How the Uber of Private Jets Is Winning Over Celebrities and CEOs

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Bloomberg Originals

Bloomberg Originals

8 жыл бұрын

April 20 -- Why fly first class when you can book your own private plane? XOJET, the private jet company backed by TPG Capital, can take you across the U.S. faster than a commercial flight and its service is on demand. The company keeps client names secret, but social media posts from Instagram and Twitter reveal a few of them, including celebrities The Rock and DJ Tiesto. Bloomberg's Ramy Inocencio takes a private tour over Manhattan with XOJET CEO Brad Stewart.
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Пікірлер: 323
@honestycounts9352
@honestycounts9352 7 жыл бұрын
When you are an executive out to finish a $20 Million dollar deal, a small $30,000 fee to fly across the country is nothing. If you buy a ticket with a commercial airliner and you miss your flight because the security lineup is out the door of the airport, then you just lost $20 Million dollars. That's why this XOJET service is in such high demand.
@Gliam12345
@Gliam12345 7 жыл бұрын
You get TSA pre check and save your company $27,000.00....unless your company owns a jet membership with a reputable company like net jets
@tomjens2046
@tomjens2046 7 жыл бұрын
As if the deals always get canceled if other party misses the flight for excusable reasons. Plus if you are on 20mill deal you either arrive early, or if lines are huge you manage to get passed (if you are late usually you can skip it, people understand that).
@LilEshu808
@LilEshu808 3 жыл бұрын
@@Gliam12345 It’s a tax write off regardless
@08yallvon
@08yallvon 2 жыл бұрын
nice arithmetic, but there is an algebraic calculation also!
@generalinformation1446
@generalinformation1446 2 жыл бұрын
@@tomjens2046 first of all its a tax write of and its not just about one meeting. If you fly privat you can have 3 meetings in three different countries in Europe within one day and have lunch in a fourth (if you own the company ;P) if you fly commercial you need three days.
@truvelocity
@truvelocity 7 жыл бұрын
People on this thread just don't get it. There are a few million people who are so wealthy that 30 grand one way is relative to you spending 150 bucks one way. You have no idea what its like to be that wealthy and its not nuts to them.
@juiceski30
@juiceski30 7 жыл бұрын
There are a few thousand people.
@arishkr616
@arishkr616 7 жыл бұрын
who gives a fck about 30k when you get paid for litteraly do nothing as a job and get millions?
@sixfingerssaidtothefacepow34
@sixfingerssaidtothefacepow34 6 жыл бұрын
irishbreakfast There is someone in Africa saying the same thing about what you pay to eat at a nice mid-tier restaurant.
@clinton5708
@clinton5708 6 жыл бұрын
Doe' do i There is also a homeless dude in LA saying the same thing
@kabirigodswill2683
@kabirigodswill2683 5 жыл бұрын
@@sixfingerssaidtothefacepow34 That's soooooo true 😂😂😂😂
@JohnSmith-pp9ot
@JohnSmith-pp9ot 3 жыл бұрын
It's worth $30K to not have to deal with TSA.
@someguy6924
@someguy6924 7 жыл бұрын
Huge difference between Uber and XOJets: Uber doesn't own the vehicles using the platform, while XOJET directly owns its planes. More like "on-demand rental", nothing new here
@anthonyfoxlive
@anthonyfoxlive 3 жыл бұрын
It was the dog for me 🤣🤣🤣🤣
@stanwest3786
@stanwest3786 7 жыл бұрын
Comparing this to uber is an insult to the pilots and just about everyone else in the company.
@zes3813
@zes3813 7 жыл бұрын
wrg
@detBits
@detBits 7 жыл бұрын
they just used *uber* as a buzzword to get hits on the video, still insulting lol
@tabutu1
@tabutu1 7 жыл бұрын
Yep. Comparing a trained pilot to some chump of a cab driver. Bit of a stretch there.
@gg12345ification
@gg12345ification 7 жыл бұрын
The comparision is only made becouse its accutaly similar you can book it from your phone to go anywhere and you lift off only few hours after order. its the uber of the air.
@iamkamsai
@iamkamsai 7 жыл бұрын
by using the word uber hes refering to "on demand" nothing else.
@mikethm1974
@mikethm1974 7 жыл бұрын
Isn't this just the same thing as chartering which has been around forever? When it say uber, I was thinking people with their private jets were turning on their smartphones and clicking accept job and yelling to the pilot... "hey let's land in that airport over there... there is someone we have to pick up..."
