Discussion about costs of flying. A little simplified, but will get the bullet points.
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This is the best channel on small jets on the internet. A channel that actual pilots can relate to.
@Ozgrade33 жыл бұрын
Thank you very much!!
@windingtrail93193 жыл бұрын
Actual pilots.....don't buy aeroplanes.........Aircraft owners do.
@SuperSetright3 жыл бұрын
@@SuperSetright I’m a pilot and I own a plane
@Dont_Think_Do_Films2 жыл бұрын
Thanks for the details!! Straight and to the point, much better to hear the numbers from a Pilot's perspective than written material.
@torianoevans3 жыл бұрын
I spent my 40+ year career in the maintenance side. I got my ppl, a&p, ia. I have around 430 hours pic. So a fairly rounded knowledge base. It's was my experience that half of the aircraft owners had no business owning an airplane as they couldn't afford them. They were more a status symbol than a work tool. Kind of like a trophy wife. They look good but that's about it. Then you have the penny pinchers who put everything they could on the mel. And they wondered why they would miss flights because the aircraft was down. Almost invariably they would blame it on the airplane. They would say how they got stuck with a lemon and we're screwed by the salesman and seller when in fact it's the other way around. The plane got stuck with a lemon owner. My best guess is about 25 percent of the owners understood and we're willing to properly maintain their aircraft no question about it. These were the same people who always made their flights as the airplane and pilots were in good shape. That brings up another point. Pilot turnover. These same 25 percent had no turnover as they took care of their pilots and crew as well as they do their aircraft. The penny pinchers can't keep pilots so just like the airplanes, it costs them more in the end. No hangar queens and no questionable pilots if you do it right. Just sayin. Be safe up there.
@Big.Ron13 жыл бұрын
@Rob Hunter If you don’t mind please clarify what you mean by taking care of the pilot and crew? How, don’t they have a set fee? Thanks.
@khandibaugh233 жыл бұрын
Many people spend all their life trying to look wealthy ,yes some are,but I know many who can't pay their electricity bill!
@stevenbatley86663 жыл бұрын
Some private jet owners may be spending more than they can afford, but they are far from broke. Just making a poor financial decision that will cost them but it wont bankrupt them and they will still be well off, and certiatnly still in the 0.1% of wealth. (excluding ppl who own sub 2m planes, I'm taking jets) @Steven Batley
@miked33712 жыл бұрын
@@khandibaugh23 duh dud...You are Already in that 75% cat. WOW.
@bowhunter82352 жыл бұрын
@@miked3371 proof yet again; not all ta whom have it doeth deserve it.
@bowhunter82352 жыл бұрын
Gosh!! I was planning on purchasing a fleet of 15 G650’s. I’m reconsidering now. Great video btw!
@Blue_Angel.5553 жыл бұрын
15* Wow. G650 is my middle name.
@terryterry16553 жыл бұрын
Hahaha WHAT!
@johnnywalker56353 жыл бұрын
@@terryterry1655 an se rkdfcudkfZ ndfy
@josemarin50103 жыл бұрын
I am happy I came across this channel today. You have a new subscriber! Let me go and binge watch the rest of your content before I ask my question :)
@jalabi993 жыл бұрын
Really well done. But would have been nice to see a summary at the end and an overall hourly flight cost (even if just was a range).
@RobinsonStocks3 жыл бұрын
Just ran across your channel looking at different things since I was interested in flying! It was my surprise to see you based in Des Moines. Good luck with everything!
@5981333 жыл бұрын
Great video. I like the presentation style too. Thanks
@aviation35303 жыл бұрын
Absolutely Fantastic info.. cheers!!
@RobRuotolo13 жыл бұрын
Very down to earth presentation! Looking forward to more videos. Patrick from Albuquerque
@patrickmorrissey87543 жыл бұрын
Thanks Patrick.
@windingtrail93193 жыл бұрын
Thanks for the info ... my favorite aircraft the Phenom... ive got 25 years in aerospace manufacturing. Always been into aircraft
@coolmoodee3 жыл бұрын
Great job explaining all this!!!
@bruno843 жыл бұрын
It is very good you are explaining this for someone, a group of people or a comps wants to purchase a private jet. Whether purchasing a new or pre-used.
@LMays-cu2hp3 жыл бұрын
Very interesting and informative.
@colinpotter77643 жыл бұрын
Brilliant video, a very big wake up call, the running costs, and they only get bigger.
@stevenbatley86663 жыл бұрын
Yes, hehehe, in your video here I laughed because I live in Chicago. And yes I come from the commercial industry side. And having a lay over somewhere, it is nice to eat simple meals even in the hotel that you have crews layover. I am glad you are taking the time to educate people/companies that want to get into this industry. It is a great nut there are some details that non industry people have to start to hear. Fly safe.
@LMays-cu2hp3 жыл бұрын
Great video and aircraft, thanks
@crossapac64143 жыл бұрын
That was great Info! Sooooo appreciated ⭐👍🏾
@forevawhinnin4452 жыл бұрын
I could barely afford to watch this video without ADS , youtube premium keeps going up
@mannyrivera69903 жыл бұрын
LOL
@bowhunter82352 жыл бұрын
Well done video with content and explanation.
