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
Where Are the Aliens?
Let’s talk briefly about the Fermi Paradox, since we’re talking about aliens. For those listeners who don’t know, Enrico Fermi was a famous physicist part of the Manhattan Project, and he said, “Where are the aliens?” The universe is so large; there’s pr…
Bitcoin To $1,000,000 | Meet Kevin Pt 2
Gary Gensler, a few weeks ago, compared regulation in the cryptocurrency market to regulation in cars. When we finally had cars get regulated, we had stop signs, we had crosswalks, and traffic lights. Car adoption skyrocketed. Do you think the same thing …
Slinky Drop Answer
Well, this is going to be really tough to see. So how are we going to actually determine what the right answer is? Uh, if I were to drop it now, it would happen so fast you wouldn’t really see clearly what’s happening. So I’ve brought along my slow motion…
Khan Academy Ed Talks with Chase Nordengren, PhD
Hello and welcome to Ed Talks with Khan Academy, where we talk to interesting and important people in the education space. I’m Kristen Deservo, the Chief Learning Officer here at Khan Academy, and looking forward to a conversation today with Dr. Chase Nor…
These Ants Use Their Babies As Glue Guns
Deep in tropical jungles lie floating kingdoms, ruled by beautiful and deadly masters. They’re sort of the high elves of the ant kingdoms; talented architects that create castles and city-states. But they are also fierce and expansionist warriors, and the…
Ray Dalio and Elliot Choy on Why Money Shouldn't be an End Goal
Or do you ever see people around you that make the mistake of thinking that money is the actual goal? Then they maybe got into it aiming to achieve freedom or these other things, security. But then they are just so caught up in moving that goal post that …