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
The Stock Market Is About To Flip
What’s down you guys? It’s Graham here. So, as we start off the new year of 2021, we have to talk about something that’s been brought up a lot lately, especially now that the stock market is near its all-time high, and that has to do with our stock marke…
Crystalline and amorphous polymers | AP Chemistry | Khan Academy
Let’s talk a little bit about crystalline and amorphous polymers. Now, in previous videos we talked about crystalline versus amorphous solids. Crystalline solids have a very regular pattern; maybe they look something like this if you imagine the particle…
15 Ways to Get Out of Any Situation
Do you feel trapped in a situation you don’t want to be in? Maybe you feel like you’re stagnating in life. Maybe you’re living paycheck to paycheck. Maybe you’re unhappy with your weight. Whatever your situation is, when you’re stuck in a rut, it can feel…
Our Greatest Delusion
I’m not sure what I expected to find when I went to Chernobyl. I mean, it’s been so long since the nuclear reactor there melted down and spewed radioactive atoms across the land. So for almost thirty years, this place has been virtually abandoned. These d…
Is Warren Buffett's 'Value Investing' Dead?
Hey guys, welcome back to the channel! In this video, we’re going to be doing a video talking about a popular topic at the moment. I’ve seen a lot of videos floating around talking about this. The topic is whether value investing is dead. So today, we’re…
Choosing the right school | Careers and education | Financial Literacy | Khan Academy
So let’s think a little bit about how you might decide where you want to go to college. The first thing I’ll remind you, because this can oftentimes be a pretty stressful decision, is that there is no right decision. You just need to make the decision rig…