@johnmcelwain58843 жыл бұрын
Great video, very informative , thanks
@greenminer2553 жыл бұрын
Nice video man thank you for sharing
@THELIFEOFPRICE2 жыл бұрын
Nice frank presentation, thank you.
@biggles56332 ай бұрын
Thank you. Continued success in the Aviation Industry.
@LMays-cu2hp3 жыл бұрын
Happy 4th of July yo you and your family. Peace and fly safe always.
@LMays-cu2hp3 жыл бұрын
Another great video with great discussion! I looked into the operating costs of my future project and I have considered all items discussed by you so it was great to reaffirm my research. What complicates the buying decision are jet cards and fractional ownership clubs. Me: fly my plane. Wife-family: Hell no! Jet card/fractional ownership. I guess there's not much faith in this future pilot...
@SergioSilva-zc6id3 жыл бұрын
Thanks for the info. Priceless ,🤳🏾🤴🏾⭐⭐⭐⭐⭐🍿
@joedorsey78462 жыл бұрын
Thanks for the video/explanation, keep the blue side up!
@katanapilot0073 жыл бұрын
Good info. Another significant cost is supplemental lift when the pilots or plane is down and you can’t reschedule the trip.
@mtnairpilot3 жыл бұрын
Very true!
@windingtrail93193 жыл бұрын
I can afford the cleaning towel. Maybe some paper....
@PaulGarthAviation3 жыл бұрын
What a cool video...thanks for helping people learn about the details. Was wondering...in your experience what is the range of TBO/HSI costs...since you don't really know until we have a look in there. If it is $1.2mn total...would the range be $1mn to $1.4mn...?
@williamloh90183 жыл бұрын
Thank you so much.
@LMays-cu2hp3 жыл бұрын
Great information.
@artistaprimus70802 жыл бұрын
Very interesting video and topic
@bingbang33182 жыл бұрын
Great video!
@penacova1010103 жыл бұрын
Great video
@peternelson88613 жыл бұрын
Awesome video!
@topofthegreen3 жыл бұрын
very informative, very interesting, but wish you had given a "ball park" on pilot cost!!!!
@cathydrumobich90453 жыл бұрын
Great video! What about getting a flying license? How much is it?
@javiergra243 жыл бұрын
Do you polish the top of the fuselage ? Love to see you doing it
@LondonarabS3 жыл бұрын
I'm Really Liking that Van Halen Video "Dreams" after hearing This I Like That He Give's a Ballpark Break down Of Costs, Stuff I didn't know
@kxmrock3 жыл бұрын
This was a very informative and enjoyable video. Thank you. One day when my lottery ticket hits I will buy ....a HondaJet. :)
@OntarioAndrews4152 жыл бұрын
Wow, Thank you so much..for insight.. Deepika
@meditationrelaxation40342 жыл бұрын
So what do you think is better? Buying a brand new one or a used one?
@kadenabbott65463 жыл бұрын
That is a lot to think about, and I probably would not have considered all those extras, like Hanger, property insurance, pilot travel expenses.
@UberGeek3 жыл бұрын
I just want to know what the name of the polish is you are using on the airplane...
@TheLastDay-BobReese3 жыл бұрын
Owning, a private jet is not cheap... but it can ride comfortably. 👍👍
@lengxiong3061 Жыл бұрын
I know you wouldn't like reveal your numbers to how much you get paid but what do you consider a good range for what a phenom pilot should get paid (300 but if you know the numbers on 100 I'll be happy too)?
@mayankraj22943 жыл бұрын
Easy to understand why a lot of folks go NetJets, VistaJet, etc. Outright ownership can be complicated, unless you employ the right people.
@3204clivesinclair3 жыл бұрын
Very true.
@Big.Ron13 жыл бұрын
On the flip side is owning the plane and leasing it via Netjet, etc. to cover some of the cost of ownership.
@pmh1nic3 жыл бұрын
Its is expensive. If you fly 200 hours or more a year, ownership is more cost effective. We actually figure break even is around 100 hours compared to fractional. And we get a sales pitch almost every year.
@windingtrail93193 жыл бұрын
What’s a better option between having one jet like a G550 for example or having 2 planes like a G550 and a Phenom 100. The G550 for international and continental and a Phenom for local short distances. Assuming you fly 400 hours a year.
@KKOPPONG2 жыл бұрын
You say you have a boss, then you say WE buy the fuel, exc.... And you know enough about the entire operation to make one think that your part owner in this company? Great video!
@boom-rl7me3 жыл бұрын
No, just flown for same owners for 20 years. Advise on purchases, sit in on a lot of meetings. Approve A LOT of bills....
@windingtrail93193 жыл бұрын
@@windingtrail9319 thanks for covering this topic, always been curious but didn't think it was appropriate to ask.
@boom-rl7me3 жыл бұрын
The chief pilot or captain will know all the intricacies of the aircraft he flys because it is one part of his or her responsibility. The actual flying and related operations are just a small part of owning an airplane. There is a lot more to it than just the "glamorous" stick and rudder parts you usually see in videos.
@Big.Ron13 жыл бұрын
Nicely done... as a previous small business owner for 23 years, it's incomprehensible how high your GP percentage and EBITDA would have to be in order to support jet ownership. Obviously, I must have chosen the wrong business/career because we would never have been able to make a/c ownership sensible. .
@djohnson4274Ай бұрын
Can i pilote this very light jet with the ppl licence ?
