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
Fiscal policy to address output gaps | AP Macroeconomics | Khan Academy
What we see here is an economy with an output gap. As you can see, the short-run equilibrium output is below our full employment output. This is sometimes referred to as a recessionary output gap. In other videos, we talk about how there could be a self-…
Filming Glow-in-the-Dark Critters | Best Job Ever
[Music] Being a wildlife cameraman, it’s a whole discovery of technical knowledge. I’m working with Paul Merrick, who is a grantee of the National Geographic Society. Dr. Merrick studies millipedes, and we’re headed out to film them in their natural habi…
What Sperm Whales Can Teach Us About Humanity | National Geographic
I can remember my earliest memories of my parents taking me to the beaches in New England where we lived and just wondering about the mysteries that lie beneath. I think the ocean for me has always represented this place of great potential discovery. As I…
Strategies for dividing by tenths
Let’s do a few more examples of thinking of strategies for dividing decimals. In the future, we’re going to come up with a more systematic way of doing it, but it’s really important to come up with some of these strategies because it gives you an intuitio…
15 Traps to Avoid in Life
Life is a long road made of choices that can change it right away in a positive or not so positive kind of way. Most of the time, how you live your life is only down to you and your choices. Be them important decisions or just small. What should we eat to…
Impact of removing outliers on regression lines | AP Statistics | Khan Academy
The scatter plot below displays a set of bivariate data along with its least squares regression line. Consider removing the outlier at (95, 1). So, (95, 1) we’re talking about that outlier right over there and calculating a new least squares regression li…