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[quote user="Phoebe Vet"] [quote user="Sam1"] If UPS or any other shipper had to wear the market cost of shipping by HSR, given its cost structure, they could not afford to do so.  [/quote] That's what Fred Smith's college professor told him about his idea for FedEx. [/quote]   Fred Smith started FedEx with a solid, self sustaining business model.  Unlike every HSR project in the world, he received zero subsidies from the government. The first FedEx airplanes were relatively low cost, small, used jets.  They were what the start-up business could sustain.  I was a pilot for an outfit in Hartford, Connecticut.  I remember seeing the inaugural flight into Hartford, which used Brainerd Field, which had lower landing fees than Bradley International, and being impressed with the soundness of his business plan. Successful business people understand the need for a cost effective, sustainable business plan if they want to succeed, which is unlike most government sponsored programs, where the primary skills of the managers is to manipulate the politicians into giving them more taxpayer money irrespective of the viability of their project.  I would love to have the names of the HSR's anywhere in the world that function without massive government subsidies and are able to charge market rates for their services.    By the way, how do you know what Fred Smith's college professor told him?  Where you there?
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