@joshikhushchintan5661
@joshikhushchintan5661 4 жыл бұрын
🤣🤣🤣🤣
@genwilson7741
@genwilson7741 3 жыл бұрын
I was kinda thinking something similar. I thought it was a lbs Uber-like platform which allows high end clientele to book a ticket on a private jet last minute with this company. This doesn’t really connect with Uber much at all.
@driven2succeed141
@driven2succeed141 3 жыл бұрын
😂😂😂😂😂😂😂
@danyalrazzaq7033
@danyalrazzaq7033 2 жыл бұрын
😭😭🤣🤣🤣🤣 great comment !
@lastchance4516
@lastchance4516 7 жыл бұрын
i was thinking of buying a jet but it looks much easier to just rent it when ever you need it.
@Rezoan
@Rezoan 2 жыл бұрын
So did you buy or rent?
@MarushDenchev
@MarushDenchev 7 жыл бұрын
And here I am watching this from my 2 by 2 cubicle.
@hothotheat3000
@hothotheat3000 3 жыл бұрын
Some commercial first class tickets are more expensive than a private flight.
@Bb-br3xg
@Bb-br3xg 2 жыл бұрын
Because first class suites can be much more luxurious in terms of food and amenities
@Big7media2011
@Big7media2011 7 жыл бұрын
Uber of Jets for $30k? I'll just jump back on my Southwest flights for $79 one way
@AllenHanPR
@AllenHanPR 7 жыл бұрын
I don't know any idiot, who will choose extra 4 hours of inconvenience for $29,921.00 I'm with you. I still have enough to pay for 10 strippers, a hotel and kilo of coke..
@IKonrad112
@IKonrad112 7 жыл бұрын
Lets say you have a client in LA that can fulfill a large order worth millions of dollars, but to secure the purchase order you must meet with the purchaser in NYC. You get the deal, only to discover that you have literally 8 hours to get to LA and prep your client and begin to fulfill the PO. Are you really going to risk a million dollar deal on all the insecurities and time constraints that come with flying commercial? If you are a wise businessman, you wouldn't. $30k may not make sense to most people; but when one's time is worth millions of dollars an hour, the advantages of flying private become clear. CEO's often have "call-back" or "recall" requirements; meaning important board members and execs of large firms always have private jets on the ready, even while on personal vacation, do to the importance of quickly being able to get the director or officer back to HQ in case of an emergency.
@richardgordon
@richardgordon 6 жыл бұрын
Joe Bigornia But they need a private jet to carry their egos around with them.
@Rarain2012
@Rarain2012 6 жыл бұрын
Allen Han beautiful lol
@4Gentry4
@4Gentry4 6 жыл бұрын
$99 Round trip!...lol
@ob1853
@ob1853 7 жыл бұрын
Buddy, the top 10% of the 1% are not worth $40 million
@juliakristin7901
@juliakristin7901 7 жыл бұрын
exactly, he was making up numbers
@adad-ec6ht
@adad-ec6ht 7 жыл бұрын
More than that.
@leloodallasmultipass
@leloodallasmultipass 7 жыл бұрын
"or more". waste of a comment.
@IKonrad112
@IKonrad112 7 жыл бұрын
Actually his numbers were pretty spot on. In order to be considered in the top 1% of earners all you need to do is make approximately $460k a year and/or have about $10 million in accumulated worth. To be in the top 10% of that 1% (aka the top .1%) you need to earn almost double that yearly and have a net worth of at least $23 million. These numbers go up every year, but that was based on 2016's median income...
@jbevolve2023
@jbevolve2023 6 жыл бұрын
CORRECT !!!
@donut044
@donut044 7 жыл бұрын
but does that private plane have an audio jack?
@reffee
@reffee 7 жыл бұрын
In other words, this is business aviation and has been around for decades. Just because you put "Uber" in front of everything doesn't mean it's new.
@travelmonkey6999
@travelmonkey6999 7 жыл бұрын
If you fly ever week it's best to buy one s plane... but if you fly 5-7 times a year this is the best option
@manuzsanand
@manuzsanand 7 жыл бұрын
Pierce Brosnan's latest movie : I.T. shares this concept of "Uber of private jets."
@mazeaviation5000
@mazeaviation5000 7 жыл бұрын
0:27 "flashbacks intensify"
@Indianclassicmusic1
@Indianclassicmusic1 6 жыл бұрын
Wonderfull nice one video !!!!!!!!
