How Does Tiny Cape Air Turn a Profit?
Oct 20th, 2008 | By Jared Blank(Thanks, USA Today Blog…)
The Boston Globe has an interesting profile of Cape Air, which serves small cities in the northeast by flying 9-seater Cessnas. The tiny carrier, which expects to earn a profit on its $70 million operation, has weathered the fuel storm because they have used aviation gas instead of jet fuel - aviation gas has always been expensive, and they didn’t face a huge spike in their fuel costs. There’s plenty of detail in the article - it’s a good read…