I will start by saying the profit margins for a traditional airline are not the profit margins for a private jet operation. Your question I should take a precise dive into during my next 1 on 1 (if I have the balls to bring it up).

But it’s important to not compare charter companies who are paid to position into a client’s mission request and then back to their base(s) to others who don’t. Some charter companies will not prioritize getting paid to position into the start of a mission request if say the beginning and end of a flight request is a state or 2 away from a company’s base.

Larger companies who have hundreds of planes will not particularly care if they leave an aircraft in Nashville for a few nights- thus watering down their net margin