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
The Biggest Eruptions That Changed Earth Forever
The Earth is a gigantic ball of semi-molten rock with a heart of iron as hot as the surface of the Sun. Titanic amounts of heat left over from its birth and the radioactive decay of trillions of tons of radioactive elements find no escape but up. Currents…
15 Most Common Ways Rich People Get Rich
Hey there, Alexa! Now, doesn’t it feel like sometimes there’s like a secret sauce to how the rich make their fortune? It’s kind of frustrating watching other people climb the earning ladder while you struggle just to keep steady in one place. Maybe there’…
Predatory lending | Loans and debt | Financial Literacy | Khan Academy
So let’s talk a little bit about predatory lending. As the word “predatory” seems to imply, it sounds like something that you want to be very careful about how you engage in it. Generally speaking, a predatory lender is someone who is maybe using someone…
Elephant Encounter in 360 - Ep. 2 | The Okavango Experience
Travie giant elephants in front of you, interacting with you, connecting with you, smelling you, listening to you, looking at you, telling you to stop, telling you to go away, telling you to stay. I am fine with you. Those interactions are powerful to me.…
Experiments in Art and Technology with Artforum Editor Michelle Kuo
So I’ll just start by saying experiments in art and technology was a group that was founded in 1966 by the artist Robert Rauschenberg by an engineer named Billy Kluever, who was a research scientist at Bell Labs at that time. Literally, the heyday, or bas…
YC Tech Talks: Machine Learning
[Music] foreign [Music] Welcome to YC Tech Talks Machine Learning. I’m Paige from our work at a startup team, the team that helps people get jobs at YC startups. So for tonight’s event, we have Founders who are going to be talking about interesting proble…