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Thomas G | I want to start off my own airline in the distant future. I am going to start off with business jets...? |
Would this be profitable?
Additional Details
people who say i am stupid and need to research what do you think im doing now! |
 |
 
homebizseo.com
 |
It can be profitable. You should contact each state and find out which will give the biggest tax break for opening a business. I live in Myrtle Beach and they give big tax incentive trying to attract airlines. http://homebizseo.com/50states/50statehome.html
The State-by-State listing to Starting a Business provides links to each state government websites that handles the process for starting a business. The listing also provides links to small business development centers, SCORE and chamber of commerce, operating in the state. Whether you are starting a home base
business, small business, restaurant, or cooperation the links take the guess work of where to begin and where to start.
Homebizseo.com helps the entrepreneur get started.
Official state government links on how to start a business in each state
Business registration, permits and licenses
Tax rules and regulations for businesses, including sales and use tax
SCORE and the Small Business Development Centers
Chamber of Commerce |
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Andy E
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Good luck with setting up your own airline!
Whether a business-led airline would be profitable is contentious at the moment. Two firms, Maxxjet and Silverjet have recently run into trouble with this business model (both offered business flights only) with Maxxjet going out of business.
Many other airlines are also facing difficulty - in the business sector many companies are asking their staff to accept cheaper flights with budget airlines, especially for short-haul flights.
You mention 'distant future' and this is where prediction might become a bit more tricky... there are so many issues around governments legislating against airlines (for environmental reasons), the price of oil over the next 10-20 years, and technology (possibly) reducing the number of flights.
Despite all this turmoil in the industry, there seems to be no shortage of orders for private jets from those who can afford them!
I have put a couple of book references on that I hope you will enjoy. The first 'How to get Rich' by Felix Dennis has nothing to do with the airline business at all, but it is a great business book, and very entertaining. It has more to do with motivation that most business books, whilst not being a 'motivational text' per se.
Second, one of Mr. Branson's books - learn from the master!
Good luck!! |
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raysor
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That's a good start. |
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ElComandante
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you are craaazzzzzzyyyy
Start with something else first
You are aiming too high |
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nad33m.com nirvana
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dream on :) |
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coleblondehead
|
Well, if youve seen how the economy is
doing, actually several airlines have been
downsizing or just closingtheir doors, I
would do a deep research first in the area
where youre planning to do this and see
how profitable it might be in the future,
how many airlines are there around my
area you know like with any business.
I have a Notary Tax SErvice since a year
ago, but I have competition so I have to
offer something different that other comp=
anies dont, that way i stay ahead of the
game, so just do your research and
kGood luck!!! |
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greybeard
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Yes, Best of luck! |
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mou
 |
Unless you have loads of money |
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christopher.troup@btinternet.com
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The airline industry for obvious safety reasons is highly regulated so you must get as much knowledge and experience of it as possible because you will have very substantial costs in setting up even before one flight is made.
Unless you are a multi-millionaire you would possibly be right to focus on the business jet niche. Perhaps you have some large company near you that regularly sends personnel to other sites at high cost - you could run exclusively for them. But you obviously need to research your market.
Whether it is profitable or not depends on how you establish and expand your revenues and control your own costs and and the business environment at the time. |
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hortonds
|
One of my favourite quotes is from Richard Branson, when he was asked how he became a millionaire.
He said:
"I first became a billionaire ... then I bought an airline" |
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mr petey
 |
I hope you realise that to embark on this excellent adventure you first need to have a brain. |
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