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Re: boardrider post# 93747

Friday, 03/19/2010 12:59:39 PM

Friday, March 19, 2010 12:59:39 PM

Post# of 375420
LMAO.

Let me simplify this for those without a clue or any idea of running a business.

Lets see, I can pay another company millions of dollars a year to provide maintenance on our planes or I can acquire a company that does this and keep the maintenance inhouse.

Still having trouble grasping this?

Lets say the maintenance company has an annual payroll of $500k. Lets say Quasar will have an annual expense of $1M in labor only to an outside company to maintain their planes. By buying the company and putting their staff on payroll there would be a cost savings of $500k.

Simple enough?

Cost savings go straight to bottom line profits.

Smart business move by Quasar.

IMHO BWTFDIK!