The 150 hour rule to buy an airplane.

less than 1m read

·Nov 3, 2024

Some people say, “Well, I want to buy an airplane. I'm going to fly 50 hours a year. I could rent it out the rest.” Your business is not to rent airplanes. You're going to get a headache from all the costs and all the different things that are going to come hitting you.

Nobody really buys an airplane for personal use only. It just doesn't happen. It's too expensive, and it's just not practical. If you really have a need for 150 hours, it's not that it makes it cheaper to buy a plane once you go 150 hours or more, but logistically, it's easier.

During COVID, when the demand became so strong, it was staggering. Many negative surprises that people had when an airplane showed up because there was nothing available. They would take anything, and that's where the fractional operators really, really grew.

They have airplanes that are less than a few years old. You pay a management fee, and you only buy a fraction of the airplane for the amount of hours you really need. I'm not trying to put myself out of business, but if you're only flying 100 hours and you want consistency, go buy one of those shares. It's a smaller upfront fee to buy an eighth of an airplane.

Let's say it's 100 hours, and then you pay a monthly rate, and you get a specific airplane.

How I Developed the Principled Way of Thinking

Testing a Shark Deterrent | Shark Beach with Chris Hemsworth

View All

How The Immune System ACTUALLY Works – IMMUNE

The human immune system is the most complex biological system we know after the human brain, and yet most of us never learn how it works or what it is. Your immune system consists of hundreds of tiny and two large organs. It has its own transport network …

The Scale of The Universe

Powers of ten are pretty cool. They’re actually pretty powerful, if you know what I’m saying. But what is the power of ten in math? A power of ten is any integer power of the number ten, basically ten multiplied by itself a certain number of times, any nu…

What if the Earth Was Flat?

The Earth isn’t flat. This is something we’ve known now for thousands of years. Aristotle proved it empirically by traveling to Egypt and witnessing new constellations of stars from the other side of the globe. After Eratosthenes used no more than a stick…

Linkage institutions and political parties | US government and civics | Khan Academy

In many videos, we have talked about the makeup of government at either the federal or the state level. We’ve talked about branches of government; we’ve talked about checks and balances. What we’re going to talk about in this video is how people interface…

Great Schism part 1

In previous videos, we talked about the dramatic turnaround in the 4th century in terms of how Christianity was treated in the Roman Empire. As you enter into the 4th century, it’s persecuted by Diocletian, but then Constantine takes power. He’s sympathet…

Minimum efficient scale and market concentration | APⓇ Microeconomics | Khan Academy

In this video, we’re going to think about the concept of minimum efficient scale and then how that impacts market concentration. We’re going to make sure we understand what both of these ideas are. So first of all, minimum efficient scale, you can view i…

The 150 hour rule to buy an airplane.

More Articles