How much does it cost to own a corporate jet?

less than 1m read

·Nov 3, 2024

If you have a small jet, it's going to cost you about a million bucks a year. If you have a large cabin, it's going to cost you 2 million bucks a year. And if you have an ultra-long-range airplane, it's going to cost you 3 million bucks a year. That's based on 400 hours a year.

You can cut that cost a lot because if you only fly 200 hours a year, you can rent the airplane out the other 200 hours, and it could reduce your fixed cost considerably. You will never rent it out enough to fly for free because if you rent it out enough to fly for free, the airplane has to fly too many hours to be available to you.

It's not how much you can earn before you can own an airplane. Is a million dollars in cash flow going to transportation something that your company can afford, and will it help you benefit and expand? That's the question.

By the way, we're talking about jets. You can get a little single-engine airplane that's going 200 to 230 mph. If you're in a regional area where you need to see clients, you can get away with nothing. A couple hundred or $500 for a twin engine an hour to run those things, and all of a sudden, it becomes much more conceivable to actually buy a corporate airplane. It doesn't have to be a jet.

Why You Probably Shouldn't Be Alive

Why Design Matters: Lessons from Stripe, Lyft and Airbnb

View All

Finding average rate of change of polynomials | Algebra 2 | Khan Academy

We are asked what is the average rate of change of the function f, and this function is f. Up here is the definition of it over the interval from negative two to three, and it’s a closed interval because they put these brackets around it instead of parent…

The Harder You Try, The Worse It Gets | Law of Reversed Effort

Have you ever tried petting a cat, but every time you come closer, the cat runs away and keeps watching you from a distance? Then, you walk towards the cat in a second attempt, but it runs away again. When you approach the cat a third time, it flees and d…

Isotopes | Atoms, isotopes, and ions | High school chemistry | Khan Academy

Every element is defined by the number of protons in its atoms, which is called its atomic number. So, for example, every atom of potassium has 19 protons, and every atom of cobalt has 27 protons. But what about neutrons? Well, an element doesn’t always …

Moving Back To California

What did Tesla just do? They moved back into the state of California. Disney’s moving their jobs back from Florida to the state of California. It’s at the point now where some staffers are ready to quit their jobs over the matter. Many tech companies have…

Africa’s Pristine Delta in 360 - Ep. 1 | The Okavango Experience

That first moment sitting by myself on an island in the Okavango Delta was the most profound moment of my life. It is, to me, a wilderness beyond comparison. The Okavango Delta is Africa’s last remaining pristine Witkin wilderness. It is an oasis in the m…

Homeroom with Sal & Dan Tieu & Sophie Turnbull - Wednesday, August 19

Hi everyone, Sal here from Khan Academy. Welcome, uh, again for joining our homeroom live stream. Uh, before we get into what’s going to be a really fun conversation with some internal Khan Academy team members to talk about all the new things we have for…

How much does it cost to own a corporate jet?

More Articles