@zemflame8728
@zemflame8728 3 жыл бұрын
Just wanted to know if they are still operating
@Rocketmann08
@Rocketmann08 7 жыл бұрын
1:03 wow Donatella Versace looks so young there.
@rock3tcatU233
@rock3tcatU233 4 жыл бұрын
Those were her pre-botox days.
@jessem7554
@jessem7554 4 жыл бұрын
Lolz
@anesshaban497
@anesshaban497 7 жыл бұрын
anyone know the name of the brand of the headphones the pilots wearing?
@skye1212
@skye1212 7 жыл бұрын
Wow, the jet can land on a flat street as long as its 300 feet long.
@mohammedaso199
@mohammedaso199 7 жыл бұрын
ha
@mz610
@mz610 7 жыл бұрын
3000*
@bcoaviation1755
@bcoaviation1755 5 жыл бұрын
Amazing ! :)
@SimonChengHK
@SimonChengHK 7 жыл бұрын
in 2:18 the relay satellites connection ( LSE: ISAT) or NYSE MKT: GSAT / NYSE: I and IRDM without using any password to connect? we thought their is 802.1x with EAP-SIM via Wireless Pre Shared Key second enterprise in AAA login via(CSCO/JNPR), also generate a invidical non copy certificate via global HQ in LDAP (light weight authorization protocol )also login server for traffic analysis and classification in 2:32 the plane make by french corp or (NYSE:BA) or ? also will the Uber PJ back end date operator /admin pro mist not using the customer details for marketing proposal ? not handle to jouristism , not giving it to authority / regional agency or national NGO? Nor recording and monitoring (blur) what the customer doing in their trip (which should protecting by the customer nationality(dual or multi-citizenship local law than the register company law >_< Finally our VC/PE grp who guess the customer who speaking (arabic/urdu/Farsi/hanJa , African language/ PYCCKNN /roumania /West-north mandarin/ bahasa / Teng Viet as their first language)
@desidedomohabaljr.4925
@desidedomohabaljr.4925 5 жыл бұрын
Perfect transpo for drug mule. 30K per trip? Damn it's worth it 😂
@obsgr1
@obsgr1 7 жыл бұрын
Sad that they can't afford Bose A20 Headsets and got stuck with QC15's.
@parijatchatterjee5086
@parijatchatterjee5086 7 жыл бұрын
the pilots at the end of the video are actually using bose headphones
@donbaxley5530
@donbaxley5530 7 жыл бұрын
Now that is living!
@BrunoDeMarques
@BrunoDeMarques 5 жыл бұрын
30k a trip? I can see the resemblance with Uber
@2011blueman
@2011blueman 7 жыл бұрын
That was not at all informative. How is there service any different from the netjet marquis card and other similar programs?
@thembisiletheintroducerjel6432
@thembisiletheintroducerjel6432 3 жыл бұрын
I hope they open up for new investors
@will16320
@will16320 7 жыл бұрын
"the uber of" aka our shitty startup
@billgreene9170
@billgreene9170 7 жыл бұрын
With 17 $22,000,000 jets.
@PeterbiltEmzie
@PeterbiltEmzie 7 жыл бұрын
They have more than a 1/4 billion in assets, and have been doing this for like 7+ years, weren't you paying attention?
@bubbleman1081
@bubbleman1081 7 жыл бұрын
Given the convenience and privacy of a private jet. $30K from NY to LA is not outrageously expensive when you can share it among 6 passengers. $10K per person round trip.
@Neo-gd5jy
@Neo-gd5jy Жыл бұрын
One of the biggest clickbaits of this video is putting The Rock on the thumbnail.
@LMays-cu2hp
@LMays-cu2hp 3 жыл бұрын
Very nice.
@gp5
@gp5 6 жыл бұрын
Why is it that there's always some low-key company we've never heard of like "xgtd7625dg23hahalolol Capital" or "123abc Financial Group" that owns these bigger companies like Uber?
@IT-28
@IT-28 8 жыл бұрын
We use JetSmarter...
@michellemarie1197
@michellemarie1197 5 жыл бұрын
Might look into doing this and then buy a jet plane later on
@patrickbooth8009
@patrickbooth8009 7 жыл бұрын
I just want to see the fare pricings.
@adilchoudhury4249
@adilchoudhury4249 7 жыл бұрын
Patrick Booth Keep on dreaming....this is only for those who can afford it and they are tier 1 rich people. This won't work as a Uber or lyft pool brahhh!
@faceoff3315
@faceoff3315 7 жыл бұрын
the challenger 300 is a expensive plane.
