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!

3m-75m to buy. 1m-7m a year to own. Still want one? :ugh:

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.

I myself have been dreaming of winning the lottery, just so I can get OUT of aviation. :}

Best of luck to both of us..

Hi!

+1 :D

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.

Trim Stab
 

"get a single (non-British!) pilot"

Care to expand on this crucial piece of advice?

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!:eek:

the concorde TC has been cancelled, so now, none are operating or operable

Nuname - not being rude about British pilots - just salaries are much lower on continent than in UK.

Trim Stab
 

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 ;))

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)

Remember: The guy has won the lottery. Money is no issue. Why should he get his tooth fillings shaken out at FL 200 when he can have a quiet ride at FL360? And a lot of people are really scared (and unimpressed) by anything that has propellers on it. I know because I have flown those things for 20 years. The man needs a jet, nothing else will do!

There is always a big difference if you fly because _you_ want to fly or if you _must_ fly because somebody else _wants_ to fly (and you have no other way to pay your bills). I would certainly not give up recreational flying if I win the lottery, but getting up at 4:15 in the morning for other people? Certainly not.

FL360 is that the drift down altitude?

Bizjet Costs
 

We spend about $4.1m annually operating, maintaining, insuring, hangaring and staffing our Gulfstream. Based on about 500 hours of operation.

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.

I just want to win the lottery and have nothing to do with aviation again!

Apart from the one flight to my private island!

Thanks folks I now think when my numbers come up I'll invest in a nice Ferrari and fly down to France on Ryanair or even go mad and splash out on Easyjet!

Just sleep in the hangar, that'll save you 30 minutes or so... :E

Oops
 

Talked to my accountant. We don't spend nearly that much.