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Posted On: 08/27/2017 2:33:05 PM
Post# of 41414
Re: USGL investor #36356
I will check on this and get back to you. My understanding was that the cost of a 767 lease compared to the 737 didn't seem favorable at this time. I recently learned that, interestingly, charter flight revenue isn't affected by capacity. It is the travel agency's job to book the plane, and USGlobal will get paid whether there is 1 guy on board or a full flight. Another incentive for 737s over 767s. So it probably has higher profit margins than a 767 could provide at this time. But I'll see if Songbird's Part 121 has 767s added on.
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