yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

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.

More Articles

View All
Amor Fati | Stoic Exercises For Inner Peace
In one of my earlier videos, I have talked about amor fati. Amor fati means ‘love of fate’, and is a concept in Stoic philosophy but also in the works of Nietzsche. The idea is to love and embrace whatever the outcome is, no matter how hard we work toward…
Hinduism Introduction: Core ideas of Brahman, Atman, Samsara and Moksha | History | Khan Academy
We’re now going to talk about Hinduism, which is one of the largest religions on Earth, practiced by over a billion people. It’s interesting for several reasons. First, it is considered to be one of the oldest religions that is still practiced. Some histo…
A Rugged Film Location - Behind the Scenes | Life Below Zero
We are here to document the lives of people living in Alaska. The harsh reality is the environment we’re up against; it makes it tough to do our job. Their working on Life Below Zero can be very dangerous—guns here, cameras here. You never know what to ex…
The Life of a Baby Polar Bear - Ep. 4 | Wildlife: The Big Freeze
[Narrator] Before becoming the biggest land predator on the planet, polar bears are born small and helpless. They must then embark on an odyssey to grow more than 100 times their weight. And learn everything they need to survive before their mother abando…
One-sided limits from tables | Limits and continuity | AP Calculus AB | Khan Academy
The function ( f ) is defined over the real numbers. This table gives select values of ( f ). We have our table here; for any of these ( x ) values, it gives the corresponding ( f(x) ). What is a reasonable estimate for the limit of ( f(x) ) as ( x ) appr…
Culinary Destinations | Epcot Becoming Episode 4 | National Geographic
Okay, perfect. The food should have a story. Something you remember for years to come. This is delicious. The creations of the chefs here at EPCOT represent the connecting of different cultures around the world. More than 40 food and drink spots offer uni…