fail to fly for 48 hours due to maintainance and you are closed down. Have you got insurance you will need it and this will cost a fortune. You will need to lodge a financial bond with HMG incase the company turns turtle and a rescue plan has to be put in place for customers who have paid. Will you be a member if IATA this will cost lots of money. How much will your agents charge to handle the flights at destination airports. Will you be able to buy fuel on a card. If yes you will need ten thousand pounds in the account at all times to pay for it. To break even using a J31/41 you will need it 75% full so the profit margine is going to be low per rotation. The fare using a single aircraft needs to be high so do you know what the single fare to MAN will be. One horse town airports are not the place to fly from or lots of airlines would be there now so the maths have to be right and the dream has to have substance or you could go bust before you even fly.
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Post by sjr on Feb 3, 2007 22:56:03 GMT
yes as i said very complex but it is possible. You need to find some serious! financial backing and maybe getting more than one aircraft wouldn't be a bad idea. Maybe you could start another business first to obtain funds for the airline. I don't know what sort of business but it is where most tycoons start off. They get a small business and grow it over time until eventually they have more than one business and have become successful enough to cope in the aviation industy. Maybe some experience in the industry is a good idea or perhaps you could start a pleasure flight company for Dundee and the surronding area and then grow this into an airline over time. Im sure you have the ability to succeed but these things will take time so be patient and work things through over time to ensure that you can afford these sorts of costs when you are ready to start, by all means continue with a business plan because they are good practice
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1991
Trainee
Posts: 4
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Post by 1991 on Feb 9, 2007 16:27:39 GMT
I have decided on a larger aircraft, a Shorts 360. I have found a company to lease one off. BAC Express, also i have created a new website. www.flycloud1.moonfruit.comCaptain bill i would be more than happy to hear all the legal things that could run into next week! Regards, 1991 |
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Post by sjr on Feb 9, 2007 20:10:53 GMT
the BAC express S360's are cargo i think not sure tho
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Post by captainbill on Feb 14, 2007 19:01:15 GMT
Is the new company regestered with the civil aviation autority as yet and have you received your air opporators certificate ? Do you have insurance fixed up as yet ?
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Post by admin on Feb 18, 2007 21:15:18 GMT
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