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
Inside the Mission to Save the Rare Helmeted Hornbill From Poachers | National Geographic
This is about the second week of this expedition. We are at our third location here. My mission is to photograph the helmeted armbands. These hella nerd hornbills have been occupying these forests for thousands of years, but recently they’ve fallen prey t…
How Understanding the Typical Life Arc can Give you Perspective
Most people’s lives are, there’s a life arc, and most people’s lives transpire in like ways that you could see over and over again. You know, so I break it down. It seems to me like there are three big phases in life. The first phase is you’re dependent …
Our Bank Went Bankrupt
So our bank went bankrupt last Friday, but it’s not just us. In fact, most tech startups in Silicon Valley and over 2,500 Venture Capital firms held their funds with the 16th largest bank in the United States. Of course, we’re talking about the Silicon Va…
Mark Wiens Goes Night Fishing and Jungle Foraging in Remote Thailand | Epic Food Journeys | Nat Geo
Nat Geo challenged me to fish and forage for a meal. So I’m in one of the most remote regions of Thailand with the Karen people, where I’ll be taking part in a special ceremony. My friend Mook will prepare a traditional Karen meal, and I can’t wait to t…
Warren Buffett: How You Need to Be Investing in 2024
If you want the ability to build generational wealth and the financial freedom to retire early and leave the unending corporate rat race, you should be listening to Warren Buffett’s most recent investing advice. For the better part of the last year, lege…
Ray Dalio: The 3 Biggest Issues for the Economy in 2021
[Music] So a few weeks ago, Ray Dalio, the founder of the world’s biggest and most successful hedge fund called Bridgewater Associates, he sat down with CNN to do an interview and give his updated thoughts and opinions on the economic situation heading i…