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
Making Something Social Destroys the Truth of It
Making something social destroys the truth of it because social groups need consensus to survive. Otherwise, they fight; they can’t get along. Consensus is all about compromise, not about truth-seeking. Science was this unique discipline, at least in Natu…
It's Over: Why I'm Cancelling My American Express
Dear American Express, It is with great sadness and a heavy heart that I announce it’s over. Even though we’ve shared some unforgettable moments, bought beautiful experiences together, and dined in fancy airport lounges, you’ve changed, and now it feels …
You NEED to Take Time to Reflect On Your Decisions
So I’m curious, what do you see as the importance of principles as we navigate our lives personally, professionally, financially, and collectively into the future? Uh, what I discovered at an early age, and I really would recommend everybody do this, is …
Example reflecting quadrilateral over x axis
We’re asked to plot the image of quadrilateral ABCD. So that’s this blue quadrilateral here under a reflection across the x-axis. So that’s the x-axis, and we have our little tool here on Khan Academy where we can construct a quadrilateral, and we need to…
Drew Houston - CEO and Founder of Dropbox | Entrepreneurship | Khan Academy
So, uh, excited to have Drew Hon here. Uh, you know, a very well-known figure amongst kind of our team out here. Um, and for those who are maybe watching this video later, uh, founder of Dropbox. How many, how many billions of people do you have using? I …
Gas mixtures and partial pressures | AP Chemistry | Khan Academy
In this video, we’re going to introduce ourselves to the idea of partial pressure due to ideal gases. The way to think about it is to imagine some type of a container, and you don’t just have one type of gas in that container; you have more than one type …