@NahumTheMayhem
@NahumTheMayhem 7 жыл бұрын
American airlines, Delta airlines, Southwest airlines and United airlines should start protesting this service. Bring all your jumbo jets and block the runways just like cab drivers do when they protest and block all roads LOL
@quinnjim
@quinnjim 7 жыл бұрын
Major airlines are not in competition with this company. Their clientele are too rich to fly commercial airlines.
@NahumTheMayhem
@NahumTheMayhem 7 жыл бұрын
sarcasm my friend, sarcasm. lol
@nobitaleloi96
@nobitaleloi96 7 жыл бұрын
quinnjim you must be fun at parties right
@brandonreed09
@brandonreed09 8 жыл бұрын
How exactly is this the Uber of jets? More like clickbait for a puff piece about this company.
@brianmcgee115
@brianmcgee115 8 жыл бұрын
really? its just like uber. I want to goto Vegas I pull up their app, tell them where I'm at, where I want to go and when I want to leave. I goto the airport, the plane is there, I get on and goto Vegas. just like uber but with planes you can't do that on netjets or flexjet unless I buy part of the airplane just like he said in the video lol
@brandonreed09
@brandonreed09 8 жыл бұрын
Brian McGee​ do you work for these people. This is nothing like the Uber of Jets. Google Uber of Jets and you will actually find an actual company that has a much more comparable business model.
@JoeBlac
@JoeBlac 8 жыл бұрын
+Brandon Reed were you hinting at BlackJet - the "Uber for jets" that is no longer in business?
@tomballard9451
@tomballard9451 7 жыл бұрын
Brandon Reed 9o9.o.
@cameron8687
@cameron8687 7 жыл бұрын
The CEO in the video made the comment that the price fluctuates with demand which is very Uber-esque.
@kentheengineer592
@kentheengineer592 2 жыл бұрын
$2k to $5k per week via membership for jet rental makes sense
@Zay13378
@Zay13378 5 жыл бұрын
My dads pilot is only 11k ! Damn this guy is nuts! After all my dad plane is only a a bit over 2 million
@johnfolsom9682
@johnfolsom9682 6 жыл бұрын
I’ll just continue to get moved like Cattle.
@kyyyhl
@kyyyhl 8 жыл бұрын
Cool
@artishuk
@artishuk 8 жыл бұрын
They won't rip me off
@100pyatt
@100pyatt 5 жыл бұрын
It's all relative.....
@morganbailey5990
@morganbailey5990 6 жыл бұрын
most commercial airliners fly at Mach 0.85
@mohsinrparkar3407
@mohsinrparkar3407 7 жыл бұрын
I guess these guys never heard of taking an interview in a sound proof room.. Such low production values from Bloomberg?? Unbelievable...
@AllenHanPR
@AllenHanPR 7 жыл бұрын
You sound like a pleasant person to have a conversation with.
@TheReturnOfStephan1
@TheReturnOfStephan1 7 жыл бұрын
That indicates that they don't pay attention to the details. So much for "luxury"...
@jamesrockford5145
@jamesrockford5145 7 жыл бұрын
I'd like to hear what "here in my garage" Tai Lopez has to say, I value his opinion as I do also Alex Jones, of Infowars.
@mustafakarabiyik
@mustafakarabiyik 7 жыл бұрын
Was that Saruman?
@obsoleteprofessor2034
@obsoleteprofessor2034 3 жыл бұрын
Its a time/value thing. Time is money
@fr3shSwag
@fr3shSwag 7 жыл бұрын
The top 10%of the 1% have their own jet.
@rs3coop
@rs3coop 6 жыл бұрын
netjets is much better
@allloveloveall8937
@allloveloveall8937 6 жыл бұрын
how is this uber????
@GenerousFarmer
@GenerousFarmer 7 жыл бұрын
Top 10% of the top 1%? Net worth 30 million or more? I dont think so..
@adrianenterprise5829
@adrianenterprise5829 5 жыл бұрын
But that’s how mafia works
@Flyingout7
@Flyingout7 6 жыл бұрын
You mean charter like every one else lol.
@jery2847
@jery2847 7 жыл бұрын
so how is this new?
@jery2847
@jery2847 7 жыл бұрын
oh yeah he says Uber!!!
@JevonPiper
@JevonPiper 5 жыл бұрын
If you choose Pay Per Flight programs versus Fractional Ownership (Ie. Netjets & Flexjets) you don't know how to make money work for you.
