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
Contour plots | Multivariable calculus | Khan Academy
So I have here a three-dimensional graph, um, and that means that it’s representing some kind of function that has a two-dimensional input and a one-dimensional output. So that might look something like f(x, y) = and then just some expression that has a b…
Adorable Bear Cubs Crash Campsite | Expedition Raw
So I just came around the corner, found this female on the beach here, and I thought I recognized her. She’s one of the mothers as having cubs. So I was looking for the cubs all up in the forest here, and then all of a sudden I was like, “Ah, there they a…
Warren Buffett: America's 'Incredible' Days are OVER
America’s Incredible Days Are Over, and those aren’t my words. This is coming directly from legendary investor Warren Buffett, and at 92 years old, let’s just say he knows a thing or two about what it’s like to see an economy shift from boom times into a …
Calculating height using energy | Modeling Energy | High School Physics | Khan Academy
So I have an uncompressed spring here, and this spring has a spring constant of 4 newtons per meter. Then, I take a 10 gram mass, a 10 gram ball, and I put it at the top of the spring. I push down to compress that spring by 10 centimeters. Let’s call that…
Why Should We Go to Mars? | MARS
[Music] The reason humans should go to Mars is because we’re human. I mean, we are an exploring species. It’s what’s made us the dominant species on this planet. If we only lived in one little plot of land on Earth and we never went anywhere, I would say,…
Decoding home listings | Housing | Financial Literacy | Khan Academy
What we’re going to do in this video is just make sure we know what’s going on when we are looking at listings of homes. I’m going to do this on Redfin. There are other sites like Zillow and there are several others that people often use when they’re look…