@rayenyazid11813 жыл бұрын
Good information
@MikeB-in1nd3 жыл бұрын
Your right about everything..
@Howrider653 жыл бұрын
Awesome video make more
@danielperrotta14543 жыл бұрын
Does your annual recurrent keep you IFR current as well? or do you still need 6 approaches/1 hold every six months?
@Parr4theCourse3 жыл бұрын
It does count as an instrument competency check. But since I go every 12 months I still need to make sure I have my IFR currency for the last 6 months. Normally not very hard. But this year I have to make sure with the slow flying schedule.
@windingtrail93193 жыл бұрын
Can you do video on best retaining value jet to fly ohio USA to davo phillipines,even if smaller jet to mutilple stops to get into cheaper jet and where you would stop along way ? Try to include ballpark costs too as we all want know money to budget
@johnkovac44362 жыл бұрын
So what would it cost to fly 500 hours per year?
@snickepie953 жыл бұрын
Do you fly for ASI? If so, I might have sat next to you in your passenger seat of a Citation back in 2008/2009 on a flight from Des Moines -> Eden Prairie -> North Carolina
@nickhorob28953 жыл бұрын
Some comparisons below especially re Pilatus P12. Not sure about the Pilatus but a King Air 350 has op costs of about $2000 per hour BUT it flies at 310 knots rather than about 420 knots. So you need to compare MISSION costs, rather than purely hourly operating costs.
@schnabel53473 жыл бұрын
Precisely the mission between a P-12 NG and the Phenom 300 is what turns these two so different and without base for a comparison. Totally diferent aircrafts for totally different clients and purposes.
@filipeprestes37543 жыл бұрын
Hey buddy you got a sub, you're real talk
@prems15453 жыл бұрын
I love this jet! nice job!
@luiscasanova48763 жыл бұрын
Just curious, what do you think of the Honda Jet and what do you think it would cost roughly to own that ?
@dannukesem3 жыл бұрын
It is a neat design, years ago we had one on order. It just seems like the savings of moving the engines off the rear fuselage didn't pan out that well. Not any worse than a normal light jet, just not much better. Its runway numbers high and hot are not as good as the Phenom or CJ. But it does fall about right in the middle of the Phenom 300 and 100 for performance. I think Embraer could use a Phenom 200, but not sure there would be a ROI for that.
@windingtrail93193 жыл бұрын
Great video......question.....If I understood it correctly you have to train the pilot for the plane...why do they continue with training every year....???
@mundlkalli43963 жыл бұрын
It is called continuing education or recurrent training. And that makes sure we stay qualified, current, and most important(to me) not complacent.
@windingtrail93193 жыл бұрын
I work in the part 121 world but I was told once that it was about the same to have two pilots up front even though the plane might be single pilot rated due to the cost of insurance on single pilot operations. Is that not the case?
@andrewbroadfoot61953 жыл бұрын
No, I would say that is not correct. We pay less than $30,000 for insurance. I have over 14,000 hours and we get $25 million for liability. That is the max single pilot. I have helped crew a plane with a lesser houred pilot and that company has only $5 mil liability with one pilot, $25 mil with 2 pilots.
@windingtrail93193 жыл бұрын
What would you say to someone who currently runs a King Air fairly regularly (200-250 hrs/yr) but is looking to upgrade to a Phenom? I was not impressed with the performance figures on similar CJ's but the Phenom 300 seems to fit my needs perfectly. Most of my flights are 1 to 1.5 hours with a monthly 1,600nm trip that currently takes about 5 hours each way. If I said my annual time would stay the same, would a Phenom be too much airplane for me?
@IKonrad1123 жыл бұрын
It will be a upgrade for sure. Those 230-350NM trips will be quick. A 250 trip is 40-45 minute with no ATC delays. I use to go KDSM-KDPA and it was about 42 minutes like clockwork. That 1600 trip will be a joy. After having 5000+ hours in King Airs, mostly 200. The Phenom will make you less tired. I never realized the vibration was so fatiguing until I flew jets. Ill answer more later.
@windingtrail93193 жыл бұрын
Winding Trail I always justified the tprop vibrations as lulling passengers to sleep. Ha, silence is golden. King air has been a great work horse, but it’s time for some speed.
@IKonrad1123 жыл бұрын
How about what the income is per flight hour ? at-least industry standard.
@mussieTil3 жыл бұрын
So my question how this plane ✈️ will reach LA to Hawaii? Phenom 300 range is 2100 miles. LA to Hawaii is 2412 miles? What to do?
@DarylV19862 жыл бұрын
I'm buying one as soon as I sell my Hyundai.
@MasterSwitch3 жыл бұрын
Very well done, one of my top #5 planes to consider [let's be real] fractional...
@woodshed_moments Жыл бұрын
Nice - just give me the total cost to operate/own the aircraft for one year - 400 flying hours per year?
@williamstewart61472 жыл бұрын
Gosh!!!! I need to work even harder now.
@77jpresley2 жыл бұрын
Can you write training on taxes
@connieshine70303 жыл бұрын
Love laymen talk conversation, I can understand
@johnkovac44362 жыл бұрын
the annual inspection, series A, B, C, D...I believe you get the 5th yr "free". is that correct or is it every yr with no exception?
@brianmcgee1153 жыл бұрын
It’s an airplane, ain’t nothing free! Every year, 4th and 5th are the most extensive and expensive.
