Why I Don’t Fly Private

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Are you a frequent flyer? Do you find even airlines' first-class service more frustrating than fulfilling? You can charter a jet, but the greatest freedom comes when you own one. Before you buy, though, you should consider whether the investment is truly justified.
In this video, Andrew shares why he doesn't fly private.
00:00 Start
0:30 Why I Don’t Fly Private
3:47 Nomad Lifestyle
5:00 Travel Advice
The Nomad Capitalist is the world's most sought-after expert on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best."
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[@ams0063]

I can 100% guarantee that whatever Andrew speaks is from experience and a hundred true to the dot. I’ve heard about this small country named Montenegro from him so much and I recently visited the country. Trust me! I almost cried because I didn’t want to come back… Good work and please keep it up. Thanks

[@playthis5994]

you didn’t want to leave Montenegro or didn’t want to come back home?

[@ams0063]

@@playthis5994 I didn’t want to leave because the people over there are some of the most kind hearted and beautiful I’ve ever met. No body drinking or smoking on roads. Evenings is beautiful family time enjoying a nice dinner with family or in a mall. I mean it’s just amazing

[@PolishBehemoth]

Is it doable for people thay dont have big money?

[@00_UU]

@@PolishBehemoth it is. Montenegro is very cheap if you stay away from tourist destinations. I would say you can live frugal and comfortable life at around 3k-4k dollars per month. Food is locally grown, local people are easy-going and relaxed.

[@ams0063]

@@00_UU lol that’s way too much. Like 3-4K is literally next level luxury. I was there as a tourist for a week. Ate in the most lavish places, lived in very comfortable houses and my whole trip costed like 150 bucks

[@Mike-rw2nh]

Ryan Air is character building.

[@urbancornbread5500]

😂😂😂

[@joeyyears]

Spirit Airlines is street food (not the good kind either).

[@hughjass1044]

So is prison but I wouldn't choose it.

[@captainbumface3595]

I would rather shit out a pineapple than fly Ryanair again.

[@as-1982]

@@captainbumface3595 Why? Is it so bad?

[@alter3go411]

A business class seat at KLM is infinitely more comfortable than a seat on a Cessna Citation.

[@remotetrekker-dg3re]

I agree and KLM is a very good airline.

[@BCNeil]

Plus you can get up and walk around.

[@gluecksdrache2054]

Additionally you can rebook it very fast without having the whole crew of the private jet getting money just for waiting.

[@Nikowalker007]

💯 percent correct

[@Nikowalker007]

Check in and check out time is the only advantage Cessna has over business or first class

[@dannmm6745]

A plane brings you the 2 happiest days in your life. The day you buy it, and the day you sell it… Yes, same as yachts.

[@bepreparedforwhatscoming4975]

Own a business and write off your Business expenses. You don't even need that much in your personal life

[@LFOD1776]

I disagree. Owning my small plane was the happiest, and most expensive, years of my life.

[@TChalla007]

People with egos, players, thinking it would improve their image are the once saying that. Thats like saying if you have to ask, you can't afford it. It's always the ones that can't afford anything that say that, or sleezy salesmen. Rich people always ask the price. Thats how they grow their money. The most valuable commodity is time. and family. Do you even have a passport?

[@chasem3549]

​@@bepreparedforwhatscoming4975business expense writeoff isnt the same as a 100% tax credit. It means you are still bleeding money needlessly unless you have massive revenues to offset. At least $50m per year

[@VijaygKamat]

You can hire Silent Yacht powered by Sun ofcourse, Enjoyment with Less Guilt.

[@Robertking1996]

Best example: First class NYC to London. $5,000 roundtrip. Private $50,000 ONE way. There's well off people, there's really rich people, and people with cash to burn without care. The jet game belongs to the third group.

[@jerryware1970]

If you have a family or group a private jet makes sense, but by yourself and a friend first class for flying overseas is much less expensive.

[@Robertking1996]

@@jerryware1970 some people fly private domestically but then back to airlines for international travel

[@bepreparedforwhatscoming4975]

​@@Robertking1996that's a business expense meant for business travel. Traveling for pleasure is a WANT not a NEED anyways.

[@VijaygKamat]

@@jerryware1970 Even if that is the case I will wait Otto Celera 500 starts operations. I am a stingy Uncle Scrooge, who does not want to spend money. Even If I win a 2billion dollar jackpot or 200billion dollar crypto windfall.

