SMN 1.72% 57.0¢ structural monitoring systems plc

Doing your sums, page-3

  1. 1,361 Posts.
    lightbulb Created with Sketch. 347
    I think you are very overly optimistic
    Lets say a 737 costs $80m. (This is about the list price I believe airlines get a big discount) and
    the plane lasts 20 years.

    An airline might expect 10% on investment (high at the moment of low interest rates) so would want to
    make $8m per year and write of $4m per year i.e. total sum of .$12m/per year
    Divide this by 365 =$32876 per day.

    Okay you have to hire a hanger and pay people to do the maintenance but offsetting this you can do
    the inspection during a period of low aircraft requirements
 
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