@windingtrail93193 жыл бұрын
@@windingtrail9319 My company operates 3 C90 Kingairs. All are enrolled on the Moore extended calender inspection programe that basically doubles the time interval for periodic inspections. Wouldn't this aircraft qualify for a similar extended inspection intervals?
@Ozgrade33 жыл бұрын
I'm still buying a plane...i need that time and experience
@ongus77343 жыл бұрын
It reassures me that we both use the same car wax. Puts us in the same league, sort of. It's what I keep telling myself.
@jacquesmertens33693 жыл бұрын
If I won the super lotto I would buy a Pilatus for 2-3 hr trips..And just charter for longer trips with more passengers..
@mrabrasive513 жыл бұрын
So, is there anything special about this plane cost? Why Praetor? It seems that it is more expensive than others to maintain.
@billmask3 жыл бұрын
Could you give me an approximate idea on how long of a flight from TPA to FRA including the layovers for fuelstops . (how long would be a fuelstop?) and what route would you have to take to save on fuel.........I know I am asking a lot....lol. Thank you very much !!!!!!!!!!
@mundlkalli43963 жыл бұрын
12h flight time plus stops in Halifax and Azores. Roughly. Tampa to Frankfurt.
@mattym83 жыл бұрын
@@mattym8 Thank you very much for the breakdown !!!
@mundlkalli43963 жыл бұрын
PW535E1 engine leaks before end of warranty but not honored by PW because of degree of leaks?
@kurakuson3 жыл бұрын
That’s a lot of corn! Is the phenom 300 considered an economical plane in its class?
@Vendetta143 жыл бұрын
Yes on both!
@windingtrail93193 жыл бұрын
Yes, it is relatively economical as far as jets go.
@Big.Ron13 жыл бұрын
Question for your sir... since Phenom 300 can be a single pilot airplane, do pilot feels like they need a 2nd pilot to fly the Phenom 300 or one is ok? Taking in consideration about 300 hours flying time a year. Thank you
@Kaikai-yx8ze3 жыл бұрын
I do feel the 300 can be flown safely with one pilot. That being said, I think I've seen 2 pilots fly a plane not very safe. But it really depends on pilots. If your very use to 2, going to one would be difficult.
@windingtrail93193 жыл бұрын
@@windingtrail9319 great video. Please do a video about finding & hiring a pilot (from start to finish).list websites etc.
@stevensaxon88883 жыл бұрын
What is tax write off on plane yearly
@connieshine70303 жыл бұрын
I think that I would much rather pay the high cost of personal transport by the hour, verses buying the plane and all of the extra,extra expenses involved. You can always say, to whomever, that I'm going on a trip, and I'm taking the jet. Just saying. Keep on keeping on top of the clouds👍👍
@1biggun7123 жыл бұрын
If the boss gives you permission, discuss the money either generated or saved as a result of having the aircraft, perhaps as a multiple. Also, the human wear and tear factor if multiple locations have to be visited.
@schnabel53473 жыл бұрын
If you’re flying more than 350 hours a year, it’s totally worth it despite what people say. I mean if you simply do the math it works out to about $4000 per hour you’re in the air…not including the price of the plane ofcourse
@Lgo559 Жыл бұрын
Nice plane..
@donaldholman90703 жыл бұрын
Hello to you...new friend..
@grencytv69223 жыл бұрын
Can you talk about how someone goes from 0 to flying a phenom 300 privately? Thanks!
@jcappstore123453 жыл бұрын
See flightchops videos with Osama Arafat. He did exactly that.
@mattym83 жыл бұрын
Is the phenom 300 a general aviation plane, if not what are general aviation planes?
@NotPuncake3 жыл бұрын
That is an outstanding question. I would have to say yes,most people think of ga planes as propeller driven planes. But I think that private jets fall under ga aircraft because they aren’t commercial aircraft.
@kenbrand89723 жыл бұрын
Very good question, I believe "General Aviation" is all private owned and non-scheduled airplanes. Military and airlines would be the others. As of now, fractional and charter flights would be general aviation.
@windingtrail93193 жыл бұрын
Super interesting and I haven't won the lottery yet.
@bikerslow25983 жыл бұрын
Sapiens Homo I haven’t either. Or else it would be my airplane!
@windingtrail93193 жыл бұрын
Another great video. Sounds like hangar fees are a complete ripoff
@Matt.Jernigan3 жыл бұрын
Thanks, and I do agree!
@windingtrail93193 жыл бұрын
@@windingtrail9319 Hangar fees on executive airports have a land lease component plus the bulding fee. If available, you can just lease the land and build your own hangar. The catch to this is that if you default the land lease payment, the airport claims the land and your building as well for pay. You can't just take down the hangar and relocate it somewhere else. Furthermore, those land leases are not short-term contracts. They are long-term leases like 10,15, even 25 years! I believe that small hangars at municipal airports would be more affordable and less stringent. I know here in FL on some municipal airports a small T-hangar for a small Cessna or Piper costs around $180 - $230 per month. But certainly a hangar for a Phenom won't be in that range.
@SergioSilva-zc6id3 жыл бұрын
When at my former airline which was flying 727’s at the time (obviously, a long, long time ago....) they figured operating costs at close to $1000 per minute!!
