Lots of prestige in owning your own airline.\n\nYou may discover a profitable route that is available for you to service. (Your can run an airline with only one plane and only one route)\n\nOn the other hand,\n\nCrafts are EXTREMELY expensive to run/maintain/service\n\nFuel is extremely EXPENSIVE.\n\nPilots wages are EXTREMEMLY expensive.\n\nPolitics and newspaper headlines can SEVERELY DAMAGE your airline business. eg 9/11. \n\nThe industry is EXTREMELY competitive.\n\n\nMajority of your business is from holiday makers/vaccationers every summer and is NEVER guaranteed.
Why are no airlines profitable?