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Teenage pilot starts airline



 
 
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Old November 11th 05, 10:29 PM
Chris
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Default Teenage pilot starts airline


"Matt Whiting" wrote in message
...
Gig 601XL Builder wrote:

He sold a flight sim company he started when he was even younger.


Well, I'm not sure I'm all that impressed that he would sell a money
making venture to buy one that is certainly a money loser! :-)

He's still young though...


His hero is Richard Branson and everyone thought he was on a loser when he
started Virgin Atlantic. Its doing pretty well. Probably makes more profit
than all the US majors put together excluding SWA.

Its the same with Ryanair who are one of the most profitable airlines in
Europe and they give the seats away for free.

http://www.ryanair.com/site/EN/

Even British Airways makes big money and there are no government handouts or
featherbedding either.
http://news.bbc.co.uk/1/hi/business/4747693.stm
Its just a different business model on this side of the water.


 




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