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
Net Present Value: What Future Income Is Worth Today
Let’s talk about NPV. NPV is just the net present value of something. It’s when you say that stream of payments I’m gonna get in the future: what is that worth today? So a common example of this is you’re joining a startup company and you’re getting stoc…
AMAZING CD BUBBLE!!! -- Mind Blow 9
[Music] Pea butter, pea juice, and bagel in a glass. Oh, and pothead’s fee sauce. Kevin here, this is Mind Flow. What’s tougher, a Super Nintendo cartridge or Genesis? Well, it turns out you can freeze, drop, and boil both, and they’ll still be playable.…
Why We Isolate Ourselves and How to Reconnect
I think most of us agree that social isolation is a complex issue. It feels a bit like a classic ‘chicken and egg’ dilemma. We might ask ourselves: did our feelings of unhappiness and despair lead us to retreat into social isolation? Or, conversely, is it…
The Black Swan Theory
You are a chicken. Yes, you. You look around and sometimes wonder why your owner takes such good care of you. At first, you’re not sure; you’re skeptical. What if he sends you to the slaughterhouse? You’ve never been there, but you know very well none of …
Sampling distribution of the difference in sample proportions | AP Statistics | Khan Academy
We’re told suppose that eight percent of all cars produced at plant A have a certain defect and six percent of all cars produced at plant B have this defect. Each month, a quality control manager takes separate random samples of 200 of the over 3000 cars …
The Psychology of Self-Realization
In the current age, we have countless options to flee from our psychological problems. Substances, sex, food, gambling, you name it. And if these don’t do it, we can get the doctor to prescribe medication for us. The problem is that these are just tempora…