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
Are Psychedelics Microdosing The NEXT BIG Investment? - Why I'm Investing...| Kevin O'Leary
Hi everybody. As you know, I’ve been talking about microdosing psychedelics as a medicine for about a year now. I’ve been intrigued by this new development because it has the potential to become groundbreaking medicine. We don’t know that yet. So many com…
The Articles of Confederation | Period 3: 1754-1800 | AP US History | Khan Academy
Hey, this is Kim, and I’m here with Leah, KH Academy’s US government and politics fellow. Welcome, Leah! How’s it going? All right, so we’re talking about the Articles of Confederation, which I think many people don’t realize was the first Constitution o…
The next best thing to owning an airplane
If you fly under 150 hours a year, it just doesn’t make sense, not financially. You know, go get a fractional; that’s the next best thing to owning an airplane. Do you want to explain that a little bit? So, there are different ways to get an airplane. Yo…
There Are No Get Rich Quick Schemes
We skipped one tweet because I wanted to cover all of the tweets on the topic of the long term. The tweet that we skipped was, “There are no get-rich-quick schemes; that’s just someone else getting rich off you.” This goes back to the world being an effi…
The structures of informational texts | Reading | Khan Academy
Hello readers! Let’s talk about structure. When architects and engineers design a building, one of the considerations they have to make is structural support. How’s this thing going to stay upright? How do we make sure it doesn’t blow over in the wind or …
The Dangers of Climbing Helmcken Falls | Edge of the Unknown on Disney+
[MUSIC PLAYING] Yeah. [BLEEP] [CHUCKLING] From here, it’s hard to tell the scale. Yeah, it’s so– it’s so big. WILL GADD: If you aren’t scared walking into Helmcken Falls, something is wrong with you. Imagine a covered sports stadium, and you cut it in h…