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Virtual Money (Read 316 times)
Jun 13th, 2003 at 11:41am

va_chairman   Offline
Colonel
Albany, NY (KALB)

Gender: male
Posts: 17
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Does anyone have any suggestions on how, when running a VA, the management team could create revenue (based on passenger loads) that could be divided as a) pilot salary and b) corporate income?  That way the more pilots we have, and the more hours they log, the more money we could use to spend on aircraft, hubs, etc...thanks!
 

No, Orville. You went last time.&&&&&&(P4 2.0Ghz, 640mb RAM, 40GB HD, 17-inch monitor, stock speakers w/ sub)
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Reply #1 - Jun 13th, 2003 at 11:55am
Oso   Ex Member

 
Here! This fellow has a novel approach to the problem.

http://www.cnn.com/2003/LAW/06/13/phony.airline.ap/index.html


Although I wouldn't try this at home myself.  Grin
 
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Reply #2 - Jun 13th, 2003 at 12:03pm

Craig.   Offline
Colonel
Birmingham

Gender: male
Posts: 18590
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it would a be difficult process really.
you would have to look into the standard costs of tickets in the real world, then look into the loads these routes get, then take into account the opperating costs, landing fees, and all the other costs. obviously as its just fun why not just say flights from east to west coast charge $150 a person economy $400 business and $600 first. pretty much  same for all domestic and then figure out international.  cargo income to. pilots pay is a tricky thing, i have heard some senior pilots are on $200+ an hour, where as some are barely on enough to pay for the hotel room.  if you want to be real accurate you could make it so your loosing over $4million a day(thats the average now isnt it)Smiley
well this is long winded enough, tell me if i am even close to what you wanted if not i will try some other ideas
Craig
 
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Reply #3 - Jun 13th, 2003 at 12:44pm

chops   Offline
Colonel

Posts: 179
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The VA I am in (livewire) pays a set amount which differs by the flight.  However, revenue, economy, inactive pilots, etc is all fed into the equation that determines the airline's stcok price, which we can all buy shares of with our virtual money.  we can also make outside investments and even gainshare on specific planes.

check out the link in my sig.  The way we handle money may give you some ideas.

oh and craggie . . .WHO is the girl in your picture now?
 

First Solo: 12/04/2004 KBVY Warrior N2159H&&...
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Reply #4 - Jun 13th, 2003 at 12:53pm

Craig.   Offline
Colonel
Birmingham

Gender: male
Posts: 18590
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a temporary stop gap picture. a few people can guess and a quick trip the the general discussion will give you a few more clues. sadly its not so clear but its ok.
 
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Reply #5 - Jun 13th, 2003 at 12:59pm

Ronnie   Offline
Colonel
December 17, 1903. The
reason for FS.
Texas, USA

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Posts: 620
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Would it happen to be your girlfriend?
 
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Reply #6 - Jun 13th, 2003 at 3:41pm

Craig.   Offline
Colonel
Birmingham

Gender: male
Posts: 18590
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Ex, and before i get a berating and butt kicking from people(hagar,ozzy and rifleman in particular), its only a temp thing i like a little eye candy in my posts, and since every one else has the cool posts, i thought i would go for that till i can find another Alyson Hannigan pic
 
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Reply #7 - Jun 14th, 2003 at 2:01am

BFMF   Offline
Colonel
Pacific Northwest

Gender: male
Posts: 19820
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I forget the website addresses, but there is a virtual stock market and virtual bank dedicated to virtual airlines. Join a virtual airline and they will pay you virtual money and put it in you bank account. From there you can invest in VA stocks or actually 'purchase' stuff for your company
 
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Reply #8 - Jun 14th, 2003 at 2:41am

Rifleman   Offline
Colonel
" Full size A/C are just
overgrown models ! "
Tropical island in the Pacific

Posts: 6622
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I can volunteer for the virtual security and customs .....I really hate the way they have always treated me so I know all the bad stuff to hand back .....
 

...
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Reply #9 - Jun 14th, 2003 at 4:40am

packercolinl   Offline
Colonel
Any more laid back I'd
be asleep!

Posts: 1049
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I'd like to do virtual baggage handling. I did apply for a handlers job on a start up airline once but it went broke before I got on the job.  Grin
 

White on White fly all night.&&&&Red on White you're alright.&&&&Red on Red you'll soon be dead.
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