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
Mohnish Pabrai SELLS his Alibaba Stock!
All right team, in this video we are talking about Monash Proprietor’s most recent 13F filings. So this gives us an update to what he was doing with his US listed stocks in the third quarter, of which he owns three: Micron’s, Heritage, and Alibaba. And le…
Constant of proportionality from graph | 7th grade | Khan Academy
The following graph shows a proportional relationship. What is the constant of proportionality between y and x in the graph? Pause this video and see if you can figure that out. All right, now let’s do this together and let’s remind ourselves what a cons…
watch this if you think life is UNFAIR
This video is brought to you by Squarespace. From websites and online stores to marketing tools and analytics, Squarespace is the all-in-one platform to build a beautiful online presence and run your business. Do you think that life is fair? Compare your…
Shooting Down a Lost Drone and why Dogs Tilt their Heads - Smarter Every Day 173
Hey, it’s me Destin. Welcome back to Smarter Every Day! I’m in the middle of the woods. My son lost a cheap little drone, and the only way we can figure out where it’s at is we are powering it up and listening to where it is. It’s really got me thinking a…
Introducing: Khan Academy Kids!
Hi everyone, Sal here with my three-year-old son Azad, and we’re excited to announce the launch of Khan Academy Kids, which is designed to take students like Azad, ages two to five, to become lifelong learners. Hi friends, welcome to my room! Kids love t…
Payment methods | Consumer credit | Financial Literacy | Khan Academy
Hi everyone! I’m here, and in this video, we’re going to talk a little bit about how you pay for things. You’re probably already familiar with this, but maybe we’ll get into a little bit more detail than you might have fully realized. So, the most basic …