Owning a Private Jet is Actually Surprisingly AFFORDABLE in So Many Ways!

[@JRAviation]

Soooo were some of these items cheaper than you were thinking? I didn't even mention the tax benefits (massive accelerated depreciation write-off) one can get when using it for business. That can save tens of thousands... I probably missed some other things too. It's been really fun owning this jet. Do you want to see more jet videos?

[@jamiewilliams7031]

Sounds like a double write off if its for business and logging school hours for training

[@jameswooldridge4285]

We need just any plane videos lol

[@o2thas]

More jet videos, they're awesome!

[@Donaldperson7]

Do you rent it out in an emergency from Van Nuys airport? With a pilot? So if we have a nuclear war you can get me out of the country?

[@Donaldperson7]

Can I pay for that up front? Don Los Angeles California?

[@alrad5686]

I really admire Owens piloting skills. Its great you found a reputable parts recycler. Makes it easier to consider keeping the jet for a while when you know routine maintenance won't bankrupt you. Merry Christmas to you Jeff and Christian.

[@tommino8970]

17:45 I love such short final, 20 seconds to smooth touch down, nice Owen!

[@JRAviation]

A master at work

[@user-wx3ey3cd3d]

Finally, didn’t see the jet in a while, and that landing was butter smooth.

[@AVIATIONFANATICS]

Love the videos with Owen man, y’all have inspired me to pursue my pilots liscense. Love from TX!

[@JRAviation]

Great to hear from fellow aviation enthusiasts in TX!

[@biggametex]

Moms lease on her Citation 5 is $100k year and she’s one of 3 people who split the lease. That’s not including fuel and the cost of two pilots (she won’t fly with only one) every time she flys…. I’ll promise you owning a jet is beyond expensive.

[@zesolodar]

my uncle use to own a 501 (now owns an xls) in his words there is absolutely nothing cheap or affordable when it comes to aircraft ownership. the recommended yearly budget for a 501 based on 200 flight hours (they do it based of 200 and 400 hours) is like 830k. dudes going to get hit really hard when it comes time for the engine overhaul

[@mynewdogtiger]

If it were possible, I would rent it out.

[@biggametex]

@@mynewdogtiger that’s what the current owner is doing… with 65 of them. My mom just calls it a lease.

[@DocNayan]

Whatever bro. The whole world isn't moving to Arizona for purported savings. YOUR UNIQUE circumstances and take in no fucking way nullifies a global consensus that owing a jet is somehow "affordable" or cheap for us mere mortals. Maybe for trust fund babies or the born into money ilk

[@danielrickman6966]

Finally got my medical approved!! Move to AZ in a few weeks to finish up the rest of my ratings! Keep up the great work👍

[@JRAviation]

Heck yea!

[@missheather3006]

I never thought my kids would be into small planes. But the more you post the more they pay attention to all the planes flying out of falcon field. Thank you for sharing your knowledge with my boys.

[@JRAviation]

That’s awesome! Glad they’re enjoying the videos.

[@josephb5989]

Man, that turn to short final looked so fun. Owen's so smooth with it

[@riaan_j5100]

Owen is a true greaser when it comes to landings. Love watching his videos.

[@antonioportelli1002]

Got excited when I saw the new video!! Always making bangers and when Owen is flying with you guys it’s even better!! Love the jet videos!!

[@JRAviation]

Thanks, glad you enjoyed it! More bangers on the way.

[@SelcukRengin]

Exciting times ahead with Adaxum! Just joined the presale, can't wait to see where this project goes

[@Lucas_ontwo]

Ngl this and fly with Owen posting today is a god send!

[@FlyWithZaid]

Really cool seeing such people at a young age, you guys motivate me to keep going! Currently working on my instrument license!! Love the content!!

