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
Channing Tatum Makes Fire | Running Wild With Bear Grylls
CHANNING TATUM: God, all these stones, man. Look at them. They’re just massive boulders. BEAR GRYLLS: Nope, it’s a dead end. So all of this area is endless, like, dead ends. You reach a cliff face or you reach a boulder you can’t get over, you try and go…
Benedict Cumberbatch solo rappels down a cliff | Running Wild with Bear Grylls
Okay, time is of the essence now, so you’ve got to get that and yourself safely down to me. I’m at the base of the cliff, so use those improvised talents. Remember that Italian hitch, lower it down, and then lower yourself. Okay, copy that. It’s a big ar…
Homeroom with Sal & Rachel Skiffer - Tuesday, June 23
Hi everyone! Sal Khan here from Khan Academy. Welcome to our daily homeroom, which is our way of staying in touch. It started with obviously all the school closures and social distancing with COVID, but now it’s really just evolved into an interesting for…
Vintage Yellowstone Commercials Show How Much Has (and Hasn't) Changed | National Geographic
[Music] Oldest, largest, and one of our most beautiful vacation lands is Yellowstone National Park. Antelope feed peacefully on grassy slopes. Woof woof, a black bear! But don’t worry; he’s friendly; he won’t bother you. For many years, Old Faithful has…
Homeroom with Sal & Vas Narasimhan - Wednesday, July 8
Hi everyone! Welcome to our homeroom live stream. I’m very excited about the conversation we’re going to have in a few minutes. But before that, I will give my standard announcement: a reminder that Khan Academy is a not-for-profit organization with a mis…
Real Estate Investing 101: Top 5 Most PROFITABLE Renovations
What’s up, you guys? It’s Graham here. So, I’m here with this special guest. Some of you may have met him before, but those that haven’t should probably meet Kevin. We’re gonna be talking about the most profitable renovations that you can be doing. Anytim…