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

How can a private jet make you money?


less than 1m read
·Nov 3, 2024

Can I have two planes, one 420 and then one 48? So you want one airplane that goes from London to Dubai and one airplane that does basically Western Europe?

Yeah, my father runs the business. I'm glad that he let me do this dealing. How many hours do you think you're going to fly a year?

In a week, I'm traveling at least two times, 200 hours a year.

Yeah, the fixed cost to that kind of an airplane is probably somewhere around $7,800,000, and if you can rent it out 200 hours a year, $2,000 an hour, it's $400,000 a year you can make in profit.

What are jets I can get in this budget? So let's look at the possibilities. This is everything that can hold eight people that's $8 million or less. Citation 10, anywhere between $2.5 and $6 million, and then the Sovereign, they go from $9 million down to $5 million. You'll be able to buy a Challenger 604 for $6.7 million.

It's a much bigger airplane, but your operating cost will be higher. For example, the Sovereign will cost you about $4,400 an hour; Challenger 604, 50% more. If you find $200 a year and $4,500.

More Articles

View All
Rediscovering Youth on the Colorado River | Short Film Showcase
[Music] When I was born in the summer of ‘86, my dad wrote me these words: “The important places, child of mine, come as you grow. In youth you will learn the secret places: the cave behind the waterfall, the arms of the oak that hold you high, the stars…
This Disease is Deadlier Than The Plague
Hello, Steve here. Today I am moving over as the voice of Kurzgesagt for something really special. Our dearest friend John Green would like to tell you a story that’s very close to his heart. So, let’s hear it from him directly. Hey, John! Hey, Steve. T…
The Benefits of Ignoring People
The Book of Genesis recounts how Noah, following God’s orders, built an ark to survive a global flood, a task he was determined to complete. But people met him with ridicule when carrying out his task, as they found it hard to believe such an event could …
Medical Reason for Visions? | The Story of God
Ian Ball had never been a religious person. He never really thought about God. But scarring from brain surgery brought on a series of visions that made him question everything. “It’s carried on for about three or four weeks. About how often? Every day. E…
Startup Experts Reveal Their Favorite Pivot Stories
You don’t know what the thing is that you’re chasing when you wake up every morning? Then you probably need to pivot. Right? So many founders have to work on the wrong thing before finding the right thing. It’s like they’ve internalized, “I’m gonna fail, …
The Zipf Mystery
Hey, Vsauce. Michael here. About 6 percent of everything you say and read and write is the “the” - is the most used word in the English language. About one out of every 16 words we encounter on a daily basis is “the.” The top 20 most common English words …