Dreaming of winning the lottery!
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Dreaming of winning the lottery!
I was walking the dog and day dreaming that I had won a very large sum on the lottery and it crossed my mind I would like a small jet.
Now I am not a pilot so would need to hire a couple plus, of course, buy a suitable aircraft.
What would I need to be able to fly to South of France and Spain (costas) how much would it cost to a, buy b, crew and c maintain and park?
So, in short, how big a fantasy win do I need?
Thanks
Ps if it comes true there may be a job in it!
Now I am not a pilot so would need to hire a couple plus, of course, buy a suitable aircraft.
What would I need to be able to fly to South of France and Spain (costas) how much would it cost to a, buy b, crew and c maintain and park?
So, in short, how big a fantasy win do I need?
Thanks
Ps if it comes true there may be a job in it!
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you can get a citation with fresh phase 1-4, engines on a program and nice P&I for about 1.5m US.
Dont employ your own pilots, have a company manage it for you and perhaps offset some of the cost with some charter revenue.
Dont employ your own pilots, have a company manage it for you and perhaps offset some of the cost with some charter revenue.
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Hi!
+1 
Anyway, for the price of owning, maintaining and crewing your own aircraft, you can charter a Concorde for every flight you do. (At least you could have some years ago, today it would be an Airbus 380...). But don't tell my Boss...
I myself have been dreaming of winning the lottery, just so I can get OUT of aviation.
Anyway, for the price of owning, maintaining and crewing your own aircraft, you can charter a Concorde for every flight you do. (At least you could have some years ago, today it would be an Airbus 380...). But don't tell my Boss...
What Next - you have a job like that and you want to get out of aviation????
VCtendreness - you could buy a used CJ1 for about $1.5m, get a single (non-British!) pilot for about €60-100k per year, and running costs another €50-100k per year, depending on how much you use it.
VCtendreness - you could buy a used CJ1 for about $1.5m, get a single (non-British!) pilot for about €60-100k per year, and running costs another €50-100k per year, depending on how much you use it.
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Trim Stab
50-100k euros a year to run a CJ?
I think not. Insurance alone will probably take that and what of hangarage? Maintanance will run into the megabucks particularly an old machine like a CJ1.
Nav fees and landing fees will run into tens of thousands too.
All this and we haven't started an engine yet!
50-100k euros a year to run a CJ?
I think not. Insurance alone will probably take that and what of hangarage? Maintanance will run into the megabucks particularly an old machine like a CJ1.
Nav fees and landing fees will run into tens of thousands too.
All this and we haven't started an engine yet!
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Anyway, for the price of owning, maintaining and crewing your own aircraft, you can charter a Concorde for every flight you do.
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Oh ok, thanks for that. I'm not sure your right though, I freelance on a Falcon 900 and the European pilots are charging about 30% more than we do in the UK. I know this for a fact as I often fly with a few of them. Not that this has much to do with the original post, unless the original poster buys a Falcon 900 (call me 
)
)
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If it's just up and down to the South of France why use a jet?
I'd opt for a King Air 90 or a TBM850 if you can stomach single engine.
Both are well proven machines, perhaps a little slower but certainly a lot cheaper than a jet!
The King Air 90 GTi with a coffee maker and toilet on board, splash out on communications (iPad and wifi?) and "wow-factor" interior and you could still afford a drop dead gorgeous stewardess as an extra still for a lot less money (and more time!) than the jet option ..
(fly in the mid to high 200's region (above most weather), 1400 nautical miles range (almost 2500 kms), assume 270 TAS)
I'd opt for a King Air 90 or a TBM850 if you can stomach single engine.
Both are well proven machines, perhaps a little slower but certainly a lot cheaper than a jet!
The King Air 90 GTi with a coffee maker and toilet on board, splash out on communications (iPad and wifi?) and "wow-factor" interior and you could still afford a drop dead gorgeous stewardess as an extra still for a lot less money (and more time!) than the jet option ..
(fly in the mid to high 200's region (above most weather), 1400 nautical miles range (almost 2500 kms), assume 270 TAS)
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If it's just up and down to the South of France why use a jet?
What Next - you have a job like that and you want to get out of aviation????
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Marcus - In a GIV, ten mil note, 500 hours, two pilots, 3k direct op cost..that's about 2.5 mil a year. The assumption being your actually putting money away for engines, not paying $6/gal for fuel, that you didn't buy a dog that's in the shop every ten minutes, etc etc...
2.5 mil write off against a 40% tax rate = 1 mil tax savings.
You should be out roughly 1.5 a year and we haven't even gotten creative yet.
2.5 mil write off against a 40% tax rate = 1 mil tax savings.
You should be out roughly 1.5 a year and we haven't even gotten creative yet.
