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
Ray Dalio & Bill Belichick on Going From Nothing to Something Big: Part 1
I think the interesting thing, one of the most interesting things of the book was when you talked about going from, what was it, a four-person company? Well, it started with me and another guy, and yeah, three people. Three, okay. And how many? 1500? 1500…
What Credit Card Companies Don’t Tell You
What’s up guys? It’s Graham here. So it’s that time again, and that’s time for another credit card video. Now even though most of us by now know how to properly use a credit card, we understand the concepts. We know to pay off our bill in full every singl…
The Market Revolution - part 3
So why do we care about the market Revolution? The Industrial Revolution and the transportation and communication Revolutions of the early 19th century had a major impact on American society both in the short term and in the long term. In this video, I wa…
Using matrices to manipulate data: Pet store | Matrices | Precalculus | Khan Academy
We’re told a certain pet store chain has three types of dog food, and each comes in bags of two different sizes. Matrix A represents the store’s inventory at location A, where rows are food types and columns are bag sizes. So, see, it’s store A that’s wha…
Ancient Egypt 101 | National Geographic
The ancient Egyptian civilization lasted for over 3,000 years and became one of the most powerful and iconic civilizations in history. At its height, ancient Egypt’s empire stretched as far north as modern-day Syria and as far south as today’s Sudan. But …
To everyone that says “Spend your money NOW! You might not be alive tomorrow!”
You don’t need money and things to be fulfilled because once you escape that mindset, you realize that there is no price to happiness because it was free all along. What’s up, you guys? It’s Graham here. So, gonna go a little bit more personal and maybe …