[@Sacto1654]

However, if you're a high-profile person, flying private is worth the money. Reason: increased privacy on many long flights. For example, singer Taylor Swift is just *TOO* high profile to fly commercial, even if the airport offers special facilities specifically for high-profile travelers. That's why she owns a Dassault Falcon 900 for domestic travel and a Dassault Falcon 7X for long-distance international travel.

[@kennethe.scislaw8592]

As a young man, I worked with a famous investment billionaire based in the Caribbean. He drove a 20 year old car and lived in a 1500sq ft home (yes, luxe car and gated home but still, it was plenty). His advice "If you spend it, you can't invest it"

[@Fanta....]

People with more money than they will ever spend not spending it, are simply put, idiots. If it is going to just sit in investments until you die, you should be doing something more productive with it. At some point you're good and don't need all that extra cash. Human greed is a cancer on humanity.

[@jimmcneal5292]

Absolutely true, most people don't really realize that ironically

[@bepreparedforwhatscoming4975]

What's the point of being a billionaire then? He should donate the rest then!

[@jimmcneal5292]

@@bepreparedforwhatscoming4975 inheritance for children

[@letsgotoe2toe]

sounds miserable, sitting on all that money just to live like a peasant

[@BobSmith-br7hk]

20 years later, and Andrew is still doing Dave Ramsey. If you live like no one else, later on, you can live like no one else. 😊

[@searlearnold2867]

I know a jet broker who has laid out the reality of ownership to me. The cost benefit analysis is sobering and eyewatering to say the least, but, for some in certain businesses, it is quite justified and almost required. I'm with Andrew. Pocket your earnings. Jets burn cash like fuel.

[@blktauna]

Money pits for realz

[@searlearnold2867]

@@Naija4K zoom changed all that. The justification for a jet has become even more mission critical. Our team could use a G650ER or Global 6500/7500, but at this stage, we're banking our savings. Bonuses look more attractive with more zeros and a comma or two.

[@Ziegfried82]

It's like owning a yacht, only worse. Even more expensive with far less benefit. The main reason I can think of for owning a private jet is if you are some sort of celebrity. Other than that, maybe if you want to fly places the major airlines don't or won't go.

[@letmelick]

@@Naija4K exactly, the most valuable asset we got is time. So if you can gain more time by spending money is a win in my eyes. Money comes and goes, time doesn’t.

[@NelsonStJames]

Same as boats.

[@stevenroshni1228]

Commerical flying has become remarkably safe. Whenever we hear about crashes it's private

[@chasvonplatten1298]

Especially if you are a Rockstar.

[@louiseevaonthepath]

It's all the lack of maintenance and pilot training.

[@williamosgood3565]

Also the "got to get there itus". Business execs and entertainers need to be somewhere at a certain time leads to unsafe risk taking in bad weather, in planes that are more susceptible to the weather.

[@gpsoftsk1]

@@louiseevaonthepath It's also about the size of the plane after those primary reasons.

[@pinto_8261]

@@gpsoftsk1not really

[@axiomaddict]

“The frugality kicks in.” One good friend of mine is related by marriage to very old East Coast money. She drives an 11 year old non-descript car, and wears plain clothes and I take some cues from her. I don’t valorise miserliness, but I do appreciate frugality.

[@bighoss8793]

Billionaires need private jets because they have to go around the world and give lectures to the little people on how they need to cut back because of climate change.

[@hilawes]

Yes, this is where stuff owns you instead of the other way around.

[@mrs_elsewhere2111]

This was interesting Andrew. I appreciate your perspective. My husband and I are probably your parents age and we have experienced the decline of commercial air travel first hand. My husband worked as a diplomat and we have traveled to and lived in more countries than I can count. We absolutely hate commercial travel now. It’s horrible, and there is always at least one narcissist who walks onto the plane with a lidless cup of hot coffee talking really loud on his mobile phone. Said person sat next to me on a recent flight and spilled his coffee on my white jeans. Flight attendants and customer service agents used to smile and make at least a small show of caring. Now they will barely look at you, let alone speak to you. Travelers used to be served meals on long flights and business class were served on table cloths and real glassware and flatware. Those days are gone. Now you are lucky to get a glass of water and a bag of chips.

[@barbthegreat586]

I know what you're saying about loud guys but at long flights you still get food. Also, the flights are now much cheaper than they used to be and we get what we paid for. I have to say though that standards in the US have fallen dramatically. On the recent flight, they wanted me to pay for the earphones to listen to the plane entertainment.

