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
Bitcoin: The Currency of The Internet
Over time, things tend to change a lot. Earth was once devoid of life, and then one day, it wasn’t. Horses used to be a normal form of transportation. Fast forward a hundred years, and we now have half a million pounds of metal to sit in as we soar 400 mi…
When and why extraneous solution happen
In other videos, we’ve already introduced the idea of an extraneous solution, where you go about solving an equation. You’re given an original equation, and you do a bunch of algebraic steps. Then you solve it and you get some solutions. What we’ve seen, …
Monopolies vs. perfect competition | Microeconomics | Khan Academy
In this video, we’re going to dig a little bit into the idea of what it means to be a monopoly. To help us appreciate that, let’s think about the spectrum on which firms can be. This is going to be my spectrum right over here. Now, at the left end, we ca…
Wildlife and the Wall | WILDxRED
We are going to build the wall. It will be a real war, a real war. Are you ready? Are you ready? This is the Rio Grande; that is Mexico; that is the United States; Texas; and that is Mother Nature’s wall. It’s pretty great. The Rio Grande starts at Colora…
Example: Correlation coefficient intuition | Mathematics I | High School Math | Khan Academy
So I took some screen captures from the Khan Academy exercise on correlation coefficient intuition. They’ve given us some correlation coefficients, and we need to match them to the various scatter plots on that exercise. There’s a little interface where w…
I Got Covid
So as you can see from the title, I got COVID. Initially, I held back from talking about this since, one, I wanted to make sure I wasn’t experiencing any long-lasting side effects before sharing my own experience, and two, I was nervous because I guess th…