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
I Asked An Actual Apollo Engineer to Explain the Saturn 5 Rocket - Smarter Every Day 280
THREE TWO ONE ZERO. All engine running. Lift-off! We have a lift-off! 32 minutes past the hour, lift-off on Apollo 11, tower clear. The Saturn V rocket is one of the most amazing vehicles ever created by humans, and if you could have ONE person explain th…
He Named Me Malala | Trailer | National Geographic
You named her after a girl who spoke out and was killed; almost as if you said she’ll be different. You’re right. Tonight, Malala remains in intensive care. She was shot in the head for daring to suggest girls should go to school. I’m still 17. I’m stil…
Michael Burry: How You Should Invest In 2022
Right, we bought basically short 8.4 billion of credit default swaps, um, related to mortgages or financial companies, and I was extremely confident in the outcome. Were your investors as confident? I know for sure that some of them thought I lost my mind…
Civil Rights and Civil Liberties - Course Trailer
The United States Declaration of Independence reads: “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights.” That sounds great, but who does it apply to, and what a…
Innovating to Improve the Human Condition with Bill and Melinda Gates | National Geographic
Well, Melinda and Bill Gates, thank you so much for joining me to talk about this Goalkeepers report with National Geographic. We really appreciate your time. Why did you decide to start doing this report in the first place? Well, we decided to start doi…
Adding integers: find the missing value | 7th grade | Khan Academy
We are asked to find the missing value, and they give us a hint: use the number line to find the missing value. Let’s see, they say 4 plus something is equal to negative 6. So why don’t you pause this video and see if you can work through this before we …