
I thought that working in the media was a precarious career path until I started to learn more about the executive charter business. In the media these days we struggle to understand how our hard work will be paid for, with readers less and less willing to pay for our words and pictures and advertising budgets shrinking. Evidently, too many people out there think that a credible free press comes for free. Then there’s the daily threat of unscrupulous online rivals stealing our materials and presenting the fruits of our labors as their own. Go sue us, they sneer when challenged.
Charter operators face some similar challenges in what has become a decidedly shaky business plan now threatened by further financial meltdown. In the October and November monthly editions of AIN you’ll be able to read our latest special report on the charter and fractional ownership industries. We’ll be detailing the pressures these companies now face, but, for the time being, here’s a summary of why I’m still glad to be a wage-slave reporter rather than trying to scratch a living as a charter operator: