Dan McKinnon started an airline with one airplane. To do so required filing more than 10,000 pages of manuals, ordering 50,000 luggage tags, buying more than $500 million in insurance, and spending more than $300,000 to train employees. A single inspection test cost $18,000.

Evaluate whether you think this airline is a good entrepreneurial opportunity, and discuss why you think Dan McKinnon undertook it.