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
HOW TO CONTROL YOUR ANGER - SENECA | STOICISM INSIGHTS
Have you ever experienced a surge of anger so intense it felt like a volcanic eruption within you? Picture this anger burning with the fury of a thousand suns. But what if I told you there’s a way to extinguish it? Not tomorrow or next week, but today. We…
Khan for Educators: Creating assignments
Hi, I’m Megan from Khan Academy, and in this video, we’ll learn how to find and assign exercises, videos, and articles on Khan Academy for your classes or students. In order to create an assignment, we recommend teachers start by finding and assigning co…
Conditions for confidence intervals worked examples | AP Statistics | Khan Academy
Ali is in charge of the dinner menu for his senior prom, and he wants to use a one sample z interval to estimate what proportion of seniors would order a vegetarian option. He randomly selects 30 of the 150 total seniors and finds that seven of those samp…
Opium Wars | World History | Khan Academy
This is a map of East Asia in the 19th century, and you can already see significant imperial control by Western European powers. You have the British East India Company in India. You have the French initially getting a foothold in Southeast Vietnam in thi…
Gordon Cooks Whitefish | Gordon Ramsay: Uncharted
[Music] River and I finally caught something. It’s a fish, right? Makuu: No, not fish, but stone. The only stone there! Damn, I thought I had one then. Yeah, come on, baby. [Music] The river is clearly not in a given mood. Maybe today is not my lucky da…
How I Achieved High Income In My 20s | How to Make More Money
[Music] So in this video, I wanted to share some things that I’ve learned about money over the past eight years or so. I’m not saying that I’m some genius who’s got money all figured out or anything, but over the past eight years I’ve made some decisions …