Bombardier’s $65 million private jet
Nov 5, 2010 | 11:33 AM
#21
Neg Rep Zen Master
Joined: Jan 2008
Posts: 4,573
From: Up Yours!
Yes it can.
When you think about all the time Qing and at immigration at the airport p planes can start to make sense. If you have a plane of high salaried execs time is money and it is more cost effective to send them privately. A g4 is about $120k too and from new York from London. Take 8 people first class that's 90k add the time saved it's not here nor there. They could do a day then cone back instead of 2.
If you buy planes like this charter is always an option. The. Problem with these top of the range business jets is there are very few pilots who are qualified to fly them.
When you think about all the time Qing and at immigration at the airport p planes can start to make sense. If you have a plane of high salaried execs time is money and it is more cost effective to send them privately. A g4 is about $120k too and from new York from London. Take 8 people first class that's 90k add the time saved it's not here nor there. They could do a day then cone back instead of 2.
If you buy planes like this charter is always an option. The. Problem with these top of the range business jets is there are very few pilots who are qualified to fly them.
Very inaccurate on the pilot statement, there are many Gulfstream GV/550 and Global Express/XRS type rated pilots. I must have 100 resumes alone in a file and 50 + numbers in my Blackberry that I can call and get drivers for these aircraft, there are btwn 17-18,000 private aircraft worldwide of those these represent less then 800 of those aircraft.
Nov 5, 2010 | 11:47 AM
#22
Teamspeed Pro
Joined: Jan 2008
Posts: 7,871
From: Montreal, CA
As I was reading I was like "uh ... wait what? I've read that somewhere already!!!!!!!!!!".
Well played. Would lol again.
Nov 12, 2010 | 08:49 PM
#24
Teamspeed Rookie
Joined: Nov 2010
Posts: 1
This plane is affordable for quite a few people. Consider 30 year financing on this aircraft and it brings cost of purchasing down to about $3 mil a year, maybe even less. As far as maintenance goes, I honestly don't know what it would cost, but I know not more than $3mil. So for a credit worthy buyer, theoretically $5 mil a year you could comfortably own this aircraft, and that doesn't even take into account chartering revenue. Not to mention this aircraft is pretty fuel/maintenance efficient. The older Gulfstreams (II,III & in some cases the IV) can consume up to 500-600 gallons an hour in fuel, whereas this thing runs longer with less maintenance, on less fuel.
Dec 20, 2010 | 11:23 AM
#27
Teamspeed Senior Member
Joined: Dec 2009
Posts: 263
From: On the glideslope
As far as the price, if it flies, floats or... you're better off renting
Dec 20, 2010 | 12:11 PM
#28
I need pos rep like Hulkamania NOW!
Joined: Mar 2009
Posts: 3,348
From: Madison Wisconsin
I asked my client what the hourly run rate was on his G5 a few years ago. His pilot figured about 11K with gas and general service included. It's like a Ferrari. The $25,000,000 wasn't that bad but the freaking oil changes...
Dec 20, 2010 | 12:26 PM
#30
Rolex Fanboy
Joined: Feb 2008
Posts: 8,638
From: In a dream....please don't wake me
This plane is affordable for quite a few people. Consider 30 year financing on this aircraft and it brings cost of purchasing down to about $3 mil a year, maybe even less. As far as maintenance goes, I honestly don't know what it would cost, but I know not more than $3mil. So for a credit worthy buyer, theoretically $5 mil a year you could comfortably own this aircraft, and that doesn't even take into account chartering revenue. Not to mention this aircraft is pretty fuel/maintenance efficient. The older Gulfstreams (II,III & in some cases the IV) can consume up to 500-600 gallons an hour in fuel, whereas this thing runs longer with less maintenance, on less fuel.
The only people that should be in these are the people with FU money as others have stated. Corp's have cut way back on private flight because the general shareholder is frowning on it these days.
That being said what a ride it must be. Black looks awesome as well.