[@currentfaves65]

Miss air travel in the 80's and early 90's. People were polite and the little dinners were fun.

[@InstantLuc]

@@huwhitecavebeast1972 100%. You'd likely get better service on some Asian Airlines in economy class than a North American airline in domestic business class lmao

[@lovelynirvana2960]

Glass?????

[@noWoodsman]

I don't know what you are on about, but I hope you know economic seats are for people who don't have a lot of money, business is for people who want more space and have a bit better food, but first class is where it is for people with money. If you compare business class to first class nowadays there is a huge gap. First class will give you privacy, attention, etc whatever your needs are what you just described. You can't compare something that was first class in your time to the recent times where first class is what you basically want but can't afford.

[@vince1012]

I was thinking of getting my pilot license and island hop in the Philippines. A commercial pilot told me his airline wouldn't let the local maintenance touch their planes. Private jets have no choice.

[@raoultesla2292]

There is a thing called an Ultralight. Experimental Aviation Assoc. You can fly anywhere you want.

[@AWidgetIHaveNot]

Someone once joked, not entirely tongue in cheek, that there's no word for maintenance in Tagalog.

[@scottkludgedorsey4805]

Private jets would go to Hong Kong for maintenance from TAG or Haeco rather than use locals in Manila, yes. These days you also have facilities in Taipei. It's not that out of the way in a jet although if you're in a Piper Cub you likely have no other choice than Manila.

[@infernocomet]

Personally, I love the hustle and bustle of airports.

[@scosal7100]

A true Midwesterner's sense of frugality!

[@InstantLuc]

Flying private varies wildly in price depending on destination. Not everyone who flies private is as rich as you'd think

[@marshallderriek1858]

Buying a plane is like buying a mega yacht .. the real expenses are just beginning

[@Ziegfried82]

Yeah the initial price is nothing compared to long term cost of ownership. This is coming from a boat guy lol :)

[@Elemental1331]

I forgive you for not flying private, Andrew.

[@tf2368]

Looking forward to your next video on why you aren’t buying a yacht

[@bigmikeobamas69inch3rdlegpenis]

Roflmao 😂

[@bigmikeobamas69inch3rdlegpenis]

'why I'm not buying a private island'

[@Ron-zr6se]

That one is easy, it doesn't fit his lifestyle and it is not cost effective for him.

[@bootmender]

No yacht, but I do have an island with air strip. I spent 2 years on a 38’ sail boat, I still don’t sleep well after nearly getting rammed by a freighter off the coast of South Africa.

[@bigmikeobamas69inch3rdlegpenis]

@@bootmender pretty good setup 👏

[@jonathanblack3]

I like your approach. Business or First more practical, less ostentatious, than private ownership.

[@IamChevalier]

Chartering is vastly different than owning a private jet. As whether it's a jet, turbo-prop (which in many cases is faster and more efficient) or prop (single or dual). Full ownership | fracutual ownership is a separate type of model - now you have depreciation, asset, etc to factor. Flying privately is about TIME - they are selling time. What is your time worth? If you fly privately and have 3/4 ppl onboard - you are immensely more productive onboard a private flight than a commercial. If you are earning $10MM/yr - that's $4807/hr (2080hrs - std yrly hr factor) and the 'commercial flight-time is 5hrs - I said flight-time - now add (2+hrs for departure nonsense) - that's +/- 7-8hrs of your $4807/hr time - $33K opportuntiy cost for this single flight. NOW - let's add the opportunity costs for the 3 other ppl on the flight - assume $250/hr - that equates to ($250 x 3ppl x 7hrs = $5250) - now we are looking at +/- $38K for a '5hr' flight PLUS the cost of the commercial tickets. AND the time aboard the commercial flight is non-efficient and non-productive - wasting $30K+ (even assuming there is a miniscule of productivity). Also, not to mention that you are a slave to the commercial flight schedules AND destination hubs... Now private - assume a jet - same 5hr flight-time. BUT the departure time is cut to almost nothing - you show up - wheels up in 15/20 min. $6.5K/hr for the 'jet' x 5hrs = $32.5K - even if you call it a wash - the time in the 'jet' is fully productive and NOT an opportunity cost. AND you fly when it's convenient for you NOT the airlines schedule AND go to the destination you need to (assuming the airport runway length can support a priv jet). It's about time - when you actually crunch the numbers - and factor in the other nonsense that one has to deal with when using a commercial airline - flying private can make sense. Just my 2¢ - having done a bit of a back of the envelope...

