The REAL PRICE of Owning a Jet

The REAL PRICE of Owning a Jet

Thanks to our friends at Audible!

Disclaimer: signing up for Audible will result in financial compensation towards Alux Inc at no additional cost to you, the consumer.

How expensive are private jets?
Are private jets cheap?
Are private jets expensive?
When do i store my private jet?
Do i need a storage facility for a private jet?
How much does it cost to store a jet?
How much does it cost to hire a pilot for a private jet?
How rich do you need to be to own a private jet?
Are private jets worth it?
Do private jets need 2 pilots?
How much does it cost to land a private plane at an airport?
Are Pilots rich?
Can you smoke in a private jet?
Do private planes go through security?
Can private jets fly internationally?
How rich do you need to be to own a private jet?
What celebrities have their own private jet?
How much does a private jet pilot make?
How much does jet fuel cost?
How high can private jets fly?
What is the total REAL cost?
When is it actually time to buy a Jet?
Do you get charged for landing a private plane?
Can private planes land at major airports?
Do private planes go through security?
Do private jets have to file flight plans?
How much is the cheapest private jet?
How much does a g4 cost?
How much is the cost of private jet crew?
How much does it cost to maintain a private jet?
How much is a Gulfstream private jet?
Can I land at a private airport?
Can private jets land anywhere?
How much does it cost to buy private jet?
How much is the cheapest private jet?
How much does netjets cost for 25 hours?
How much does a private jet cost INR?
How much does it cost to deice a private jet?
What do they spray on planes deice?
How long does aircraft deicing last?
Are private jets safe?
How many private jets crashed in 2018?
Are private planes safer than cars?
How many planes crashed in 2019?
How much does it cost to insure a private jet?
How expensive is the insurance for private jets?
How much does it cost to detail a private jet?
How much does it cost to wash an airplane?
How much does jet fuel cost?

#alux #privatejet #privateplane

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[alux]

Hello Aluxers!  What would incentivise you to own a private jet?

Thanks to our friends at Audible!

[amtoj]

“Number 1- Private Jets are not cheap”
*Ah yes, the floor here is made out of floor*

[kosrae]

"Future billionaires like you"
Me: nodding my head

[part]

I just watched ProducerMichael's jet video and this video popped out on my recommendations.

[javiliyo]

1. Private jets are not cheap.
2. A Plane needs a storage facility for when it is not in the air.
3. Everytime you land you are charged a landing fee.
4.Fueling an aircraft is different to toping up your car.
5. You need some one to private jet and run it.
6. Each time you take off of land you are liable for airport taxes.
7. Just like a car, a plane needs parts upgraded, repair and regular services.
8. De-icing a jet is intergral, and not an area you should skimping on.
9. Your jet need to be insured.
10. Upgrade and customizations are par for the course
11. Acident to happen.
12. Crew overnight fees can rack up the bills
13. Clean fees are also part of your costs.
14. So what is total the costs.
15. When is it actually time to buy a jets

[mjdny]

She started with:
"For future billionairs like you...." thank you for the selfestem boost 👍 hahaha, you made a poor man feel better.
Edit : thank you everyone for the likes.
Alux keep uploading more intersting and informative videos

[davidfrank]

The biggest reason we went with a private Jet was for the fact that I hate dealing with the TSA. The only reason I had ever started flying was for personal business. Our oldest son once he graduated he joined the Marine corps. And his MOS sent him to California. After two plane trips to California to see him I had enough with commercial airlines. My wife had been bugging me for years to get a plane and I told her if it was something she really wanted that she needed to do all of the homework. She had no problem with that. So about 6 months later we bought our first plane. At that time we bought a used g5 since we were not certain on what we wanted and how we wanted it set up.

We got very lucky when it came to the pilot. Once we decided that we wanted to hire him he helped us down the road on picking out more options that would help us to be more comfortable and for him some more safety features. It's something to do with the computers that pilots use. I know nothing about that stuff. A lot of times his family will travel with our family. And whenever he needs to go somewhere for family business he's allowed to take our plane and he always tries to pay me back for the fuel which of course I would not ask. He has gotten up in the middle of the night and flew us across the whole United States just so we could be there when our first grandson was born.

So if you are ever considering going down this road make sure you get yourself a great pilot. It makes a whole difference.

[Barkingspider]

The majority of people owning a jet just write off expenses to a business.

[derek]

This channel is good at preparing future billionaires like me.
Note to self: Forget Tokyo.

[yasharmj]

The intro alone gave me the confidence to be a billionare

[provolone]

Fake rich: *buys car*
True rich: *buys private jet and uses it as a car*

[vedantgupta]

Hello alux i am a 16 year old kid planing to start a tech company and invest in real estate
I hope all the people reading this achieve your dreams

[lorenzolouis]

"For future billionaire like you" it's not Alux fault if you don't end up being billionnaire.

[nix_fx]

Everybody in my school: Studying for Monday's test
Me: Asking how much it would be to own a private jet

[johnazhderian]

Most private jets are leased and written off as a business expense. The leasing company provides maintenance and repair and a private pilot and crew.

[brycestewart]

Been a long time viewer. Personally, I love this particular video because I'm a pilot myself. Most of this was pretty accurate. Keep up the good work.

[GruntHarley]

Missing from this list are:
Maintenance Fee - If you own a JET you will need a mechanic or mechanics to oversee all maintenance and keep up with it. Aircraft have calendar items that must be complied with wether you fly it or not.
Along with maintenance there are programs you buy into and pay a fee per flight hour that will cover maintenance expenses in engines, and airframe.
WiFI - You will need to pay for internet, KA-BAND which is a satellite service can reach astronomical costs.
Training - Pilots and Mechanics required training which comes at a cost to keep operating the aircraft.

[ashishmaryjaison]

Me: I will own a jet one day
Clicks on next suggestion
Me: that's a good life hack

[Andrew-djdf]

One of rich redditors said: "always remember the rule of "Three F": if it flies, floats or f*€ks just rent it."

[stewsr]

Like the old saying "if u have to ask u can't afford it." Same with owning your own private aircraft, yacht, or second or third home. One shouldn't consider it unless your financially secure.