Call for a fundraising

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Dear Editor,

Re: Samoa Airways lease cost 

Six months planning is not enough for such undertaking considering having an airline. They should have a public offering to raise more money to secure funding for the long run. $50 million to start out with is not bad, however you can always have a second offering if you need more.

You will lose money in the first and the second year, until you establish enough clientele to generate steady income. 

I don’t know how they will survive if they don’t have enough cushion to start out with. 

It doesn’t look good considering huge expenses to start out with.

 

Leituala Roger B.

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