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
Writing equilibrium constant and reaction quotient expressions | AP Chemistry | Khan Academy
The equilibrium constant is symbolized by the letter K, and the equilibrium constant tells us about the relative concentrations of reactants and products at equilibrium. Let’s say we have a hypothetical reaction where reactants A and B turn into products…
See How Dog Sledding Helped This Photographer Get Her Spark Back | Short Film Showcase
A great photograph can make someone change their mind. People don’t know what they don’t know. They have their preconceived ideas; they’ll form an opinion of something that they’ve never really encountered. Sometimes, if a picture is powerful enough, it c…
The Largest Black Hole in the Universe - Size Comparison
The largest things in the universe are black holes. In contrast to things like planets or stars, they have no physical size limit and can literally grow endlessly. Although, in reality, specific things need to happen to create different kinds of black hol…
Fashion Brands You Wear As You Get Richer
The richer you get, the more the way you look changes. And in this video, we’re looking at what brands you start to gravitate toward as your bank account keeps growing. Welcome to Alux! So H&M is the store you walk into when you’re just starting to f…
My Recession Proof Investing Plan For 2020
What’s up you guys? It’s Grinding here. So if you’ve opened up your computer in the last week, which now that I’m thinking about it, actually you’re watching a YouTube video, so obviously you’ve opened up your computer or your phone to just be here listen…
How Bicycles Changed Women's Lives | Origins: The Journey of Humankind
There are always consequences to what we create, often unintended. And some can cause serious problems. But sometimes, those unintended consequences are for the best. Nowhere is this more true than with our advancements in transportation. One early ride c…