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How would I get started?

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Re: How would I get started?

#91

I love this idea. Not as something to realistically help you get started, but purely educational. There's so much knowledge tied up exclusively among people "in the industry", that would be great to get out into the public. I would love to know all the things involved in starting an airline. How are planes actually bought? How are mechanics actually procured? What kind of safety regulations are followed? etc. I once…

I worked in the aviation industry for 6 years, so here's a 20 second "Airlines for Dummies" guide :)

1). To acquire aircraft you either buy directly from the manufacturer (Boeing, Airbus, Embraer etc.) or (much more commonly and especially if you only plan on operating a small fleet) you lease them from someone like Macquarie or, in some cases, from another airline who has spare capacity (known as wet and dry leasing).

Alternatively, if you are an existing airline, you can temporarily contract another airline's aircraft under what is known as ACMI. They give you their aircraft and crew and you pay the fuel, landing fees and other taxes. ACMI contracts can be as short as a day or last for years.

2). For mechanics (assuming you mean people), you either hire them directly via specialised aviation staff agencies or you outsource maintenance (e.g. to someone like www.priority.aero)

3). Safety regulations are devised by international bodies such as ICAO and IATA as well as national entities known as Civil Aviation Authorities. Aircraft manufacturers also play a role. It's typically each country's CAA that primarily enforces the regulations on all nationally registered aircraft. In Europe, there is also Eurocontrol which is a pan European governmental body that's responsible for co-ordinating Europe's airspace.

If you wanted to start a new airline (assuming it was to offer charter flights and not scheduled routes), some of the things you'd need to do would be:

1). Decide what type and how many aircraft you need

2). Decide what cabin layout you need (all economoy?, how many rows, how many galleys etc.). This depends largely on who you envisage your customers will be (e.g. are you planning to sell charter capacity to tour operators or do you want to offer a VIP configured fleet to fly wealthy people around).

3). Decide what engines you need (different generations have different range capabilities and maintenance costs)

4). Get your aircraft. If you go the leasing company route, try to get a "power by the hour deal" where you only pay for the hours you fly (the holy grail) or a short 1 or 3 year lease. The market is depressed at the moment so gone are the days where leasing companies demand 5 or 10 year terms.

5). Get insurance. You will need a specialist aviation policy from someone like Lloyds. Although it depends on what aircraft you are insuring and where you plan to fly, a typical policy will offer damage and liability cover in the region of $200 million.

6). Get your crew together (flight, operations and ground staff). Due to minimum rest regulations, you are going to need at least two sets of flight crew for each aircraft if you want to maximise utilisation. For a 180 seater, a typical crew complement consists of: a captain, a first officer, a mechanic and 4 cabin staff. To save on staff costs (at least in theory) you can outsource operations (these are the people that co-ordinate everything -e.g. catering the aircraft, filing flight plans, crew rostering, over flight permits etc.)

7). Get your operating license from the CAA. You can't fly without it.

8). Set up a fuel deal using a fuel broker (or directly with Shell or BP).

???

profit*

-- * Actually there is no profit in running an airline. Seriously, don't do it (trust me).

Re: How would I get started?

#92
post #91

I love this idea. Not as something to realistically help you get started, but purely educational. There's so much knowledge tied up exclusively among people "in the industry", that would be great to get out into the public. I would love to know all the things involved in starting an airline. How are planes actually bought? How are mechanics actually procured? What kind of safety regulations are followed? etc. I once…

I worked in the aviation industry for 6 years, so here's a 20 second "Airlines for Dummies" guide :) 1). To acquire aircraft you either buy directly from the manufacturer (Boeing, Airbus, Embraer etc.) or (much more commonly and especially if you only plan on operating a small fleet) you lease them from someone like Macquarie or, in some cases, from another airline who has spare capacity (known as wet and dry leasing…

That there's no profit is something I've seen repeatedly, including written by Warren Buffet. So my question is where does the capital they burn through each year come from ? What kind of magic business is this where companies are eternally taking losses yet still around ?

Is someone giving them money to burn ?

Re: How would I get started?

#93
post #55

Earlier quoted context omitted.

> Is this sort of thing (algorithmic detection of > middlebrow dismissals) possible? I'll give you a middlebrow dismissal: No. Definitely not at the current state of the art. In fact, not many people agree on whether a given comment qualifies as a "middlebrow" dismissal; personally, I consider many of the examples that pg has labeled as such pertinent points. If in doubt, I prefer a good middlebrow dismissal to the s…

Not an NLP guy by any means, but aren't we at the point where we can at least guess sentiment algorithmically? Couldn't you combine that with the commenter's history, the length of the post and the presence of charged words such as "nonsense" and "silly?"

Ternary sentiment detection rates are currently around 30-40% for Spanish. English rates might be better, but not by a lot. That means you give a piece of text to your classifier and it will tell you correctly if has positive, negative or neutral connotation at most 40% of the time.