[@moseskelly2886]

Jeffrey, Christian, and Owen my goodness. I absolutely get stoked every single time; I step into the awesome journey of these cool trips and at times projects. I honestly love all aircraft, this jet is a legend.😎💯✨️

[@dustinbranton]

Nothing in aviation is cheap. Your intro is absolutely what everyone is thinking.

[@Foxtrot1967]

Misleading. The annual cost of ownership for a Cessna Citation 501 would likely range from $400,000 to $600,000 per year, with the primary variable being fuel consumption and maintenance needs. You can deduct $60K - $100K per year for pilot salary. Still not "affordable" for most people.

[@JRAviation]

No…

[@-Bigjordan]

@@JRAviation yes

[@aviationvids9723]

100% misleading. Having a 501 in maintenance right now and I won’t end up below 250k for this one event. 400k is very realistic as cost of ownership. Unfortunately. There is no such thing as an „affordable jet“. 😊

[@zesolodar]

@@JRAviation i like your videos but your completely wrong and i think you owning a private jet is a huge mistake on your end because you clearly dont understand the costs yet. that plane is going to cost you a minimum of 1000 bucks per hour to operate. idk how much you plan on flying but usually cost are calculated over 200 hours or 400 hours. to operate a 501 based on 200 hours your going to spend 100's of thousands. every jet site says your budget for this many hours should be between 830k- and 1.3 million. also this is extremely old plane parts will get more and more difficult to find and will get more expensive (i think you have experienced this already, remember how much that o2 bottle costs) single pilot- is it worth the risk? what happens if something g-d forbid happens to owen- what are you going to do in flight? your talking about gas and storage fees but your completely ignoring the cost to fix and replace major airline systems like hydraulics, landing gear ect. your insurance policy for 10k whats your coverage? i can get minimal coverage for my car but it wont cover anything and just an FYI my uncle is currently on ownership of his 4th plane. he currently owns a citation xls, owned a king air, and owned a Beechcraft. and owned you guessed it a 501. im actually scared for you financially because your going into owning/ operating something very expensive and not fully aware of the cost. just wait till you need an engine overhaul or replacement. coming from my uncle- nothing about owning a private jet is cheap or affordable and it makes zero financial sense if you look at it from a dollars perspective.

[@biggametex]

@@aviationvids9723 facts. My mom has a shared lease and it’s more than my house every year, fuel and maintenance and pilots are wayyyy more than people think lol.

[@boater_rob]

Owen's such a professional pilot. I like pistons and aviation pretty equally, which doesn't really help your question!

[@EduardoAviles]

Finally a new video 🎉! Love your content guys, greetings from Mexico!

[@EduardoAviles]

Yei, I win!

[@jackmitchell123]

Hold onto that thing! It is such a cool plane.loving the videos keep them coming

[@EttoreBazan]

He makes everything look so easy this guy good pilot

[@austinbarker9086]

It’s always a great day to watch JR aviation

[@Digital-Dan]

Must have been a really smooth travel day. I saw virtually no motion out the window. Great flight.

[@JRAviation]

Smooth as butter. Thanks!

[@jorgipogi]

Make sure you keep with maintenance and don’t take safety for granted great video.

[@terrydaniel9736]

Another informative video. I really like your great deal videos. Like when you bought the plane sitting on the tarmac for a long time and getting it started. Keep up the great videos.

[@dagger4146]

You guys are living the dream. I live vicariously through your video's.

[@capfrankyv]

The C500 is a tremendous, very docile aircraft, extremely well built and designed... an important point is the issue of safety and with this one cannot and should not cut costs, operating a high performance aircraft with only one pilot is risky (the video was an excellent example showing the pilot receiving a high workload in a congested airspace, imagine that at night and suddenly an emergency occurs on the plane), this is a lot of workload for a single person being the right moment to make a mistake and lead them to disaster... therefore there is nothing safer than having 2 pilots on board and dividing the workload

[@christopherdupuy1581]

Always a good day when a new JR Aviation Vid appears

[@JRAviation]

Heck yea!

[@JRAviation]

Heck yea!

