Inside the Private Jet Industry | Business Documentary

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Күн бұрын

Пікірлер: 41

@jthebanker42 2 жыл бұрын

Hello, this is my first video on what I plan to be a long series about various industries. Apologies for the audio in the Industry intro; please share if you have any feedback or comments about what you'd like to learn about next. Thank you for taking the time out to watch and engage! Looking forward to staying connected. Instagram: instagram.com/jabarie_campbell Linkedin: www.linkedin.com/in/jabarie/ Business: harrisnwa.com/

@Sahujivlogs8186 9 ай бұрын

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@radhashyamsethi 8 ай бұрын

Hi nrendu u

@reshmibarik746 8 ай бұрын

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@katiedouglas5176 2 жыл бұрын

Such shot, so appealing🌊

@bensubatur5353 2 жыл бұрын

Thank you so much for giving us that information.You have taught me so much I appreciate you.

@jthebanker42 2 жыл бұрын

I'm glad you were able to receive some value from this video. Looking forward to making more!

@kittusaini7129 8 ай бұрын

@@jthebanker42hmm 😅😊😅

@derickgodbolt8634 2 жыл бұрын

How can one start (kind of budget) a private jet business for short hauls from city to city?

@jthebanker42 2 жыл бұрын

That's a good question. There are companies like fly.surfair.com that have pre-designated routes on specific days and only charge per seat. I imagine this would be a representative example of the type of business you'd like to get into. There are a few options: ranging from lowest cost to highest cost. 1. Become a private jet broker; doesn't require licensing and as long as you can source clients and work with Jet operators/owners. You would become the "middle man" creating a market. (Highest risk being the availability of Aircraft) Budget; 0 - 50k+, with the rationale that if you can cultivate the relationships with jet owners/ fleet operators to get favorable pricing, your only cost would be customer acquisition. 2. A hybrid of being a broker & operator. You would need to reach out to a Jet owner to have exclusivity of using their Aircraft for some fixed fee or percentage. Then you would need to have an operating partner who is licensed and would provide all services relating to the Aircraft & operations. Budget; 50k+; Rationale: There would be a fixed cost just for housing/ maintaining a jet when not in use. Possibly those costs could be negotiated with your agreement with the Jet owner. This might be a better option for city-to-city flights since you'll have a jet ready for use, but you will also have the cost of customer acquisition. 3. Become a full-fledged Private jet operator. You would own or lease your Aircraft, have to be licensed with the FAA. Then provide all services needed to your client. A similar example would be the NetJets Jet card program. They own the Aircraft and sell prepaid cards to their customer at some fixed rate. Budget; $5m+ Most expensive option. You'd incur operational expenses for the business and fixed costs associated with the maintenance & financing of a Jet. For any of these options, you would want to start with two high-traffic states such as Califonia and Nevada. You will also need a defensible moat such as offering special perks to flyers, discounts on future travel, free neck massages, lol. Having special bonuses should be used for client retention, so people come back, but if you're just starting, focus on selling/ getting clients.

@PoojaMishra-c3k 8 ай бұрын

Nothing

@alonzoball6266 10 ай бұрын

Well Explained. Thank you bro

@sarahholzberg Жыл бұрын

Great video

@louiseburrows4036 2 жыл бұрын

Oooh super😍 good morning Have a nice day🙆

@iramunn9611 Жыл бұрын

Thank you for sharing Jabarie, and appreciated. Who is the brother at 2:23?

@jthebanker42 Жыл бұрын

Reginald F. Lewis was the chairman of TLC Beatrice International, the first black-owned business to generate $1 billion in annual revenue.

@iramunn9611 Жыл бұрын

@@jthebanker42 Thank you so much, I thought it was him, as he specialized in leveraged buyouts, and innovated internally for capital turnaround. Awesome businessman, thank you again, and excellent video.