In short, we are still worse than a fair coin toss at sentiment detection.

Language is not tricky at all, no sir. Can you see why? :-)

Re: How would I get started?

#94
post #64

I love this idea. Not as something to realistically help you get started, but purely educational. There's so much knowledge tied up exclusively among people "in the industry", that would be great to get out into the public. I would love to know all the things involved in starting an airline. How are planes actually bought? How are mechanics actually procured? What kind of safety regulations are followed? etc. I once…

Yes! I hate how the really valuable knowledge is just tied up inside the walls of big industry. People making money are too busy to teach others how to do their jobs. I'm always in search of these types of answers, and rarely get them on the internet. I've looked up those questions about starting an airline in the past. Maybe we can't start an airline, I understand the barriers to entry, but if we got a look at the m…

Oh no, they are not merely too busy. In most cases, the industry actively wants to exclude others and keep their info to themselves. When I worked at a Fortune 500 company, running my mouth on the internet about the industry could have gotten me fired. I say more these days, now that it is relatively safe. I still don't name the company, just the general industry.

Re: How would I get started?

#95

Earlier quoted context omitted.

If you have a problem with a market, like the cable industry, your first question should be 'Why is it the way it is?' not 'How do I disrupt it?' Asking HN, for good sources that explain the economics of the cable industry or media distribution, or for a list of the key players in the space would have resulted in a much more positive response. Asking HN about how YouTube, Hulu, Netflix, etc. successfully competed aga…

Speaking of lazy, if you know that there's a better question to ask, why not say so to the person instead of dismissing them? Q. "How do I start a rocket company?" A. "Start by asking a different question, such as 'What are the economics of interplanetary exploration?'"

Q. "How do I start a rocket company?" A. "Teach man to yearn for the infinity of space?"

Thinking about it, Kennedy did this pretty well in the '60s.

Re: How would I get started?

#96
post #92
post #91

Earlier quoted context omitted.

I worked in the aviation industry for 6 years, so here's a 20 second "Airlines for Dummies" guide :) 1). To acquire aircraft you either buy directly from the manufacturer (Boeing, Airbus, Embraer etc.) or (much more commonly and especially if you only plan on operating a small fleet) you lease them from someone like Macquarie or, in some cases, from another airline who has spare capacity (known as wet and dry leasing…

That there's no profit is something I've seen repeatedly, including written by Warren Buffet. So my question is where does the capital they burn through each year come from ? What kind of magic business is this where companies are eternally taking losses yet still around ? Is someone giving them money to burn ?

Unfortunately, explaining this will take more than a sentence and it's 00:30 where I am and I need to sleep. But in a nutshell, the whole industry relies on a heady mix of stupid investors, money launderers and state backing. The only people that make money are the brokers (as in most industries...).

Re: How would I get started?

#97
An interesting rant. I've observed that problem solvers also follow something like the inverse power law, which is to say it takes a certain kind of person to attack large problems and as the problems get larger the set of people willing to consider them seriously decreases logarithmically until it asymptotically approaches zero.

In an analagous fashion the "quality" (using karma as a metric of quality) of comments on HN are also quite high and drop off steeply approaching zero. This is reflected both in the comments, and in the karma distribution [1]. The trick is to keep the noise floor high enough for quality reading and low enough that you don't miss out on new people making great comments.

[1] http://www.mcmanis.com/karma-chart.html

Re: How would I get started?

#98
Imagine, as a thought experiment, that HN declared a do-over and took another stab at answering the question. What, specifically, do you want in the new thread that was not present in the old thread, and what do you not want in the new thread that was present in the old thread?

Some potential options:

a) Keep all the facts. Remove conclusory statements which suggest that this is a bad idea.

b) Remove the discouraging facts. Add new facts which tend to not be discouraging, such as "Monthly cable rates are high relative to many B2C products and lifetime values can easily hit the thousands of dollars, allowing you to spend a lot on customer acquisition." Add conclusory statements suggesting that this makes founding a cable company a good idea.

c) Remove discouraging facts about the cable industry, replace with to-do action items which accurately describe the process of how one would set up a cable company (regulatory approvals you'll need, who to hire, how much to raise, etc etc), and very carefully attempt to phrase "Convince investors to stake you with $X0 million" in such a way that it does not sound discouraging.

d) Remove everything about starting a cable company. Treat the question as a springboard about "How to disrupt the cable industry?"

e) Something else?

Re: How would I get started?

#99
>"I’m really disappointed in the universally pessimistic and generally unhelpful answers this question received. Some people pitched some interesting ideas and helpful analysis, but most of the replies reinforced the notion that Hacker News readers are predominantly male know-it-alls and on the average, a bunch of snarky dicks."

This would have been both more convincing and shorter without the anti-male bit. I realize that western media is pretty insensitive to this variety of sexism, but a quick test is to try substituting "black", "female", or "Jewish" where you've written "male". If it sounds offensive, then it probably is.

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