[@JRGarage]

Y’all want more piston or jet videos?

[@AllAbtAviation]

Jet videos are absolute bangers. Never fail to amaze me.

[@James316wu]

Jet videos

[@AVIATIONFANATICS]

Jet vids for sure

[@christopherdupuy1581]

Piston! ❤❤

[@Lucas_ontwo]

@@JRGarage both!!!

[@stefanhansen8855]

We need more videos from you guys. Love your car and plane content

[@smacfe]

Awesome! You also should mention that you use the airplane for business so all expenses are deductable against taxes which knocks 40% off the total as well. The deal you have with Owen to fly the plane is a huge savings to you. If you needed to employ a pilot, plan on spending $150,000 to $200,000 a year for salary, benefits, training, layover expenses etc. There are a bunch of other expenses that you didn't mention such as: subscriptions, basic supplies, ramp fees, support equipment etc. A big thing is that you are OK with flying an older jet, and are flexible with availability.

[@JRAviation]

Yep, that’s in my top comment.

[@tramund]

been missing your videos glad to see them again

[@JRAviation]

More bangers on the way. Y’all want jet or piston videos?

[@tramund]

@ want to see that jet back in action

[@James316wu]

Jet

[@djwilliams4714]

@@JRAviationboth

[@thebestisyettocome4114]

I own a lear 45. I don't fly myself. I pay for a two pilot crew. You have a decent aircraft in the citation. From Key West Florida. Good day.

[@LeifSimonson-ll4be]

So nice to have yall back

[@timjohnson1578]

crazy how fuel all of a sudden got cheaper.... love the content.. thanks for the video :)

[@imhighdegree862]

Owens a pro , bro Butter landing the 500 like a Boss.

[@JRAviation]

You know it!

[@panam747]

I retired and sold my Challenger 605. I also sold the two condos for my pilots on Maui and Sun Valley. I got rid of the pilots' contracts and benefits! There is no more hanger rental or insurance. I could go on all day, b🚀ut I sure do miss landing and hitting the ski slopes in under an hour! The jet cards program works well, but nothing beats having your own jet!

[@EttoreBazan]

Gotta love people like BAS how your able to find people that are in these kind of niches wow

[@Thetheobaudry]

Love to see the jet make an appearance! Livin the dream :-)

[@whynot5045]

Awesome. A new video and it's the jet with Owen in the left seat. That a pretty nice panel, all I fly is an Alienware.

[@MarkRodriguez-CFI]

Great video as always!

[@JRAviation]

Thanks, more videos on the way!

[@ethanbubeck8656]

Ayyy another video out! Keep up the great work!!

[@JRAviation]

Thanks! Will do!

[@moneylab2860]

Love the 501 videos, keep them coming! We're considering getting one, but I know we'd be ready to move up to a bigger jet after a couple of years, and I'm concerned that we won't be able to sell it due to its age...

[@JRAviation]

Buy mine! I might just buy it back when you’re ready to move up again.

[@karaayers2867]

Whew, these prices make me appreciate my warrior.

[@KutWrite]

I had a feeling "cheap" would mean something different to you than to me. But, it made an interesting video. Always good to see Owen in the left seat (or the right). I can't advise you as to keep or use for funding. I'm sure you'll make the right decision... it's the kind of thing I'm sure got you where you are now.

[@cougarlove8542]

It would be great to know which other States wave the tax. South Carolina usually has cheap registration but a waved tax, wow. That’s awesome. Great video

[@willielanders2306]

The Porsche videos is the absolute best to watch!!

[@clarencewiles963]

Happy to see you back Marry Christmas🎄 and Happy New Year 🎆

[@JRAviation]

Merry Christmas to you too Clarence

[@CLAUDIOParrish-x3p]

I'm not usually one to jump into presales, but with Adaxum, I couldn't resist. This is a solid project with massive potential!

