Sabena_690 wrote:x BEAP: investor is waiting due to the economical downturn
x SNBA: I think that, instead of buying/leasing bigger aircrafts, it's more economical to buy/lease another A330 and increase the frequency?
Regards
Frederic
Hello
SN30952 is right is some of his statements but Africa definitely has a good yield and a very good impact on the overall situation of SNBA. And this despite the fees that SNBA has to pay to the local operator in compensation for exploiting the line (I have been told 300$ per pax in Luanda!!!!).
Still, it is quite easy to make a rough calculation. When you add all the costs (fuel, landing and ofly fees, leasing, maintenance, crew, escale etc.) and you divide by the number of seats taking into account that a business seat is 3X an economy seat, you have a cost of 25$ per seat per flight hour. On the ticket price you have the various taxes and the commissions you have to pay to the various 'authorities'. Cargo yield ranges from 0.80 to 2.50 $ per Kg and a lot more than that for parcels(mail). You can shake it all together, but with the occupancy that we have on African lines, I don't see how we could loose money.
For time beeing, the A330 is certainly the best economical aircraft to operate within our market. And yes it would be better to have some more of them. The critical number is 6!! that means 5 AC flying full time and the 6th being a spare for all the short and long checks as well as back up for AOG's. In some future dreams....
BEAP as well as UP(MD11 cargo project) are both confronted to the problem of finding thrusfull and generous investors.... but there is still good hope.
As for BUA it was an hoax since the beginning. The project originated from Canada and there were shares on the Nasdaq. With a lot of publicity around that "fabulous" opportunity, those shares took a steady good rise turning in millions profit for the promoters. They are now facing scrutinity from the SEC and will probably be sentenced to some jail term.
Happy landings