Aeroplex Group Partners assisted Balance Utah in conducting a market analysis and financial feasibility study to determine the viability of commuter airline service between Vernal, Utah and Salt Lake City, Utah. The report provided a market validation, operating analysis and capital analysis to develop a recommended airline business model. Route maps, fleet composition, schedule timetables, and pro-forma financial statements were evaluated based on results from the market analysis and financial feasibility study.
- Evaluated the market validation of a daily flight path from Vernal, UT to Salt Lake City, UT, addressing the need and opportunity of such a transportation service and the feasibility of the service
- Recommended the approximate aircraft type/size and estimated number of people that will use the transportation service based on the market validation analysis
- Provided general estimated capital costs including aircraft acquisition, associated fees to establish service into Salt Lake City International Airport and Provo Airport, and preparation costs for service to begin
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