[@barrywood5357]

Nice one JR SUCH A BREATHE OF FRESH AIR TO SEE A VIEW FROM A JET CRACKING VIDEO

[@bugged120]

Great to see your jet on the channel again!

[@JRAviation]

More jet videos on the way.

[@IndaloMan]

Loving The Bakerman vibe at 5:00👍

[@Pilotc180]

Good vid and Owen is the man; would not be surprised if you show up with a B52 you found on sale and O man is flying it👍

[@JRAviation]

Hahha that would be epic!

[@richardstoc]

Cheap and Affordable are two different things and it depends on your Needs Like jet fuel Its cheaper than fuel for my car. now you saved enough for your lift tickets,have a good time on the slopes guys

[@LockinProfits]

Great info !

[@vaustop5341]

Perfect timing, please continue 👍

[@JRAviation]

Bangers on the way

[@mynewdogtiger]

Do you rent that out? That's a business in itself. BTW, that landing looked smooth AF. I could not detect the TD. Great scenery. If you get a chance, go a little north in the winter and you can see 4 or 5 ski areas at once. Great video again!

[@11B_GRUNT]

I love the jet videos, lol Im not a pilot or anything not Im just a aviation enthusiasts and enjoy your videos. Thanks for sharing

[@JRAviation]

Appreciate you! Glad you like the jet content.

[@MahmutBeril]

Diving into Adaxum's whitepaper as we speak. The innovation and technology behind this project are mind-blowing!

[@davidduganne5939]

Very interesting and informative video!

[@Lucas_ontwo]

Finally able to watch just bought this phone and was setting it us as I got the notification on my old phone 😂

[@ARLENOtis]

If you’re not paying attention to Adaxum during this alt run 2024/25, you’re missing out on one of the most exciting ICOs!

[@MrNice-gw5dt]

i'd fly with Owen anytime ......love the show!

[@matthewchapman3507]

An Owen and JR upload in the SAME day!? It really is Christmas time!

[@JRAviation]

Hahaha had to hit em with the double header

[@Colby20713]

At the Colorado air and space port which is right by DIA and a hanger is about $400 a month for a Mooney 201.

[@SkylaneGuy]

Dang, just got done watching Owen's GIV video. Guess he's the go-to pilot for your vintage biz jet!

[@JRAviation]

Yessir!

[@MichaelScanlan-n1y]

My first jet airplanes were C-500s, Sn 06 and Sn 290 in 1976. Love the Citations. Happy to see that parts in general are available but wonder about the P&W engines. Read an article suggesting that they no longer support that engine. But, again there may be enough retired airframes with engines with time remaining to make it doable. Great video. Jets, props, ultralights, keep the videos coming.

[@JRAviation]

Wow those are some old birds! Gotta love the Citations.

[@rexgialla1970]

More Piston videos please !ah..., landing ? Very nice and smooth too, great !!

[@alexflys172]

Great Vid! hoping to get my citation type soon!

[@skproductions7949]

Owen is the best!

[@mikesonntag7698]

I was going to say "why are you videoing the engines when you should be monitoring the temp, oil pressure, and N1?" then came the co-pilot lol. Nice video.

[@andrewle18]

2 Owen videos in one day?!? Whoa!

[@ReddogDave]

Most of the older, super cheap jets are illegal to operate without a hush kit. Hot section inspections and annuals are more than a late model used car and the engine overhaul for both engines is probably almost what I paid for my 4000 sq ft house five years ago.

[@diggy-d8w]

I do not doubt that a well seasoned & adequately trained pilot can handle one of these aircraft under good circumstance but I think there are probably a lot of things that can happen from weather to mechanical that would stress the best of pilots. I think a lot of the accidents we see are cases where a pilot becomes overwhelmed & some have 2 pilots & still need help. Cutting costs by not having an additional hand might not be smart but what do I know? peace & GB ALL

[@andrewestermann484]

always nice to see owen flying, just saw his new video before this one :D would love to fly, but getting old(44) and even PPL is i think around 15k€ here in germany

[@smokingspitfire1197]

Look into the sport pilot licence, in Germany it is very reasonable and lots of very cool little airplanes in that category that are not too expensive to rent etc!