@balsumfractus3 жыл бұрын
No chance Meet Kevin can afford that jet.
@frenchbully Жыл бұрын
you need to make millions & millions of dollars per year.....to have a jet.
@amirkazemi25173 жыл бұрын
Just wondering if it's better to just buy the "fractional ownership" program or join one of the clubs? Sounds like owning one is more of a pain in the ass and expensive to boot
@michaelschofield55963 жыл бұрын
I would say any way you flight in your own jet is expensive. If you are going to fly over so many hours, 125-150 imo, it is less expensive to own than fractional. Both have advantages, ownership of anything takes management.
@windingtrail93193 жыл бұрын
I like to know what stuff costs. But your video scares away owners. I'm not rich, but after watching your video, if I have the money, ill just go net jets. Also, I had the unique opportunity to meet one of America's richest billionaires private pilots. He was a super cool dude and shared some stories.
@bmuns64452 жыл бұрын
Your maintenance schedule explanation is a little confusing. The programs Embraer uses is 12 month based. However, there is more to it than the calendar. You have a 12 month, 12 month or 600 hour(what ever comes first), and a 600 hour. So if you fly only three hundred hours a year that means in two years you have a 12 month, 12 month or 600 hour, 600 hour, 24month, and 24 month or 1200 hours (what ever comes first) due to be airworthy. So now in four years you can see why the cost is so significant. You will have to comply with a 12, 12/600, 600, 24, 24/1200, 1200, 48, and 48/2400 inspection. Also not to mention all the out of phase items for life limited parts. The engines also have timed and calendar inspection intervals and ultimately do match the airframe calendar cycle. And the time will match time.
@mikesmith74163 жыл бұрын
NOW you're in th nutts n bolts. I consulted a friend recently...I was a barber and he was my client. He is a lovely gentleman, wealthy in kindness and knowledge. When I asked his thoughts about Embraer, he touched his ph screen and showed the days figures on embraer stocks. As we chatted he casually cast an iron look and said, 'with covid, I havent been to the hanger. That means I haven't been flying'. Those calendar certs keep ticking by just like each day the sunrises and sets is a day I'll never see again. There is something to be said for 'aging well'... man, plane, boat, motorcycle, car or horse. Th old retort; "if you have to ask, you cant afford it" will help decide if you are in th 25% or the 75% because If you dont ask, your in the 75%.
@bowhunter82352 жыл бұрын
Let’s talk about the operating cost supposing you won that plane free and clear plus sales tax. I’m gonna give a conservative per hour cost minus pilot pay. $1300.00/hour just to fly it being the owner of the plane. Let’s see some aviation insurance will not cover the phenom without 2 pilots. Single pilot is a high workload in that and it gets heavier in the Rockies. That’s why you are compensated handsomely. Here’s a good figure: I wanna go to KDAL from KPIE and return the day after. Netjets quoted $28 k for that trip. So yes charter companies charge exorbitant fees to cover their operating cost under their part 135.
@alessio2723 жыл бұрын
one more thing... just because some of the phenoms are rated for single pilots, it's not recommended. Sometimes you need two more eyes, ears and hands on the job if there are issues in the flight... So, just because you could, it isn't recommended...
This is the best channel on small jets on the internet. A channel that actual pilots can relate to.
Thank you very much!!
Actual pilots.....don't buy aeroplanes.........Aircraft owners do.
@@SuperSetright I’m a pilot and I own a plane
Thanks for the details!! Straight and to the point, much better to hear the numbers from a Pilot's perspective than written material.
I spent my 40+ year career in the maintenance side. I got my ppl, a&p, ia. I have around 430 hours pic. So a fairly rounded knowledge base. It's was my experience that half of the aircraft owners had no business owning an airplane as they couldn't afford them. They were more a status symbol than a work tool. Kind of like a trophy wife. They look good but that's about it. Then you have the penny pinchers who put everything they could on the mel. And they wondered why they would miss flights because the aircraft was down. Almost invariably they would blame it on the airplane. They would say how they got stuck with a lemon and we're screwed by the salesman and seller when in fact it's the other way around. The plane got stuck with a lemon owner. My best guess is about 25 percent of the owners understood and we're willing to properly maintain their aircraft no question about it. These were the same people who always made their flights as the airplane and pilots were in good shape. That brings up another point. Pilot turnover. These same 25 percent had no turnover as they took care of their pilots and crew as well as they do their aircraft. The penny pinchers can't keep pilots so just like the airplanes, it costs them more in the end. No hangar queens and no questionable pilots if you do it right. Just sayin. Be safe up there.
@Rob Hunter If you don’t mind please clarify what you mean by taking care of the pilot and crew? How, don’t they have a set fee? Thanks.
Many people spend all their life trying to look wealthy ,yes some are,but I know many who can't pay their electricity bill!
Some private jet owners may be spending more than they can afford, but they are far from broke. Just making a poor financial decision that will cost them but it wont bankrupt them and they will still be well off, and certiatnly still in the 0.1% of wealth. (excluding ppl who own sub 2m planes, I'm taking jets) @Steven Batley
@@khandibaugh23 duh dud...You are Already in that 75% cat. WOW.
@@miked3371 proof yet again; not all ta whom have it doeth deserve it.
Gosh!! I was planning on purchasing a fleet of 15 G650’s. I’m reconsidering now. Great video btw!