[@TxGambler77]

I somewhat work in that world dealing with FBO's. I feel like if you are trying to hit multiple locations in a single day, private is the way to go as the 2 hr window of arriving before a commercial flight you can already be at your next location makes all the right sense.

[@MyTv-]

The experience a side, just a look at how much effort established airlines put in maintenance and keeping training up to date, makes me question the risk of flying private. It’s how many affluent and famous people leave this world.

[@ictpilot]

The pilots flying the Citations, etc. are very highly trained and competent. And maintenance is kept up.

[@mkyhou1160]

Safety puts me off. A former premier here in Alberta died a few years back a private plane. A few days ago two young dads died. It’s just not safe enough, you are dependent on people not good enough to fly for major airlines and equipment that will never be as well tested.

[@Joseph-xt2qg]

I'm a big fan of not being wasteful. Doesn't matter how much money I have relative to the cost, if I can do a thing in a less wasteful way that doesn't dramatically inconvenience me, I will

[@devinkelly399]

Love hearing this stuff. Thanks Andrew!

[@morganstubie]

Thank you for being practical and doing what’s best for you…and not listening to the chatter!!!

[@americanbobtail1]

Since Andrew does not own a car, why would anybody expect him to ever fly private/chartered plane.

[@MarkRose1337]

He owns one in Malaysia now.

[@americanbobtail1]

@@MarkRose1337 - So he finally bit the bullet and got a car. Was it taxis/rideshares are harder to get more unreliable than other countries, security reasons, family or something else.

[@johnpatrick1588]

A lot of jet owners can't or don't want to pay all of the bills of ownership of a jet either. Many charter companies use jets owned by others seeking to offset ownership costs by using them for charters. There are better uses of capital and assets that get better returns than renting out a jet.

[@cheery-hex]

Agree unless you are a billionaire or close to it there's really no point

[@jasoncrandall]

Jet owners do not make money letting others use their jets. It’s smoke and mirrors.

[@neilstleon6251]

Always enjoyed your inspirational productions over the years Andrew and although I don't often comment I always give you a thumbs up👍

[@nomadcapitalist]

Many thanks.

[@r.hagenau3541]

Private jet ownership is hardly ever justified when used "privately". Corporate is different in some cases. But privately, spending USD15-20M on a decent jet, then paying at least USD2M p.a. for its upkeep requires a really good justification - and not just the social game surrounding jet ownership. If you're not doing at least 400 FH/p.a. it is a waste. And for the upkeep alone you can charter a similar plane for a few hundred hours p.a. The economics of ownership just do not add up in the vast majority of cases. Very similar to private yachts, btw - a decent private jet and a smallish superyacht are very similar in their overall lifetime costs. And the main question is: Do you really use it? Does it overall make your life better and more enjoyable?

[@MarkRose1337]

I was curious about that. Thanks for sharing, Andrew.

[@nomadcapitalist]

Our pleasure.

[@ricardokowalski1579]

What I want to understand is how everything can now be a zoom meeting, but at the same time private jets sales are at record highs. It's like high value business does not trust electronic communications and rather not leave a record of their meetings.

[@jasoncrandall]

Or flying commercial sucks.

[@ricardokowalski1579]

@@jasoncrandall they can fly business or first class

[@jasoncrandall]

@@ricardokowalski1579 the flight isn’t the problem. The airports are.

[@saltyroe3179]

​@@jasoncrandall ground transportation and airport is where spending extra will get you results.

[@jasoncrandall]

@@saltyroe3179 I own my own jet. I gave up on commercial decades ago

[@markwood371]

100% agree! Another great video.. As usual, the answer is it depends.. based in EU or North America, pulling out the net jets card now and again probably makes sense. Want to fly from Perth to London? Unless your a Billionaire with a G6, commercial business/ first makes more sense..

[@thommysides4616]

Thanks for your honesty and candour.

