Call for a fundraising
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.