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
Things to consider when renting a home | Housing | Financial Literacy | Khan Academy
Let’s talk about things to consider when renting. So the first consideration is how much should you spend. A general rule of thumb is that you should spend a maximum of 30%—that’s 30% of gross income on housing costs. Now, I didn’t say rent here; I said h…
You Are Not Where You Think You Are
Look around you. Where are you? Where is this place you are occupying? Somewhere in a room, maybe in a city on a continent on a planet orbiting a star in a galaxy among billions. But… where is all of that? While this may feel like a daft question, it turn…
Warren Buffett: The Coming 45.1% Stock Market Reset
Warren Buffett’s favorite measure of the health of the stock market is sending some serious warning messages. In fact, the so-called Warren Buffett indicator is projecting that the U.S. stock market has to fall by a whopping 45.1 percent in order for the …
The Trillion Dollar Equation
This single equation spawned four multi-trillion dollar industries and transformed everyone’s approach to risk. Do you think that most people are aware of the size, scale, utility of derivatives? No. No idea. But at its core, this equation comes from ph…
Are we in a REAL ESTATE BUBBLE?!
What’s up you guys? It’s Graham here. So first off, I want to say this is a bit of a technical video. It might be a little bit more in-depth than the other videos I’ve done, but for those that are into that sort of stuff, I think you guys are really going…
Space Invaders: Solving the Invasive Species Explosion | National Geographic
Our ocean supports every living thing on the planet. And yet, climate change, overfishing, and pollution are threatening marine ecosystems everywhere. To protect them, we need to understand them. Invasive species are disrupting ecosystems across the Medit…