15* Wow. G650 is my middle name.
Hahaha WHAT!
@@terryterry1655 an se rkdfcudkfZ ndfy
I am happy I came across this channel today. You have a new subscriber! Let me go and binge watch the rest of your content before I ask my question :)
Really well done. But would have been nice to see a summary at the end and an overall hourly flight cost (even if just was a range).
Just ran across your channel looking at different things since I was interested in flying! It was my surprise to see you based in Des Moines. Good luck with everything!
Great video. I like the presentation style too. Thanks
Absolutely Fantastic info.. cheers!!
Very down to earth presentation! Looking forward to more videos. Patrick from Albuquerque
Thanks Patrick.
Thanks for the info ... my favorite aircraft the Phenom... ive got 25 years in aerospace manufacturing. Always been into aircraft
Great job explaining all this!!!
It is very good you are explaining this for someone, a group of people or a comps wants to purchase a private jet. Whether purchasing a new or pre-used.
Very interesting and informative.
Brilliant video, a very big wake up call, the running costs, and they only get bigger.
Yes, hehehe, in your video here I laughed because I live in Chicago. And yes I come from the commercial industry side. And having a lay over somewhere, it is nice to eat simple meals even in the hotel that you have crews layover. I am glad you are taking the time to educate people/companies that want to get into this industry. It is a great nut there are some details that non industry people have to start to hear. Fly safe.
Great video and aircraft, thanks
That was great Info! Sooooo appreciated ⭐👍🏾
I could barely afford to watch this video without ADS , youtube premium keeps going up
LOL
Well done video with content and explanation.
Great video, very informative , thanks
Nice video man thank you for sharing
Nice frank presentation, thank you.
Thank you. Continued success in the Aviation Industry.
Happy 4th of July yo you and your family. Peace and fly safe always.
Another great video with great discussion! I looked into the operating costs of my future project and I have considered all items discussed by you so it was great to reaffirm my research. What complicates the buying decision are jet cards and fractional ownership clubs. Me: fly my plane. Wife-family: Hell no! Jet card/fractional ownership. I guess there's not much faith in this future pilot...
Thanks for the info. Priceless ,🤳🏾🤴🏾⭐⭐⭐⭐⭐🍿
Thanks for the video/explanation, keep the blue side up!
Good info. Another significant cost is supplemental lift when the pilots or plane is down and you can’t reschedule the trip.
Very true!
I can afford the cleaning towel. Maybe some paper....
What a cool video...thanks for helping people learn about the details. Was wondering...in your experience what is the range of TBO/HSI costs...since you don't really know until we have a look in there. If it is $1.2mn total...would the range be $1mn to $1.4mn...?
Thank you so much.
Great information.
Very interesting video and topic
Great video!
Great video
Awesome video!
very informative, very interesting, but wish you had given a "ball park" on pilot cost!!!!
Great video! What about getting a flying license? How much is it?
Do you polish the top of the fuselage ? Love to see you doing it
I'm Really Liking that Van Halen Video "Dreams" after hearing This I Like That He Give's a Ballpark Break down Of Costs, Stuff I didn't know
This was a very informative and enjoyable video. Thank you. One day when my lottery ticket hits I will buy ....a HondaJet. :)
Wow, Thank you so much..for insight.. Deepika
So what do you think is better? Buying a brand new one or a used one?
That is a lot to think about, and I probably would not have considered all those extras, like Hanger, property insurance, pilot travel expenses.
I just want to know what the name of the polish is you are using on the airplane...
Owning, a private jet is not cheap... but it can ride comfortably. 👍👍
I know you wouldn't like reveal your numbers to how much you get paid but what do you consider a good range for what a phenom pilot should get paid (300 but if you know the numbers on 100 I'll be happy too)?
Easy to understand why a lot of folks go NetJets, VistaJet, etc. Outright ownership can be complicated, unless you employ the right people.
Very true.
On the flip side is owning the plane and leasing it via Netjet, etc. to cover some of the cost of ownership.
Its is expensive. If you fly 200 hours or more a year, ownership is more cost effective. We actually figure break even is around 100 hours compared to fractional. And we get a sales pitch almost every year.
What’s a better option between having one jet like a G550 for example or having 2 planes like a G550 and a Phenom 100. The G550 for international and continental and a Phenom for local short distances. Assuming you fly 400 hours a year.
You say you have a boss, then you say WE buy the fuel, exc.... And you know enough about the entire operation to make one think that your part owner in this company? Great video!
No, just flown for same owners for 20 years. Advise on purchases, sit in on a lot of meetings. Approve A LOT of bills....
@@windingtrail9319 thanks for covering this topic, always been curious but didn't think it was appropriate to ask.
The chief pilot or captain will know all the intricacies of the aircraft he flys because it is one part of his or her responsibility. The actual flying and related operations are just a small part of owning an airplane. There is a lot more to it than just the "glamorous" stick and rudder parts you usually see in videos.
Nicely done... as a previous small business owner for 23 years, it's incomprehensible how high your GP percentage and EBITDA would have to be in order to support jet ownership. Obviously, I must have chosen the wrong business/career because we would never have been able to make a/c ownership sensible. .
Can i pilote this very light jet with the ppl licence ?
Good information
Your right about everything..
