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
Creativity break: how can students expand their creativity in biology? | Khan Academy
[Music] I’d encourage every single one of you to spend some time immersed in a different culture or maybe even spend some time working in a totally different part of the world from where you grew up. Now, it doesn’t have to be quite that drastic; it coul…
Examples identifying Type I and Type II errors | AP Statistics | Khan Academy
We are told a large nationwide poll recently showed an unemployment rate of nine percent in the United States. The mayor of a local town wonders if this national result holds true for her town. So, she plans on taking a sample of her residents to see if t…
Stoic Wisdom For Mental Toughness
The ancient Stoics aimed to be resilient towards the things beyond their control and were determined on their path of virtue. Mental toughness is necessary to be truly ‘good’ in the Stoic sense. We need to be strong enough to control destructive desires, …
Snowflake Science to Study Avalanches | Explorer
Snowflakes are one of mother nature’s most exquisite creations—fragile snow crystals that dazzle us in an array of shapes and sizes. But there’s a lot more to these intricate ice formations than meets the eye. Turns out that by looking a lot closer, snowf…
How To Be a Loner
Until ganger is a German word that could be translated as lone wolf. It is the animal that does not live in a pack or at least doesn’t want to. In the human world, we call this person a loner; a person that follows his or her own path. I’ve called this c…
Porcelain in the Wreckage | Drain the Oceans
I grew up here in Portland. As a child, we all loved Indiana Jones. But it was actually really in high school when I was able to take an anthropology class, and it really piqued my interest. And then in community college, I started taking archeology class…