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
Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20)
All right, uh good afternoon and welcome to the last class of how to start a startup. So, this is a little bit different than every other class. Every other class has been things that you should be thinking about in general at the beginning of a startup. …
Geometric random variables introduction | Random variables | AP Statistics | Khan Academy
So, I have two different random variables here, and what I want to do is think about what type of random variables they are. So, this first random variable X is equal to the number of sixes after 12 rolls of a fair die. Well, this looks pretty much like …
Food and energy in organisms | Middle school biology | Khan Academy
Hey, quick question for you. You ever look at a person’s baby pictures and wonder how people go from being small to, well, big? I mean, yes, I get it; people grow up, but here I’m thinking more on the level of the atoms and molecules that make up the body…
Find Your Bliss in Patagonia | National Geographic
Every year, about 100,000 visitors head to a remote location known as the end of the world: it’s Torres del Paine National Park in Chile’s Patagonia region. Here, adventurers find bliss amongst the dramatic terrain that includes glaciers, fjords, and moun…
Grizzly Bears in Yellowstone, LIVE! | Yellowstone Live
Hi everyone and welcome to West Yellowstone Montana! We are live at the Grizzly & Wolf Discovery Center sponsored by Microsoft Surface. My name is Kelly Barret, and I’m here with Sarah, a naturalist here at the center. Sarah is going to be sharing all…
Time differences | Math | 3rd grade | Khan Academy
How much time has passed from the time on the left to the time on the right? So, we have a clock on the left and a clock on the right with different times shown, and we want to know how much time has passed since the clock said, “Read this first time,” t…