Awesome video make more
Does your annual recurrent keep you IFR current as well? or do you still need 6 approaches/1 hold every six months?
It does count as an instrument competency check. But since I go every 12 months I still need to make sure I have my IFR currency for the last 6 months. Normally not very hard. But this year I have to make sure with the slow flying schedule.
Can you do video on best retaining value jet to fly ohio USA to davo phillipines,even if smaller jet to mutilple stops to get into cheaper jet and where you would stop along way ? Try to include ballpark costs too as we all want know money to budget
So what would it cost to fly 500 hours per year?
Do you fly for ASI? If so, I might have sat next to you in your passenger seat of a Citation back in 2008/2009 on a flight from Des Moines -> Eden Prairie -> North Carolina
Some comparisons below especially re Pilatus P12. Not sure about the Pilatus but a King Air 350 has op costs of about $2000 per hour BUT it flies at 310 knots rather than about 420 knots. So you need to compare MISSION costs, rather than purely hourly operating costs.
Precisely the mission between a P-12 NG and the Phenom 300 is what turns these two so different and without base for a comparison. Totally diferent aircrafts for totally different clients and purposes.
Hey buddy you got a sub, you're real talk
I love this jet! nice job!
Just curious, what do you think of the Honda Jet and what do you think it would cost roughly to own that ?
It is a neat design, years ago we had one on order. It just seems like the savings of moving the engines off the rear fuselage didn't pan out that well. Not any worse than a normal light jet, just not much better. Its runway numbers high and hot are not as good as the Phenom or CJ. But it does fall about right in the middle of the Phenom 300 and 100 for performance. I think Embraer could use a Phenom 200, but not sure there would be a ROI for that.
Great video......question.....If I understood it correctly you have to train the pilot for the plane...why do they continue with training every year....???
It is called continuing education or recurrent training. And that makes sure we stay qualified, current, and most important(to me) not complacent.
I work in the part 121 world but I was told once that it was about the same to have two pilots up front even though the plane might be single pilot rated due to the cost of insurance on single pilot operations. Is that not the case?
No, I would say that is not correct. We pay less than $30,000 for insurance. I have over 14,000 hours and we get $25 million for liability. That is the max single pilot. I have helped crew a plane with a lesser houred pilot and that company has only $5 mil liability with one pilot, $25 mil with 2 pilots.
What would you say to someone who currently runs a King Air fairly regularly (200-250 hrs/yr) but is looking to upgrade to a Phenom? I was not impressed with the performance figures on similar CJ's but the Phenom 300 seems to fit my needs perfectly. Most of my flights are 1 to 1.5 hours with a monthly 1,600nm trip that currently takes about 5 hours each way. If I said my annual time would stay the same, would a Phenom be too much airplane for me?
It will be a upgrade for sure. Those 230-350NM trips will be quick. A 250 trip is 40-45 minute with no ATC delays. I use to go KDSM-KDPA and it was about 42 minutes like clockwork. That 1600 trip will be a joy. After having 5000+ hours in King Airs, mostly 200. The Phenom will make you less tired. I never realized the vibration was so fatiguing until I flew jets. Ill answer more later.
Winding Trail I always justified the tprop vibrations as lulling passengers to sleep. Ha, silence is golden. King air has been a great work horse, but it’s time for some speed.
How about what the income is per flight hour ? at-least industry standard.
So my question how this plane ✈️ will reach LA to Hawaii? Phenom 300 range is 2100 miles. LA to Hawaii is 2412 miles? What to do?
I'm buying one as soon as I sell my Hyundai.
Very well done, one of my top #5 planes to consider [let's be real] fractional...
Nice - just give me the total cost to operate/own the aircraft for one year - 400 flying hours per year?
Gosh!!!! I need to work even harder now.
Can you write training on taxes
Love laymen talk conversation, I can understand
the annual inspection, series A, B, C, D...I believe you get the 5th yr "free". is that correct or is it every yr with no exception?
It’s an airplane, ain’t nothing free! Every year, 4th and 5th are the most extensive and expensive.
@@windingtrail9319 My company operates 3 C90 Kingairs. All are enrolled on the Moore extended calender inspection programe that basically doubles the time interval for periodic inspections. Wouldn't this aircraft qualify for a similar extended inspection intervals?
I'm still buying a plane...i need that time and experience
It reassures me that we both use the same car wax. Puts us in the same league, sort of. It's what I keep telling myself.
If I won the super lotto I would buy a Pilatus for 2-3 hr trips..And just charter for longer trips with more passengers..
So, is there anything special about this plane cost? Why Praetor? It seems that it is more expensive than others to maintain.
Could you give me an approximate idea on how long of a flight from TPA to FRA including the layovers for fuelstops . (how long would be a fuelstop?) and what route would you have to take to save on fuel.........I know I am asking a lot....lol. Thank you very much !!!!!!!!!!
12h flight time plus stops in Halifax and Azores. Roughly. Tampa to Frankfurt.
@@mattym8 Thank you very much for the breakdown !!!
PW535E1 engine leaks before end of warranty but not honored by PW because of degree of leaks?
That’s a lot of corn! Is the phenom 300 considered an economical plane in its class?
Yes on both!
Yes, it is relatively economical as far as jets go.