[@julion89]

If your options are Qatar, Emirates & Singapore airlines it's an easy choice, but when they are American, United or British airways it's a necessity

[@benchoflemons398]

If you’re flying in Europe then economy is a joke (worse than us) and business is almost as bad as the US now

[@matthewnirenberg]

@@sidesauce Of course he didn't - he's a commie and rejects everything private - notice his choice of words in which he tries to speak for everyone "I think a private aircraft is never a necessity. All bigger airlines are sufficient" - no they aren't sufficient, they're slow, dirty and expensive (for what they are). I'd love to see him use the main airlines to get to many places in short amounts of time that aren't close to large airports or trains (trains are also horribly slow) - this is another reason people have private aircraft - they can get to many places quickly using small airports that airlines are banned from. I'd also love to see him travel 6 countries in one day - no airline will enable this - their schedules are too slow and rigid and their planes are too slow which are also too large to enable this. He also forgot that being crammed in "commercial busses" on actual long-haul trips (Australia - UAE - UK; Australia - Hong Kong - Frankfurt), its horrible being crammed unless you've got a business class ticket (easily $14k - more than usual due to the "2020 thing" and because either of the two routes just mentioned are in the longest haul category (more fuel, staff working longer, etc.)). Business class is slowly disappearing as airlines are chasing every dollar possible which means cramming in more economy seats is their goal; this is making business class tickets harder to get on popular flights, leaving private as the only option. With ticket prices as horrible as they are now, its actually possible to charter a private jet that's needing to get to the same destination as you for less than the cost of a business class ticket.

[@plizak]

Actually the choice isn’t easy for most between Qatar, Emirates, and Singapore, but I am a Star Alliance kind of guy so I would choose Singapore Airlines

[@Elemental1331]

True, I could never be caught locked in a metal tube with such peasants

[@upstar21t]

​@@sidesauce True. Being bossed around among other people is unpleasant.

[@dealman3312]

I have a friend who flys every year from Hawaii to Canada privately and has never looked back. It’s about 100k

[@jackoneil3933]

Good, valid points Andrew. Having spent many years in General Aviation Sales and the air Charter business, leasebacks and fractional ownership can be attractive and even generate some positive cash flow, while cutting operational costs.

[@nomadcapitalist]

Thanks for sharing!

[@user-tv5dt3nm9y]

You are right. Intercontinental flying requires a serious jet which is very expensive to own and charter. A serious jet would be a Gulfstream, Citation X, Falcon, Global, or BBJ.

[@MarkRose1337]

People have flown across the oceans in prop planes. A jet is only required if you want to get somewhere quickly.

[@PolishBehemoth]

​@@MarkRose1337 lol uhhh no. Quickly as in like 8 hours to fet somewhere. A jet is definitely required for decent time and level of travel.

[@jasoncrandall]

I only fly private. All over the world. Haven’t flown commercial in 20 years. It’s worth it

[@BizJetTV]

You're a wise person Jason! In my experience, those with the money all fly private!

[@odderlendsolvang3790]

no wonder greenhouse gas emissions go up.

[@jasoncrandall]

@@odderlendsolvang3790 lol did you also take the fake vax? 🐑

[@catarinav7947]

Private jets are easy enough/cost-effective in Europe/North America. In Asia, FBO fees, overflight permissions/fees etc mean that a flight of a similar distance in Europe will be 2-4x+ in Asia cost-wise. South America isn't as bad as Asia but Africa is worse than all of them.

[@kyler565]

I thought south america would be cheaper than north america because the hanger fees are lower and mechanics are cheaper??

[@catarinav7947]

@@kyler565 In many cases it is the same cost as the US or higher. You save on hanger fees but not really on mechanics while the overflight fees/landing fees/operational costs are much higher than the US.

[@rahimbacar1736]

Yes SIR - totally in agreement with you, it's all a game and only those that know it have the discernment to do things advantageously...

[@TChalla007]

Buy a plane, use the tax incentives. pPt it in charter service to pay for maintenance and maybe some profit. Fly commercial for flights over 8 hours.

[@84jamesp]

I refuse to go through body scanners and got tired of getting felt up by tsa that’s why I charter

[@rob7819]

Hello from Dublin Ireland 🇮🇪 Love this content.Brand new subscriber

[@nomadcapitalist]

Welcome 🌍👋 Enjoy the content!

[@sleeplessstu]

The finances are only a small part of the equation. Statistically, small aircraft are less safe, typically have crew who are less experienced, and with global warming, smaller aircraft are more subject to unstable weather conditions like clear air turbulence.

[@tdgdbs1]

I spent 5200 hrs in aeromedical as a nurse; if you don't pay me, I will never fly in a tiny single piloted plane. Strictly on the pilot qualification and maintenance.