[@brandonchappell1535]

Wow that departure was a sh*tshow !! Handled like a pro, as always

[@7728abbott]

Owen. Good man. Great pilot.

[@SimonAmazingClarke]

While the fuel burn might be 100 gallons an hour, you're doing four times a piston aircraft speed so fuel cost per hundred miles won't be a lot different, but you save time which is worth a lot.

[@JRAviation]

This is true

[@PerfectPilot]

i love the citation videos!!

[@pavelavietor1]

Beautiful cinematography ❤ saludos aviators ❤

[@fudogwhisperer3590]

Absolutely love the jet video's.

[@sebastiansalazarmartinez154]

Awesome videos!!!

[@JRAviation]

Thanks, more videos coming soon!

[@vbjoker]

Screech be flying planes. I know I’m old. 😊

[@adriennefoley2906]

Any video from you guys two thumbs up ….especially when Christian is in them 😍😊

[@MrCyp200la]

Landing was butter.👌

[@EmilTheoneandonly]

The 501 is a keeper, enjoy it more and flip it later

[@sminem6572]

People have broken down private jet ownership and for relatively small light jets with two pilots it comes to about $1.3 million per year. You could probably get it under $1 million with a very light jet or turboprop that requires only one pilot. Most of the larger jets are $2-4 million per year. That is not cheap to anybody except UHNWIs ($30+ million net worth). Even if all of your other assets are paid off (cars, yachts, real estate, etc.) you still have to pay insurance, taxes, and upkeep on those things too, not to mention most wealthy folks invest their money in business ventures and properties that can make them more money. A plane will lose you money even if you're chartering it, hence why most charters go out of business. Using a plane for private use only makes very little financial sense unless you are extremely wealthy. It makes sense for companies because the time saved with a jet will potentially make them millions in additional revenue yearly, making the plane essentially pay for itself.

[@brandonfarnsworth7476]

Have you guys ever flown into Prescott, or plan on it?

[@chrisking1656]

Is the cold start better in the citation or a good ole 152?? That’s the real question. Great work as always!

[@JRAviation]

152 gives it a run for its money

[@chadmark88]

VERY informative video . . . and, as usual, another perfect landing by Owen !!! What were the lights that came on on the top, center of the control panel as the engines were put in reverse ? Maybe to show they WERE in reverse ? The top one came on ( both sides ) then the next down, then the bottom one ) Ending up with all six lit for a few seconds.

[@Atrociousnes]

I have yet 2 watch, but hope the last 2 months you spent time getting your pilots licenses finally.

[@JRAviation]

Uhhhhhhh 😬

[@Atrociousnes]

@@JRAviation 🤣 one day

[@addsub49]

Wonder if they have had trouble getting a medical.

[@addsub49]

They can’t get medical certificates

[@jman1948]

The only 'affordable' private jet is going to be something like the Vision that only has one engine. Affordable meaning in relation to other private jets. Still going to be crazy expensive compared to a turboprop or piston.

[@stephengoossen6060]

Yay a new video :)

[@michaeljohnston4289]

How many hours does the engines and airframe have? I want one.

[@simeasy43]

Might need one! 💯

[@MustafaPinar-q5h]

I was skeptical at first, but the ADX tokenomics make so much sense. Adaxum token could be a game-changer for long-term investors.

[@MAJORCook-m3t]

Adaxum token ADX is a top gem!!!!!

[@DrHarryT]

is that $2X,950 a month? Then there's the operating/maintenance cost.

[@GoldMediaAi]

i wouldnt ever trust this dude with the crazy hair to fly me or anyone i know.

[@ricoserrano8942]

Whats good ? enjoying this video Is Owen the only pilot on the insurance or are you on there too?