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
Long run supply when industry costs are increasing or decreasing | Microeconomics | Khan Academy
What we have here we can view as the long run equilibrium or long run steady state for a perfectly competitive market. Let’s say this is the market for apples and it was this idealized perfectly competitive situation where we have many firms producing. Th…
DON'T SHOOT THE PUPPY!! .... and more: DONG #23
Hey, Vsauce. Michael here. And the Internet is a big place. So, let’s take a safari through the World Wide Web and find some cool things to do online now, guys. Size it up with iruler.net. This website detects your monitor size and resolution and render…
Forget big change, start with a tiny habit
Hi guys! What’s up? It’s me, Judy. Today, we’re going to be talking about how to build any habit using the one percent improvement method. Everything will be time-stamped down in the description below, so let’s get right into it. So firstly, let’s talk a…
A message from Sal on school closures and remote learning on Khan Academy.
Hi everyone, Sal here from Khan Academy. I am back in the walk-in closet where Khan Academy all began, socially distanced, obviously. The entire globe is going through a very unusual crisis right now, and as part of that crisis, you know people are worri…
BitConnect is the $900,000,000 Crypto Ponzi Scheme
What’s up you guys? It’s Graham here. So, as you can see in the background, I just started furnishing the duplex and it’s looking pretty dope right now. I promised you guys another update video in the next like week or so as I get a little bit more work d…
The fastest private jet deal I have done
One of my most memorable quickest deals was actually getting a phone call from somebody saying he wanted to buy a certain airplane. I told him that the airplane was really just ready to be under the contract. He said he wanted to buy something immediately…