and i quote...
AirNet's most recent addition to the cargo fleet is the single-engine Cessna Caravan turboprop, which features a 49 X 50-inch door opening and more than 450 cubic feet of cargo space with the standard cargo pod.
AirNet Chief Financial Officer William (Bill) Sumser says AirNet has budgeted about $24 million for total capital expenditures this year and foresees using that money to expand both its scheduled cargo and passenger charter businesses by adding aircraft. On the cargo side, however, some of the new planes will be replacing current AirNet aircraft, he explains.
“In 2001, we added some Caravans and we’ll continue to add them this year, and they’ll probably be replacing Aerostars,” Sumser predicts. “Long-term, maybe five or six years out or even longer than that, we don’t anticipate seeing Aerostars, 310s, or maybe even Barons in our fleet. We’ll need some, of course, but in my mind I see our fleet becoming more of a Learjet/Caravan mix. I can’t say for sure it’s going to be a two-aircraft mix, but the Caravan is definitely a better fit for our express product. Our express product is not in bags like the checks; it’s more often in bigger boxes and it’s hard to put a lot of boxes in a Baron. Even the Learjets are not really suited for carrying big boxes because of the shape of the aircraft, but you can fit a lot in a Caravan because of its almost square fuselage.”
Sumser further explains that although a Caravan’s direct operating cost is slightly more than for a Baron or 310, when the big Cessna is compared on a cost vs. volume basis to those aircraft, it’s actually cheaper to operate. “The cost per pound mile is significantly better,” he states.