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
Deep Sea Exploration - 360 | Into Water
I have always been fascinated by the search for life. Aliens from outer space come to mind, but I’m inspired by animals in another final frontier: the ocean’s midwater, one of the least explored places on Earth, full of creatures that defy imagination. I…
360° Wingwalker - Part 1 | National Geographic
[Music] [Music] For me, when walking is about the ultimate freedom. Once you’ve tasted that type of freedom, I mean, you just can’t ever go back. It is absolutely liberating. But if you mess up even a little bit, it’s all over. You’ll have to be responsib…
It Started: Home Prices Are Falling 50%
What’s up guys, it’s Graham here, and it’s official: after a decade of unstoppable growth, the housing market is beginning to fall. A new report from Redfin just found that home buyers are now backing out of deals at the fastest pace since the start of th…
Applying the chain rule twice | Advanced derivatives | AP Calculus AB | Khan Academy
Let’s say that y is equal to sine of x squared to the third power, which of course we could also write as sine of x squared to the third power. What we’re curious about is what is the derivative of this with respect to x? What is dy/dx, which we could als…
Hypothesis test for difference in proportions | AP Statistics | Khan Academy
We’re now going to explore hypothesis testing when we’re thinking about the difference between proportions of two different populations. So here it says, here are the results from a recent poll that involved sampling voters from each of two neighboring d…
Wait, so is the U.S. in a Recession?
GDP, gross domestic product, explained by the Bureau of Economic Analysis, is a comprehensive measure of U.S. economic activity. Now, you might have heard GDP pop up in the news lately because in America, their GDP is currently shrinking. In Q1, U.S. GDP …