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
Warren Buffett: How to Know if a Stock is Undervalued
How do you calculate the intrinsic value of a stock? This may be the single most important question in all of investing. Everyone knows that the secret to good investing is finding undervalued stocks, but how exactly do you determine if a stock is underva…
Lensa makes $1M/Day (& Steals Your Face)
By this point, there’s no doubt about it: artificial intelligence is taking over the mainstream, and people who know how to leverage this technology are getting insanely rich. Applications like Lensa AI and Don AI are literally flipping mobile apps like I…
Warren Buffett: How to Invest During High Inflation
Stocks sell at silly prices from time to time. It doesn’t take a high IQ to figure out that they’re cheap, but it does take a temperament that’s willing to step up and actually act. That, there, as I’m sure you are all aware, is Mr. Warren Buffett, the 92…
Go Behind The Scenes with Illustrator Christoph Niemann | National Geographic
You come to Cambodia and Vietnam going down the Mekong River, and you learn a lot here. The biggest realization I had was the only exotic thing here is me. This place has been around for 2,000 years; everything is perfectly normal. But this, for me, is th…
Jeff Bezos 1997 Interview
Rather, who are you? I’m Jeff Bezos. And what was your claim to fame? I am the founder of Amazon.com. Where did you get an idea for Amazon.com? Well, three years ago, I was in New York City working for a quantitative hedge fund when I came across the…
Melissande's Ultimatum | Barkskins
[humming] MELISSANDE: You were gone a long time. Yes, I stopped to watch a bird. A bird. A cunning black bird. It was going after a woodchuck. And after, where did you go? If you wish, I will fetch Rene Sel down from his work so you can ask him, or perh…