Question for your sir... since Phenom 300 can be a single pilot airplane, do pilot feels like they need a 2nd pilot to fly the Phenom 300 or one is ok? Taking in consideration about 300 hours flying time a year. Thank you
I do feel the 300 can be flown safely with one pilot. That being said, I think I've seen 2 pilots fly a plane not very safe. But it really depends on pilots. If your very use to 2, going to one would be difficult.
@@windingtrail9319 great video. Please do a video about finding & hiring a pilot (from start to finish).list websites etc.
What is tax write off on plane yearly
I think that I would much rather pay the high cost of personal transport by the hour, verses buying the plane and all of the extra,extra expenses involved. You can always say, to whomever, that I'm going on a trip, and I'm taking the jet. Just saying. Keep on keeping on top of the clouds👍👍
If the boss gives you permission, discuss the money either generated or saved as a result of having the aircraft, perhaps as a multiple. Also, the human wear and tear factor if multiple locations have to be visited.
If you’re flying more than 350 hours a year, it’s totally worth it despite what people say. I mean if you simply do the math it works out to about $4000 per hour you’re in the air…not including the price of the plane ofcourse
Nice plane..
Hello to you...new friend..
Can you talk about how someone goes from 0 to flying a phenom 300 privately? Thanks!
See flightchops videos with Osama Arafat. He did exactly that.
Is the phenom 300 a general aviation plane, if not what are general aviation planes?
That is an outstanding question. I would have to say yes,most people think of ga planes as propeller driven planes. But I think that private jets fall under ga aircraft because they aren’t commercial aircraft.
Very good question, I believe "General Aviation" is all private owned and non-scheduled airplanes. Military and airlines would be the others. As of now, fractional and charter flights would be general aviation.
Super interesting and I haven't won the lottery yet.
Sapiens Homo I haven’t either. Or else it would be my airplane!
Another great video. Sounds like hangar fees are a complete ripoff
Thanks, and I do agree!
@@windingtrail9319 Hangar fees on executive airports have a land lease component plus the bulding fee. If available, you can just lease the land and build your own hangar. The catch to this is that if you default the land lease payment, the airport claims the land and your building as well for pay. You can't just take down the hangar and relocate it somewhere else. Furthermore, those land leases are not short-term contracts. They are long-term leases like 10,15, even 25 years! I believe that small hangars at municipal airports would be more affordable and less stringent. I know here in FL on some municipal airports a small T-hangar for a small Cessna or Piper costs around $180 - $230 per month. But certainly a hangar for a Phenom won't be in that range.
When at my former airline which was flying 727’s at the time (obviously, a long, long time ago....) they figured operating costs at close to $1000 per minute!!
No chance Meet Kevin can afford that jet.
you need to make millions & millions of dollars per year.....to have a jet.
Just wondering if it's better to just buy the "fractional ownership" program or join one of the clubs? Sounds like owning one is more of a pain in the ass and expensive to boot
I would say any way you flight in your own jet is expensive. If you are going to fly over so many hours, 125-150 imo, it is less expensive to own than fractional. Both have advantages, ownership of anything takes management.
I like to know what stuff costs. But your video scares away owners. I'm not rich, but after watching your video, if I have the money, ill just go net jets. Also, I had the unique opportunity to meet one of America's richest billionaires private pilots. He was a super cool dude and shared some stories.
Your maintenance schedule explanation is a little confusing. The programs Embraer uses is 12 month based. However, there is more to it than the calendar. You have a 12 month, 12 month or 600 hour(what ever comes first), and a 600 hour. So if you fly only three hundred hours a year that means in two years you have a 12 month, 12 month or 600 hour, 600 hour, 24month, and 24 month or 1200 hours (what ever comes first) due to be airworthy. So now in four years you can see why the cost is so significant. You will have to comply with a 12, 12/600, 600, 24, 24/1200, 1200, 48, and 48/2400 inspection. Also not to mention all the out of phase items for life limited parts. The engines also have timed and calendar inspection intervals and ultimately do match the airframe calendar cycle. And the time will match time.
NOW you're in th nutts n bolts. I consulted a friend recently...I was a barber and he was my client. He is a lovely gentleman, wealthy in kindness and knowledge. When I asked his thoughts about Embraer, he touched his ph screen and showed the days figures on embraer stocks. As we chatted he casually cast an iron look and said, 'with covid, I havent been to the hanger. That means I haven't been flying'. Those calendar certs keep ticking by just like each day the sunrises and sets is a day I'll never see again. There is something to be said for 'aging well'... man, plane, boat, motorcycle, car or horse. Th old retort; "if you have to ask, you cant afford it" will help decide if you are in th 25% or the 75% because If you dont ask, your in the 75%.
Let’s talk about the operating cost supposing you won that plane free and clear plus sales tax. I’m gonna give a conservative per hour cost minus pilot pay. $1300.00/hour just to fly it being the owner of the plane. Let’s see some aviation insurance will not cover the phenom without 2 pilots. Single pilot is a high workload in that and it gets heavier in the Rockies. That’s why you are compensated handsomely. Here’s a good figure: I wanna go to KDAL from KPIE and return the day after. Netjets quoted $28 k for that trip. So yes charter companies charge exorbitant fees to cover their operating cost under their part 135.
one more thing... just because some of the phenoms are rated for single pilots, it's not recommended. Sometimes you need two more eyes, ears and hands on the job if there are issues in the flight... So, just because you could, it isn't recommended...