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.

Reshma Shetty Speaks at Y Combinator's Female Founders Conference 2016

What Does Mars FEEL Like?

View All

The Shadow Of Toxic Positivity

Negative thinking can really impede one’s ability to lead a fulfilling life. When everything is wrong with the world and nothing is worth pursuing; what’s the point in life, really? Even though a positive mindset is generally more preferable than a negati…

How to Stop Hating Yourself

Everyone has moments of dislike of themselves at some point in their lives. It could be because of something we’ve done, some aspect of our bodies, or maybe we believe we’re just not good enough. Whatever the reason, disliking ourselves means we’re not co…

Sun Tzu | The Art of War

If you know neither the enemy nor yourself, you will succumb in every battle. Sun Tzu War is part of life. It’s in the nature of most living organisms to engage in battle, defeat opponents, and to dominate. With humans, we see this happen in war, in bus…

Thermodynamics vs. kinetics | Applications of thermodynamics | AP Chemistry | Khan Academy

In chemistry, it’s important to distinguish between thermodynamics and kinetics. For example, if we think about the conversion of carbon as a solid in the diamond form to carbon as a solid in the graphite form, thermodynamics tells us what will happen. Wi…

This Teen Boxer Wants A Chance to Compete Wearing Her Hijab | National Geographic

There’s a prayer that we do that says, “If this is good for me, give it to me, and if it’s not good for me, then keep it away from me.” Every time I make that prayer, I’m like, “But what if God takes it from me?” My name is Amaya Zafar. I’m 16 years old …

Mean and standard deviation versus median and IQR | AP Statistics | Khan Academy

So we have nine students who recently graduated from a small school that has a class size of nine, and they want to figure out what is the central tendency for salaries one year after graduation. They also want to have a sense of the spread around that ce…

How much does it cost to own a corporate jet?

More Articles