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
Enterprise Sales | Startup School
[Music] My name is Pete Kuman. I’m a group partner at YC and a YC Alum. I was co-founder and CTO of Optimizely in the winter 2010 batch. In this talk, I’m going to walk step by step through the process of closing your first Enterprise customers. I’m goin…
Most People Don't Know How Bikes Work
Most people don’t know how bicycles actually work. [Off screen] Let’s try it again. So we modified this bike to prove it. This video was sponsored by KiwiCo. More about them at the end of the show. When you’re riding a bike and you want to turn left, …
Ice Fishing and Changing Diets (Clip) | Alaska: The Next Generation
It’s been a pretty heavy duty winter for us. It’s been a little rough. Whoa! You know, just staying at home and maintaining the farm. Go, go, go, go. No! The kids are kind of antsy if they’re cooped up for too long. We’re missing a chicken. I only count …
2015 AP Chemistry free response 2a (part 1 of 2) | Chemistry | Khan Academy
Ethine (C₂H₄) molar mass of 28.1 g per mole may be prepared by the dehydration of ethanol (C₂H₅OH) molar mass 46.1 g per mole using a solid catalyst. A setup for the lab synthesis is shown in the diagram above. The equation for the dehydration reaction is…
Warren Buffett: Read These 10 Books if You Want to be Rich
I read every book in the Omaha Public Library in business by the time I was 11. We moved back here, and as soon as I got back here and my dad was in Congress, I said, “Get everything in the Library of Congress. I want to read it!” But I still spend five o…
The Hard-Working Man | Port Protection
When you get to my age, you always got to go slow. Makes everything harder, but I plan to continue doing my work if I can. Setting down roots in Port Protection requires a commitment to living at the edge of one’s limitations. If you comprehend that commi…