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
LearnStorm Growth Mindset: Khan Academy's math content creator on learning strategies
I’m Jeff Dodds. I’m a math content creator here at Khan Academy. I had a fixed mindset for a really long time. I was convinced that I was a math person and I was smart and I was just good at math. So, I remember the first time I really struggled. I was t…
Heating curve for water | Thermodynamics | AP Chemistry | Khan Academy
Let’s look at the heating curve for water. A heating curve has temperature on the y-axis, in this case, we have it in degrees Celsius, and heat added on the x-axis; let’s say it’s in kilojoules. Let’s say we have 18.0 grams of ice, and our goal is to cal…
After the Avalanche: Life as an Adventure Photographer With PTSD (Part 3) | Nat Geo Live
I went back to Africa this time. Exploration had taken on a different modality here. We were gonna explore the upper headwaters of the Okavongo, the Cuito river catchment that flows out of the Angolan highlands. Steve Boyes, another NG explorer, took us t…
Hitching a ride with the Gabra tribe's camel train | Primal Survivor: Extreme African Safari
But just as I was giving up hope, on the horizon… Thank God. Honestly. Thank God. HAZEN: There they are. I got them. It’s the camel train. (camel bellows) (man shouting) HAZEN: Yes! HAZEN: So, this is the camel train, look at how… It’s amazing. Wow, I …
THE DOWNFALL OF CREDIT CARDS | HOW TO PREPARE
What’s up you guys? It’s Graham here. So as I’m sure many of you know by now, I am a huge proponent and believer in credit cards. I think they’re a great way to leverage your money, get purchase protection, get cash back, collect points, travel for free, …
How can we protect the polar regions and fight climate change? We went to Paris to find out
Well, I have made it to the city of love, and here is a crazy story for you. I’ve just been on a surfing trip; that’s why I’m dressed for the beach, not for Paris. A National Geographic called me and they said, “You need to cut your surfing trip short and…