The Insane Economics of Owning a Private Jet

#PrivateJet #Aviation #BusinessDocumentary What really happens after you buy a private jet? The purchase price is only the beginning. Even while the aircraft sits inside a hangar, it continues generating enormous bills through pilot salaries, insurance, maintenance, management fees and depreciation. Once the engines start, fuel, landing fees and hourly operating costs push the numbers even higher. In this video, we calculate the real economics of owning a private jet, from smaller entry-level aircraft to midsize jets and long-range Gulfstreams. We examine why ownership can cost more than one million dollars every year, why flying fewer hours makes each trip more expensive and how quickly an aircraft can lose millions in value. Subscribe for more stories about aviation, money, business and the hidden economics behind the machines that keep the world moving.