My classmates in AIM and Ateneo and very rich yuppy (now company presidents) clients in the stock market intend to put up [Albay Air] just in time for the opening of the Daraga Intl. Airport by May 2016. We would do - Incheon-Daraga, HK-Daraga, Singapore-Daraga and Bangkok-Daraga. Locally, we will service short flights to Daraga-Virac, Daraga-Ticao, Daraga-Milagros and Daraga-Catbalogan. Guess what, we did the FS (our bread and butter), the FIRR is 46%. We will lease the planes and we will pirate pilots and FAs. Ground staff and plane maintenance will be outsourced to Macroasia.
Posted on: Wed, 28 May 2014 23:43:58 +0000
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