How to spend the money on parent company?

English Boards General
1

So i have about 700.000$ on my parent company and i have no idea how to spend it. I want to make this airline a long haul one, when the currently used airline grow big enough to support it. So this money just standing there, unused and its frustrating me:c

Cormoran Airlines on Riem, if it helps

2

I'm in a terribly good monday mood, so let me help you out. Check your PM @ Riem.

3

You cannot really do much with 700k. You need at least 3 MM to start a new sub. You can move the money to the parent company by buying and selling plane via asset management (transfer to parent company without compensation, sell to sub for full value, rinse and repeat). This is only possible if the sub is not listed on the stock market. please note you will need to buy an aircraft for this 100% cash (so the 700k capital will be already reduced). It's not worth starting moving money around unless you have 25-30 million or more laying around unused. Anything else, you better invest up in the current company for its growth.

4

Holy shit the sub is listed

5

Lol man listed subs suck I have one and it has more than a BI seating around not much you can do lol… maybe one day AS could give the opportunity to turn a listed airline to private if you won a certain amount of shares like mine that I won 99% of it…

6

Giving up that 15% every week stings once you list.   But if you are able to buy back your shares it can be a good way to move money into the parent company without having to play the airplane moving game.

I really, really, don't understand why we can't just transfer cash between 100% owned parent and subs without playing the plane game?

7

That’s a fact also but we’ll you don’t get 15% of bi you get 15% of the profit so… well, when you reach a about of woned frames it’s easy to transfer money… the biggest problem is having a amount of money where you don’t really have where to use it…

8

Once you have enough money to move it gets annoying moving the same stupid plane back and forth between companies.  The end result is the same...you've moved money from sub to parent or vice versa.  It is just silly that something that should take 2 seconds and a couple of clicks instead takes ten minutes and 100 clicks later.  (I once move one ATR 30 times back and forth after letting the company go on autopilot for 2 months.)