@jameshendershot3298
@jameshendershot3298 7 жыл бұрын
red sea scuba
@mehnoordhillon2281
@mehnoordhillon2281 7 жыл бұрын
seems like a regular ass jet charter company
@cody_janssen831
@cody_janssen831 3 жыл бұрын
It must be amazing to be so rich that $30k is nothing like I almost have a aneurism if I find a dollar on the ground
@daim2025
@daim2025 8 жыл бұрын
nice
@ragnarjohannsvarsson3909
@ragnarjohannsvarsson3909 4 жыл бұрын
Best
@charteraprivatejet7624
@charteraprivatejet7624 2 жыл бұрын
you can book your own private plane
@FornoDan
@FornoDan 3 жыл бұрын
Wheels up
@jazilzaim
@jazilzaim 7 жыл бұрын
Jet smarter is a better service than this.
@JasonR007
@JasonR007 6 жыл бұрын
Jet Smarter is a partner of XOJET, dumb, dumb!
@euphonikprince8801
@euphonikprince8801 6 жыл бұрын
From LA to NY 30k 😅😅😅😅😅😂😂
@headofthetable5755
@headofthetable5755 6 жыл бұрын
$30k to NY from LA? You high as hell. You can fly 1st class for that..............10 times.
@entropy22
@entropy22 5 жыл бұрын
Head Of The Table yes, with other 150. People who use this service might also bring family, friends, colleagues, and pay only 1 fee for entire plane
@adrianenterprise5829
@adrianenterprise5829 5 жыл бұрын
But that’s how mafia works
@mathewchakkalamuriyil7034
@mathewchakkalamuriyil7034 6 жыл бұрын
and I complain about how much uber x is
@tinkertime577
@tinkertime577 6 жыл бұрын
I ask them to wash it and they take for a joy ride!
@carleeroseterangi6923
@carleeroseterangi6923 Жыл бұрын
160 jets
@Itsallawesome
@Itsallawesome 4 жыл бұрын
A person with a net worth of $40m can very easily make about $6500 a day just for breathing.
@MrChiefBlackhawk
@MrChiefBlackhawk 7 жыл бұрын
30k for a single flight vs how much to rent/lease a jet/month?
@BSCO17
@BSCO17 7 жыл бұрын
no its per flight, vancouver canada to las vegas nevada is 30k.......one way.......
@MrChiefBlackhawk
@MrChiefBlackhawk 7 жыл бұрын
Yeah I know, I'm just saying, that's expensive as hell, I'm sure renting/leasing a jet is cheaper
@beachbum1523
@beachbum1523 11 ай бұрын
Actually, you couldn't operate a PC-12 for $30,000. per month, much less a jet.
@TBrownRecords
@TBrownRecords 5 жыл бұрын
OH My 30k hahaha :-)
@javiervazquez3948
@javiervazquez3948 6 жыл бұрын
30grand for a trip for a one way? No way in hell I’ll pay for this if I was in the one percent. It’s just too much money wasted for no reason. I can understand 8 grand for a one way but 30 is too much.
@crashweaverda
@crashweaverda 5 жыл бұрын
I see nothing new in the business model and it's nothing like uber.
@conductingintomfoolery9163
@conductingintomfoolery9163 3 жыл бұрын
If it cost me 4K to be lock with high net worth people for the next 3 hours that’s is a steal deal
@doofusgilmore7164
@doofusgilmore7164 5 жыл бұрын
Unlike uber you can negotiate price. Generally there is $10k in negotiation room. From Indy to Aruba we pay $24k.
@mirzaahmed6589
@mirzaahmed6589 6 жыл бұрын
The Points Guy owns Uber?
@sweeper1977
@sweeper1977 4 жыл бұрын
No that's not Uber. If the Rock gave me a ride on his private jet for like 30k, it would be Uber.
@amandeep4972
@amandeep4972 7 жыл бұрын
pretty dumb idea those planes are leased which means they need a steady flow of passengers to stay afloat
@Vingtoft1011
@Vingtoft1011 7 жыл бұрын
Thats a problem all aircraft carriers have. No passengers = no business.
@2010drive
@2010drive 7 жыл бұрын
Yeah typically businesses need to have customers to stay in business....
@carleeroseterangi6923
@carleeroseterangi6923 Жыл бұрын
Leaders jets.
@movingforward2525
@movingforward2525 7 жыл бұрын
In the hood they fly Mo Betta Jets, get to yo concert fo shizz. Bring some homeboys too.
