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
Why Do We Clap?
Hey, Vsauce. Michael here. The loudest clap ever recorded clocked in at 113 decibels. And the world record for fastest clapping was recently set at 802 claps per minute. Clapping is the most common human body noise others are meant to hear that doesn’t in…
Office Hours with Kevin & Qasar at Startup School SV 2014
All right, so my name is Kevin Hail. Uh, my name is Cas Unice, and we’re Partners at Y Combinator. What that means really, Billy, is that especially when we’re not in batch, we’re out there trying to recruit and talk to as many founders as possible. In…
10 Effective Shortcuts In Life
You’ve heard it before, right? There are no shortcuts to success in life. So why then do some people achieve it so much faster than others? Well, the reality is life is full of shortcuts. And here is a list of our favorites. Welcome to ALUX first step. P…
The Berkshire Hathaway Shareholder Meeting (From Then To Now)
Warren Buffett, the CEO of Berkshire Hathaway, is without doubt the king of investing. There’s never been anyone with a track record close to his, and it’s unlikely there will be for a very, very long time. Buffett took over Berkshire Hathaway back in 196…
Using explicit formulas of geometric sequences | Mathematics I | High School Math | Khan Academy
The geometric sequence Asobi is defined by the formula, and so they say they tell us that the E term is going to be equal to 3 * -1⁄4 to the IUS 1 power. So, given that, what is a sub5, the fifth term in the sequence? So pause the video and try to figur…
Human Body 101 | National Geographic
The human body is a complex network of cells, tissues, and organs that together make life possible. Ten major systems are responsible for the body’s functions: skeletal, muscular, cardiovascular, nervous, endocrine, lymphatic, respiratory, digestive, urin…