yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

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.

More Articles

View All
The Tenth Amendment | The National Constitution Center | US government and civics | Khan Academy
Hi, this is Kim from Khan Academy, and today I’m learning about the Tenth Amendment to the Constitution, the last amendment in the Bill of Rights. The Bill of Rights was added in order to calm some of the fears held by those who felt that the new, stronge…
Preparing for Mules | Live Free or Die
In the wilderness, economy doesn’t exist. The only economy we have is an economy of motion. I have no electricity, no running water. If the world came to an end, I could totally take care of myself. My blacksmithing puts food on the table; it’s my main me…
Safari Live - Day 325 | National Geographic
This program features live coverage of an African safari and may include animal kills and carcasses. Viewer discretion is advised. Very exciting start to this drive! Don’t even worry about coming to my face. My name is Patrick, and on camera is Manu. We h…
Voter turnout | Political participation | US government and civics | Khan Academy
What we’re going to talk about in this video is voter turnout, which is a way of thinking about how many of the people who could vote actually do vote. It’s often expressed as a number, as a percentage, where you have the number who vote over the number o…
The Methods of Mathematics Are Fallible
If I quickly compare it to physics, we have this domain called particle physics. The deepest theory we have in particle physics is called the Standard Model, which describes all of the different fundamental particles that there are and the interactions be…
Regrouping whole number place values | Math | 4th grade | Khan Academy
Five thousands equals how many hundreds? There’s probably a few ways we could take this on, but maybe let’s start by thinking about these five thousands. Five thousands is one thousand five times, so let’s think about each of those thousands. Each of thos…