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
Feeling Tired, Irritable, Stressed Out? Try Nature | Short Film Showcase
Do you find yourself longing for the apocalypse? I did. I was looking for a reason to live. Hi! Are you feeling tired, irritable, stressed out? Well, you might consider nature. From the people that brought you “Getting Outside” comes prescription-strengt…
Chimú 101 | National Geographic
(Gentle music) [Narrator] Before the Spanish conquest and before the Inca empire, one group created the most important South American civilization at the time, the Chimu. The Chimu civilization lasted almost half a millennium, from the year 1000 to aroun…
Every Animal Deserves a Story | Explorer's Fest
[Music] [Music] [Music] [Applause] [Music] Ah, this might be the most exciting part of the entire day! I have to say that for many of you, you’re probably here for this highlight. And of course, I was taken out backstage and accosted our next speaker to …
How I Helped My 6th Graders Ace Math... By Taking Them Back to Kindergarten! | Mastery Learning
Hey everyone, this is Jeremy Shifling at Khan Academy. I just want to thank you for taking time out of your super busy weeks to spend time on today’s session, and I want to give a super special thanks to Tim Vandenberg, who’s been gracious enough to share…
Our Drive to Boldly Go | Origins: The Journey of Humankind
Our thirst for exploration has transformed our species from nomads into astronauts, spurring new innovations, opening up the globe, and clearing the path to new and distant worlds. We explore, not just to reach new lands but for the journey itself. It is …
Interpreting direction of motion from velocity-time graph | AP Calculus AB | Khan Academy
An object is moving along a line. The following graph gives the object’s velocity over time. For each point on the graph, is the object moving forward, backward, or neither? So pause this video and see if you can figure that out. All right, now let’s do …