obx
Well-Known Member
I guess that I don't understand why people are unable to see the unfair advantage that the ME3 have over US and EU carriers. When you have the ability to subsidize your business with incomes from other businesses and state entities, you can invest all the money you want and operate that business at a loss. Those are the advantages the ME3 enjoy. Of course they're investing billions in kitchens, flight training airports, and Cirruses. They answer to no share holders and have no real reason to post a profit.
If you owned a restaurant and were beholden to purchasing your inventory at fair market value from suppliers, paid fair market rent to a landlord, complied with state and federal labor laws, and paid taxes to the local, state, and federal governments--you'd be operating on the same playing field as your competition.
Now if I moved in down the block and had a similar restaurant that I operated at a loss and as a hobby because I was A.) rich from a bunch of other businesses I owned; and B.) I enjoyed the following advantages: My brother was one of the big suppliers of inventory so he gave it to me at a ridiculous discount or for free. My sister was the governor so people in her administration held me to a relaxed standard regarding some creative labor and tax laws interpretations. My dad ran the health department in town, so inspections weren't an issue. My uncle owned the building my restaurant was in so I paid no rent. And I could operate the restaurant with only a few people eating there each night because the restaurant didn't need to make a profit. I just might have fancier table clothes, silverware, ovens and Alto Shams than you. Why? Because I invested more in the business--duh. But the question being asked isn't whether or not I invested more in that business, the question is how much more was I able to invest in that and why was I able to do so?
The answer is because I was able to circumvent much of the regulatory and traditional expenses that you're restaurant Required to comply with and spend HUGE amounts of money on. Therefore we operated our restaurants in vastly different operating environments. In fact, one might say the operating environments weren't fair.
obx, A moment agoEditDeleteReport
#41+ QuoteReply
, but at the same time, I really want to know. 