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
Conditions for valid confidence intervals | Confidence intervals | AP Statistics | Khan Academy
What we’re going to do in this video is dig a little bit deeper into confidence intervals. In other videos, we compute them; we even interpret them. But here we’re going to make sure that we are making the right assumptions so that we can have confidence …
Generational and lifecycle effects on political ideology | US government and civics | Khan Academy
What we’re going to talk about in this video is how political and cultural events might have an influence on someone’s political ideology. So let’s make this a little bit concrete. Political scientists will sometimes have various classifications for thes…
How To Fix A BAD Credit Score ASAP
What’s up you guys? It’s Graham here. So, a few weeks ago I made a video going over all of the techniques and tricks that you could use to get past that legendary 800 credit score, all without costing you any money out of pocket. And even though the strat…
The Scariest Thing About ChatGPT No One Is Talking About
Imagine you had a personal Search Assistant who can not only track down answers in a fraction of a second but good breakdown complex topics, offer personalized recommendations, and even do your work for you. It’s a scenario you might not have to imagine f…
15 Deals That Made Billionaires
They say that if you want to go fast, you should go alone. But if you want to go far, you should pick some great partners to share the journey with. The people on this list made insane fortunes because they chose the latter, and in this video you’ll learn…
15 LUXURY TECH Products Actually Worth The Money
Not all tech is worth the precious metal its chip is made up, so it’s a good idea to cut through the hype and get to the facts on whether your new luxury tech is actually worth a big spend. We’ve done some souping into some of the hottest luxury tech and …