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
Worked example: Maclaurin polynomial | Series | AP Calculus BC | Khan Academy
We’re told that ( f(x) ) is equal to one over the square root of ( x + 1 ), and what we want to figure out is what is the second degree Maclaurin polynomial of ( f ). And like always, pause this video and see if you could have a go at it. So, let’s remin…
Khan Academy announces GPT-4 powered learning guide
Hi everyone, Sal Khan here from Khan Academy, and I’m very excited to let you all know about the work that Khan Academy is now doing in artificial intelligence. Obviously, over the last many months, there’s been a lot of talk about artificial intelligenc…
Macaroni Penguins Swim, Surf, and Dodge Seals to Survive – Ep. 2 | Wildlife: Resurrection Island
Imagine having to surf to get home. Then imagine doing it after swimming 300 miles in the roughest ocean on the planet. Not to mention the seals waiting for their chance to rip your little head off. This is just a single day in the extraordinary life of t…
Nature is dying.
Have you ever stood on a mountaintop or gazed up from the bottom of a roaring waterfall? Or sat in a field staring at the stars above? Did it inspire you in a feeling of insignificance? Where do you go to seek out those humble yet peaceful moments when yo…
Charitable giving | Financial goals | Financial Literacy | Khan Academy
So let’s talk a little bit about charitable giving, and this one is close to my heart because I run a non-profit. Why do folks donate to charity? Well, you might have your own motivations. For most folks, I think it just feels good. They might feel that …
THE FED JUST FLIPPED | Major Changes Explained
What’s up you guys, it’s Graham here. So throughout the last month, there have been non-stop headlines about how the Federal Reserve is crashing the market, and in a way, they kind of did. January of 2022 quickly became the worst month on record ever for…