@ramona2400
@ramona2400 7 жыл бұрын
your ole ass is so stupid what you know about the hood nigga
@mvious1
@mvious1 7 жыл бұрын
I'm old and the hood was around in my days :) - Flatbush, Brooklyn - 1986- Still the hood today.
@carleeroseterangi6923
@carleeroseterangi6923 Жыл бұрын
Jet plane
@scottab140
@scottab140 6 жыл бұрын
Buy, never lease a private jet. ;)
@derecmathewo1431
@derecmathewo1431 7 жыл бұрын
Jet fuel killing us
@CucukCreations
@CucukCreations 7 жыл бұрын
1 person owns this world and it's God
@auro1986
@auro1986 5 жыл бұрын
if this is the uber of private jets can we soon expect their pilots do the same stuff what uber drivers did like raping customers, strikes and uploaded videos of themselves fighting with passengers?
@rotaryperfection
@rotaryperfection 7 жыл бұрын
I would rather spend this much on having a private flight for myself than for a small space traveling business class on a major airline.
@radicaledwards3449
@radicaledwards3449 8 жыл бұрын
how'd he figure that a net worth of 30-40 million is top 10% of 1%?
@radicaledwards3449
@radicaledwards3449 8 жыл бұрын
+HateGovernment I'm sure the top 10% of the 1% has hundreds of millions at the very least
@SuperDarius01
@SuperDarius01 8 жыл бұрын
The 1 percent starts at people with a net worth of more than 600K net worth. What you are talking about is the one percent of the one percent.
@marks6663
@marks6663 7 жыл бұрын
dude, you are way off. In the US there are only 540 billionaires out of a population of 330 million. That is 0.000002% of the population. The top 10 % of the top 1 % is one in a thousand. Billionaires are One in half a million. Most of the top 1% have between 1 million to 5 million in total assets, most of which would be the value of their home. The top 10% of this group, would have maybe 10-40 million - exactly what this guy in the video said.
@526123unknown
@526123unknown 7 жыл бұрын
I thought it was the people that make 300k
@anonimushbosh
@anonimushbosh 7 жыл бұрын
There's no way one in every hundred American adults has over a million dollars. And you can only count the equity in a property.
@ffffffffffffffs
@ffffffffffffffs 2 жыл бұрын
Your paying for convenience also to stay away from the less fortunate in life and their sometimes bizarre behaviour.
@tiqo8549
@tiqo8549 7 жыл бұрын
Tiësto's own plane broke or whut ?
@othmanyussofyussofrazak3353
@othmanyussofyussofrazak3353 8 жыл бұрын
#POSH7 &Othman Shah.👉🎧Ⓜ🎧
@AchilleasDrakou
@AchilleasDrakou 7 жыл бұрын
The actual uber of jets is called JetSmarter. This is BS
@shepd1
@shepd1 7 жыл бұрын
Anyone who wants to can go right now to one of hundreds of charter operations and charter an aircraft to go anywhere in the world they want, on demand. This is not a new idea by any stretch, but they are doing it well, and well-funded. FAA Part 91 and 135 are different regulations that demand different actions. The only thing keeping anyone from doing this is their own ambition. Go out there and get it.
@carleeroseterangi6923
@carleeroseterangi6923 Жыл бұрын
Leaders jets
@leepakim
@leepakim 8 жыл бұрын
I`d rather get my own plane
@gabiwabi123
@gabiwabi123 8 жыл бұрын
+HateGovernment if you can afford a jet you can afford people to do that for you
@gabiwabi123
@gabiwabi123 8 жыл бұрын
HateGovernment doesn't matter if you got enough money for a jet if they pull a extra 100 you won't even notice
@BelowMinimums
@BelowMinimums 8 жыл бұрын
If you don't fly enough buying your own plane actually becomes more expensive than doing this. Even rich people like saving money. I heard one guy who used to own his own private jet but switched over to what Flexjet does (fractional ownership, you own the plane for an X amount of hours a year and other people own it the other hours) and he saved millions. He said in order to make owning your own plane the cheapest option you need to fly at least 150- 200 hours a year.
@BelowMinimums
@BelowMinimums 7 жыл бұрын
Because that's only $12,000 a year... you would have to save for 83 years and 4 months to cross the million dollar mark.
@BelowMinimums
@BelowMinimums 7 жыл бұрын
I gave my answer off the information you provided in your initial comment. Your initial comment said nothing about you having an IRA and you simply stated you save $1,000 per month, thus my answer of 83 years and 4 months.
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