How Much It Costs To Start An Airlines Company? Biggest Expense, Personal Loans (EP.022)

If you enjoyed this episode, make sure to check out this episode with Sunnamusk CEO Kazi Abidur Rahman: • Kazi Abidur Rahman on ...
00:00 Trailer
01:05 Start
07:06 What would you do differently?
08:49 Why not fund this yourself?
10:06 How does it feel to be out of control?
34:43 How was the £200k allocated?
42:45 First Airplane Lease
47:31 Biggest expenses.
50:55 Where did the money come from?
53:42 Did you get conned on the prices?
54:45 How long until the funds were dried up?
57:44 Are you going to pay people back?
1:02:12 How much do you owe in personal loans?
1:05:19 Final thoughts
In this final episode of the 3 part Firnas story, KSR looks back on the highs and lows of launching an airlines company. From reflections on pivotal decisions to navigating the complexities of external funding, he explores the emotional toll of being out of control and delves into the meticulous financial breakdown. He gives us an insight into the challenges of negotiating the first airplane lease, confronting the unexpected expenses, and learning about diverse funding sources. The episode scrutinises pricing transparency, fund depletion, and repayment challenges, offering insights into the personal toll with reflections on personal loans. As always, if you enjoy this episode, please make sure to like, share and subscribe for more... 🚀✈️
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Пікірлер: 30

  • @JeffreyAli
    @JeffreyAli6 ай бұрын

    Inshallah I'm sure Firnas will rise again, Amazing story bro, we need more people in the world who dare to dream!

  • @bibrahim1155
    @bibrahim11552 ай бұрын

    Stay strong bro despite the setback with your plane startup. Begin afresh in Africa. Your positivity, faith, and resilience will pave the path to success. Remember, failure is a part of the journey to triumph. Sending support from Somalia 🇸🇴

  • @kennohajiyusuf9991
    @kennohajiyusuf99912 ай бұрын

    Good to hear this story. Being in route planning I can attest to the cost of these ventures. Don’t give up on the dream!

  • @misschowmeiin8858
    @misschowmeiin88583 ай бұрын

    May Allah make you set up your own successful airline soon inshaAllah!

  • @Whateveseeedeeeeate
    @Whateveseeedeeeeate5 ай бұрын

    Seems like a nice guy. May Allah make it easy for him and I pray you go on to becoming a billionaire and settle all your debts and be successful in this dunya and the akhirah. Ameen

  • @C43AM
    @C43AM6 ай бұрын

    Very good podcast watched from start to finish

  • @mdaburayhan9101
    @mdaburayhan91012 ай бұрын

    Amazing work

  • @123sumom
    @123sumom6 ай бұрын

    Amazing raw stuff very honset

  • @michealterning9815
    @michealterning98153 ай бұрын

    Brother stop doing airline business all together I would learn then move on and find another venture that inshallah would help me and provide the necessary means and find one area and grow from it like your perfume business don’t go too big it’s might doom you at the end may Allah protect you and us from these trials and make your affairs easy. Ameen

  • @yasararafath3203
    @yasararafath32036 ай бұрын

    Assalamu alaikum, Brother I have been following you from linked in for the past 5 years. Would it be possible to be a part of your team.

  • @user-vj8sr4mv4c
    @user-vj8sr4mv4c2 ай бұрын

    I feel sorry for this guy 😢

  • @ZubairGhanchi-wp2um
    @ZubairGhanchi-wp2um2 ай бұрын

    Kazi whats abdul raqib up to he gave you very bad advice regarding airline bussiness

  • @as7549
    @as75495 ай бұрын

    Hold your head up. We all make mistakes. Allah knows the truth and truth always wins. Your time will come again.

  • @AyyR-tx3gg
    @AyyR-tx3gg5 ай бұрын

    Any investor that lost money with this guy probably deserved it. How could you be comfortable investing in a guy who has no experience whatsoever in the airline industry. Taking a few flying lessons does not mean you are ready to take on the likes of Biman Airlines.

  • @kaz4845

    @kaz4845

    3 ай бұрын

    Yeah it's idiotic...

  • @aminkhan1292
    @aminkhan12923 ай бұрын

    A mustache makes a big difference

  • @kazishafiqur

    @kazishafiqur

    3 ай бұрын

    For the better or worse? 😂

  • @ZubairGhanchi-wp2um

    @ZubairGhanchi-wp2um

    2 ай бұрын

    ​@@kazishafiqurabdul raqib give you bad advice he was a snake he didn't know nothing about airline bussiness how can you have a plane going to irland with no alcohol they arexthe biggest drinkers

  • @ridwanmiahsalafibengali5628

    @ridwanmiahsalafibengali5628

    21 күн бұрын

    Well his a Muslim and doesn't want to serve alcohol

  • @ZubairGhanchi-wp2um

    @ZubairGhanchi-wp2um

    21 күн бұрын

    @@ridwanmiahsalafibengali5628 he didn't have a clue about airline business it was just a hobby he liked planes he cost the brother a lot of money why didn't he advice Hajj Umrah packages instead ?

  • @aminkhan1292

    @aminkhan1292

    18 күн бұрын

    @@ZubairGhanchi-wp2um hajj and umrah is self service, not much money in it as before

  • @spiderhussain8795
    @spiderhussain87955 ай бұрын

    I was an investor in Firnas. Got burnt by these guys. Not planning on investing again with these guys.

  • @masudahmed6029

    @masudahmed6029

    5 ай бұрын

    How much did you invest

  • @spiderhussain8795

    @spiderhussain8795

    5 ай бұрын

    @masudahmed6029 that I wouldn't share on a public platform. You could invest via Eureeca a crowdfunding website that was selling shares in behalf of Firnas.

  • @mj4lyfe2009

    @mj4lyfe2009

    3 ай бұрын

    Would you share a bit about your experience?

  • @spiderhussain8795

    @spiderhussain8795

    3 ай бұрын

    @mj4lyfe2009 these guys chopped and changed things as they went along. Covid didn't help but felt like they were careless with investors money. Eventually leading to investors losing everything. I would never invest with them on such a venture again. They were raising money through the website Eureeca. The head of compliance is actually investigating

  • @mj4lyfe2009

    @mj4lyfe2009

    3 ай бұрын

    @@spiderhussain8795 thank you for your response and sorry to hear about your experience

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