Sorry for being sarcastic, but the word “wise” triggered me off. This sounds like classical Dunning–Kruger effect
Wisdom is based on experience and knowledge. What do you know about airline profitability? Did you even google it? Do you have experience running an airline? Whats your knowledge about the competitive situation? Wouldn’t it be “wise” to check some basics here?
Question: Is it wise to found a political party in China?
- Does Thailand have some sort of low season where flights and activities are cheaper and affordable?
- Was ist die Verwendung einer Bordkarte?
- Which airlines fly to Alaska?
- How is an airplane tail designed?
- Wie viel Gepäck dürfen Sie mitnehmen, wenn Sie in die USA reisen, um dort zu studieren?
It’s not only not wise, its ridiculously stupid. Stupid (I know people will bash me for this) because a little bit of market research would show that there are other places in East Asia where it would be a lot easier. So even considering Singapore is “not wise”. Running an airline is a notoriously unprofitable business. Many survive and have survived only by subsidies, state intervention.
Any little political crisis, SARS, economic crisis, oil price movement, politics, vulcanic eruption, accident (or two, by chance, within three months, even if caused not by you, but by some weirdos with rockets or some suicidal pilot) can mess up your beautiful business plan and you can do nothing about it (There are six references to recent events in the last paragraph, if you cannot put a year and place behind each of them within 2min you should not even consider to spell the word “airline business”)
An airline is tied to an airport, that is landing slots (on both ends) and other facilities. So we go up against Singapore airlines, surely Changi will give you preference and if not, there are other airports in Singapore that will happily handle your flight.
Note: I’m not an airline expert, having worked with multiple airlines as my customers, I know just enough about running airlines, that I’m on the low point of the Dunning Krueger confidence graph. It scares the hell out of me to even think about running one.