El Chupacabra
Well-known member
- Joined
- Oct 27, 2004
- Posts
- 527
I am not confused.
The company claimed that charter costs were higher than the OCCUPIED HOURLY FEES we charge owners. This is correct. However those fees are only a Fraction of the fees owners pay.
Also... 800 occupied hours per year in each airplane is a full share. Now when we selloff 100 hours to charter on that airplane... does that mean we do not fly the full 800 hours? Do we only fly 700 hours on that plane?
No we fly that 100 hours... and we put JetCard holder hours on it. We also fly EJM charter flights on these planes.
You see. We buy 100 hours of charter... but we then... in addition to the monies already paid by our owners... get to sell 100 hours that were not flown on the QS airplane. Revenues are generated. This more than compensates for the cost of selloff charter but is not mentioned.
When I fly EJM charter... are the revenues generated reckoned to NJA or EJM?
The simplistic argument was presented by management... mentioning ONLY the occupied hourly fee... not all the other monies which dwarf those fees... and the fact that the hours not flown on the owners plane are flown to create jetcard and charter revenues... and this revenue is not counted in the company's simplistic argument.
The company claimed that charter costs were higher than the OCCUPIED HOURLY FEES we charge owners. This is correct. However those fees are only a Fraction of the fees owners pay.
Also... 800 occupied hours per year in each airplane is a full share. Now when we selloff 100 hours to charter on that airplane... does that mean we do not fly the full 800 hours? Do we only fly 700 hours on that plane?
No we fly that 100 hours... and we put JetCard holder hours on it. We also fly EJM charter flights on these planes.
You see. We buy 100 hours of charter... but we then... in addition to the monies already paid by our owners... get to sell 100 hours that were not flown on the QS airplane. Revenues are generated. This more than compensates for the cost of selloff charter but is not mentioned.
When I fly EJM charter... are the revenues generated reckoned to NJA or EJM?
The simplistic argument was presented by management... mentioning ONLY the occupied hourly fee... not all the other monies which dwarf those fees... and the fact that the hours not flown on the owners plane are flown to create jetcard and charter revenues... and this revenue is not counted in the company's simplistic argument.