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
Evolution through variation and natural selection
In this video, we are going to focus even more on the idea of evolution. We introduced it in other videos, but here we’re really going to focus on what it is and what it isn’t. As I’ve mentioned before, it’s a super important idea. If you were to try to u…
Most Startups Are Undercharging - Dalton Caldwell
Most of the time, people are way undercharging for their product. For some reason, there are ideas out there that you should either not charge for your product or you charge such a tiny fraction of what you could be charging that you’re not set up for suc…
Backcountry Basics: Navigating With or Without Technology | Get Out: A Guide to Adventure
My name is Hillary O’Neal and I am a professional ski mountaineer and adventurer. Today, we are going to talk about backcountry navigation. There are a lot of uses in many different environments that would require some level of skill in backcountry naviga…
Using specific values to test for inverses | Precalculus | Khan Academy
In this video, we’re going to think about function inverses a little bit more, or whether functions are inverses of each other. Specifically, we’re going to think about can we tell that by essentially looking at a few inputs for the functions and a few ou…
Interpreting solutions of trigonometric equations | Trigonometry | Precalculus | Khan Academy
Alvaro presses the treadle of a spinning wheel with his foot. It moves a bar up and down, making the wheel spin. So just to be clear, what a treadle is: this is an old spinning wheel, and this little pedal is a treadle. As this goes up and down, it’s goin…
YC SUS: Eric Migicovsky hosts founder office hours
All right, hi everyone. Um, my name is Eric Mikowski. I’m the course facilitator here at Startup School. Um, excited to do another round of online office hours with companies in Startup School. So, office hours, um, for those that might be tuning in for …