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So they sold seats on smaller jets ("private jets") between 10 cities. They may not have realized it, but they were just an airline with really bad economics.
by spitfire 13y ago
So they sold seats on smaller jets ("private jets") between 10 cities. They may not have realized it, but they were just an airline with really bad economics.
Hint: You don't want to own the heavy inventory, just have control of it when needed. Uber doesn't own the cars.
- jmacd 13y agoBlackjet didn't own the jets.
- spitfire 13y agoThey were buying some sort of inventory (seats or flights outright), correct? -> You are now an airline. airbnb, über, ebay and craigslist don't have any expensive inventory. They just provide the eyeballs and matching venue to make business happen. That's what those guys should have done.