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
Ultralight Camping: How to Minimize Your Pack | Get Out: A Guide to Adventure
My name is Hillary O’Neal, and I am a professional ski mountaineer and adventurer. Today, we’re going to talk about ultralight camping. The ethos behind ultralight camping is having the most minimal setup you need in order to complete whatever objective i…
Subtracting rational expressions: unlike denominators | High School Math | Khan Academy
So right over here we have one rational expression being subtracted from another rational expression. I encourage you to pause the video and see what this would result in, so actually do the subtraction. Alright, now let’s do this together. If we’re subt…
1920s urbanization and immigration | Period 7: 1890-1945 | AP US History | Khan Academy;
[Narrator] During the Gilded Age, the population of the United States had started to shift sharply towards living in urban rather than rural environments. In 1900, 1⁄3 of the American population lived in cities, drawn by the wide availability of factory j…
DINOSAUR SCIENCE! feat. Chris Pratt and Jack Horner
Hey, Vsauce. Michael here. What are monsters? Scary, unnatural things? Yes, but they’re more than that and we knew that back when we named them. The word monster comes from the same root word as demonstrate and demonstrative, monere, meaning to teach, to …
Long run self adjustment | AP Macroeconomics | Khan Academy
What we have depicted here is an economy in long-run equilibrium. Notice the point at which the aggregate demand curve and the short-run aggregate supply curve intersect; that specifies an equilibrium price level (P₁) and an equilibrium level of output (Y…
The Dark Reality Behind India’s Festival Elephants | Podcast | Overheard at National Geographic
Foreign [Music] This is the sound of a festival in India called Trisha Pura. Thousands of people attend this annual festival, including dozens of musicians. But the highlight of the celebration, standing out over the crowds, are the elephants. They’re cov…