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
Science Fiction or Real Mechanics? | StarTalk
We have a little quiz, a little game show. I want to know if this mechanical problem is a science fiction problem or a real-life, real mechanical problem? Bona fide mechanical problem. Real or not, is that right? Do we go bing or meh? Yes. So is it a rea…
My Advice for Each Stage of Life
There’s a life cycle, right? Your teens, your 20s, your 30s, and so on. Every phase is a little bit different, or quite a bit different. People have asked me, uh, in their 20s, what is good advice for their 20s? You are about to go independent. You were d…
HOLDING AN EXPLOSION at 20,000 fps - Smarter Every Day 156
Hey, it’s me Destin. Welcome back to Smarter Every Day (SED). So excited about this video! In the last episode of SED, I showed you my transparent potato gun, at 3,000 fps during the day. 3, 2, 1. But this episode it’s going to be the same transparent pot…
Natural, cyclical, structural, and frictional unemployment rates | AP Macroeconomics | Khan Academy
[Instructor] We’ve already discussed the notion of unemployment at length in other videos. And what we’re going to do in this video is dig a little bit deeper and think about what makes up the unemployment rate? And just as a review, the unemployment ra…
Banking institutions | Banking | Financial Literacy | Khan Academy
Whenever you’re dealing with any type of a business, it’s good to think about how that business actually makes money. Because then that helps you think about what are you paying for and what are you getting in return. This applies very much to the notion …
When Cities Were Cesspools of Disease | Nat Geo Explores
Imagine living in darkness. You’re in a roof the size of a closet with your entire family. I can’t see a thing, but you can hear and smell everything—every breath, every sneeze, every cough that hits your face. This is life in a 19th-century city. There’…