Good video. You have made it clear that you better have your big boy pants on when one goes to buy, lease, or fractional share a business aircraft. I like the way you explain the numbers. . . . Shows how complex the thought process ought to be to get an acceptable result.
how i look at the overall value is, how much does it save me over the 5 year period of the term, then how much could i get back after the term. So if I am always flying with 9 passengers for 200 hrs per year, how much did i save from paying for each ticket per year, then how much i get back after resale. If I end up spending less in the 5 years, then yup, great deal! As a business, this should be a written off expense anyway, they are called business/executive jets for a reason, not PERSONAL jets. So even personal, you supposed to write that off as an expense anyway. Plus the convenience value can not be calculated!
The fractionals are all flying like crazy. This week I flew several flights for jet card owners and 1/4 share owners. They told me that there are 4,000 people on the waiting list for jet cards and if you want a 1/4 share you must put down a 50% deposit on your share price and wait 3 years (with no access to fleet aircraft)..... Current share owners are often enticed to downgrade aircraft, something never done in "normal" times.
I appreciate your efforts! 🙏 Just a small off-topic question: 😅 I have a set of words 🤷♂️. (behave today finger ski upon boy assault summer exhaust beauty stereo over). I’d be grateful for some help. 🙌
Great content, as always! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Could you explain how to move them to Binance?
looks like your understanding of depreciation is somewhat related to that old chinese saying about the ones looking at the finger and not the Moon... 🤤
Why would you use a dated aircraft and outdated numbers. Worthless information for today’s market for helping anyone decide about fractional ownership.
Can't believe this has under 1000 views. There is so much valuable info!
Good video. You have made it clear that you better have your big boy pants on when one goes to buy, lease, or fractional share a business aircraft. I like the way you explain the numbers. . . . Shows how complex the thought process ought to be to get an acceptable result.
how i look at the overall value is, how much does it save me over the 5 year period of the term, then how much could i get back after the term. So if I am always flying with 9 passengers for 200 hrs per year, how much did i save from paying for each ticket per year, then how much i get back after resale. If I end up spending less in the 5 years, then yup, great deal! As a business, this should be a written off expense anyway, they are called business/executive jets for a reason, not PERSONAL jets. So even personal, you supposed to write that off as an expense anyway. Plus the convenience value can not be calculated!
In another universe and another time Richard Gere is selling private jets! lol
literally omg
Thanks, mr Richard Gere
Lol!
Great video! I love when you do the comparisons to the different things with same names….those are always funny.
Top notch as always.
You know this guy totally cleaned up back in the day with the Richard Gere look. Maybe even still lol
The fractionals are all flying like crazy. This week I flew several flights for jet card owners and 1/4 share owners. They told me that there are 4,000 people on the waiting list for jet cards and if you want a 1/4 share you must put down a 50% deposit on your share price and wait 3 years (with no access to fleet aircraft)..... Current share owners are often enticed to downgrade aircraft, something never done in "normal" times.
Love❤ from India🇮🇳.
Great video! Thanks
great video!
ty
very useful info
I appreciate your efforts! 🙏 Just a small off-topic question: 😅 I have a set of words 🤷♂️. (behave today finger ski upon boy assault summer exhaust beauty stereo over). I’d be grateful for some help. 🙌
Great content, as always! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Could you explain how to move them to Binance?
Sounds like some deals on challengers coming soon
could there be a Nextant mass buy up to get cheap airframes to upcycle/PimpMyFlite? 😏
When you pay hourly for the programs, for example RRCC, do you have to pay anything when its Overhaul time?
No
Hey is it possible to upgrade a Gulfstream GIV SP 's flight deck to the new Symmetry Flight deck and if possible how much will it cost
1-1.2 mil
50% depreciation in 5 years is similar to luxury cars
you couldn't get a more up to date example ???
looks like your understanding of depreciation is somewhat related to that old chinese saying about the ones looking at the finger and not the Moon... 🤤
Why would you use a dated aircraft and outdated numbers. Worthless information for today’s market for helping anyone decide about fractional ownership.