Forums39
Topics38,716
Posts313,103
Members26,577
|
Most Online2,218 Jan 21st, 2020
|
|
37 registered members (Swifty, CaribbeanCanadians, RickinAtlanta, xrayman67, davidandsusannj, jbutah, Husker, RickBlaine, Bernd, Todd, foreversxm, Tapopow, Todd_Melinda_K, onlymedication, eightzerobits, fabila, PrairieGirl, VirginGordaResident, Michael Gadilhe, vytis104, ChuckG, ChiTownHarry, IWIWSE, lhbsurf, Jaybird, road3682, 11 invisible),
523
guests, and 142
spiders. |
Key:
Admin,
Global Mod,
Mod
|
|
|
Re: BVI airways
[Re: NCSailor]
#110410
10/26/2016 09:41 AM
10/26/2016 09:41 AM
|
Joined: Apr 2002
Posts: 7,063 GA/NC
GeorgeC1
Traveler
|
Traveler
Joined: Apr 2002
Posts: 7,063
GA/NC
|
7 million dollars will not get the first flight off the ground. I assume they have additional investor funding. Just the costs involved for training 30 pilots to man two aircraft will exceed 2 million dollars. Payroll for those pilots if they are paid half the industry standard will be close to 3 million a month. That's before you pay any other employees. You will need those pilots on the property for training 60 to 90 days before the first flight. Once you have crew trained you will be required to fly proving flights by the FAA. To get this airline up and running safely with two airframes I would consider 50 to 60 million in capital a bare minimum.
Last edited by GeorgeC1; 10/26/2016 09:42 AM.
|
|
|
|