The State of Shpadoinkle

Shpadoinkle Aviation Holdings has been in a period of stagnation/slow decline for a while now.

I’ve achieved almost everything an individual can hope to  achieve in FSE. Some stats:

Aircraft. Shpadoinkle currently owns 12 aircraft, including 2 30+seat turboprop airliners, and 4 aircraft with payware tail numbers.

FBO network. The pride of Shpadoinkle is definitely its expansive FBO network, spanning 49 airports with 3 lot FBOs on ALL 7 continents spaced at sub 3000 mile intervals, with many 3 lot FBOs located at nation/state capitals and other airports with good name recognition. In addition, Shpadoinkle rents passenger terminals at many other major airports to recreate interesting flights.

“Passive” income. Profit-revenue from FBOs pay for about 50% of Shpadoinkle’s monthly operating costs. While this is not top tier by any means, very few FBOs are in the passively profitable top tier.

Active income. From the very beginning, the Shpadoinkle network and various flying procedures were optimized for maximum income per real hour. Over time I have restructured the company for less profitable but more realistic long distance airline-style routes, but a significant portion of the network continues to serve highly profitable flights to this day.

The future. I am definitely considering downsizing and perhaps abandoning some of the rules that shaped the Shpadoinkle network. I have no immediate or specific plans for anything and enough cash reserves to take my time figuring things out. I still make the occasional flight as well.

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