[@Karl__Pierre]

Because the price is quite expensive. Minimum is 2k an hour and if you need long legs easily 10-20k an hour. All depends on length and passengers. As a pilot, 7 figure millionaire , global living, and aircraft owner that's my take.

[@tf2368]

Lol 7 figures why don’t you just give your actual number instead of 1 to 10m

[@jensferd1]

@@tf2368 When you are rich, you almost never know the acutal number, it changes daylie

[@Karl__Pierre]

@@tf2368 between 5 and 6

[@eat_ze_bugs]

The worst thing you could do after moving to a lower tax nation is to fly private. For most people, it's an absolute waste of effort moving abroad if you're going to fly private all the time.

[@scramjet4610]

You bring up great points, but what I'm hearing you say is that I'm wealthy, but not rich enough to fly private because I don't think they spend much time weighing costs. Your mentioning claustrophobia is a good point that may be overlooked.

[@mattanderson6672]

Thank you Andrew

[@jola9328]

An other reason I was told to flight commercial flights is that safety and security are on an other level. It seems there’s so much more accidents on private jets than commercial airlines.

[@remotetrekker-dg3re]

practical assessment.

[@randomchannel323]

It's kinda like taking the bus vs owning a car but on a much crazier economic scale

[@Snakebloke]

I've looked at it over and over, ad nauseum, but there just isn't a sensible case for buying your own plane unless you like flying yourself. If you're travelling, going commercial is just better. Every time.

[@TarrelScot]

I wonder if, for long haul, a good compromise would be a concierge service? For example, London Gatwick and Luton both host the Signature Elite service which, for around £600, drives you to the FBO terminal, processes you through private security and immigration, and then drives you to the aircraft. They have arrangements with BA and, surprisingly, easyJet. (Often thought about trying it with my £29.99 EasyJet flight from London to my home in Scotland, just for the experience!). Just thought that might deal with the "hour and a half immigration line" problem you cited. Overall though, small airports do help. Mine is 10 minutes' drive from the city centre, has parking right outside the terminal and a relatively low throughput. Queues and crowds are rare and you can comfortably go from parking the car to boarding the aircraft in 45 minutes. It has connections to the hubs in both London Heathrow and Amsterdam Schipol, giving a huge choice of onward destinations and airlines.

[@bluntlyspeaking8289]

0

[@nomadcapitalist]

Definitely a good idea. Sadly, not available (or doesn't add value) in the airports we travel from.

[@CigarAttache]

Andrew, love that sports jacket!

[@Ron-zr6se]

Flying private for short flights of 1500nm or less is fine or owning your own plane. Turboprop aircraft cost less and are just about as fast as the jets on short flights but also have the advantage of short strip capability. Otherwise commercial long haul jets are far more cost effective and unless you are a billionaire in a G-650 or G-700 it is multi-stop instead of nonstop gate to gate.

[@drew8979]

Everyone hates frontier airlines but I love it. It’s cheap, I travel light, and it gets me where I need to go. I don’t need to travel in luxury and I feel the same way about cars.

[@davidhickey8152]

If you fly less than 150 hours a year, owning a private jet does not make economic sense. Best charter as and when needed

[@LisaCulton]

Getting on a commercial aircraft is an unnecessary risk for someone in your position. It's not a question of luxury or convenience, but one of security.

[@remotetrekker-dg3re]

What danger is he in flying commercial.

[@propergander8509]

There’s also the aspect of added complexity if you don’t want to go the charter route and want to (fractionally) own a plane… You’ve got maintenance to deal with, another depreciating asset. There’s pilot’s wages to deal with. Countless regulations, especially in Europe. And how does all that factor into your tax strategy? Especially if you’re remitting yourself money for your spending and have to pay income tax on all that! Fringe benefits and business expenses do have their limits, after all and getting audited ain’t fun. And you really have to ask yourself: Am I even saving enough time to justify the expense that comes with new headaches? Is the experience really that much more luxurious? Can you abstain from luxuriating for a couple of hours to bag greatly reduced transport expenses in return? If “flexing” 24/7 is already not your thing because you’ve had fewer means for most of your life, flying private might just be a bit distasteful… And are you really saving that much hassle if you have priority boarding, no immigration issues and if you pack savvily enough to just breeze through security? I mean, if you have a Schengen passport and Global entry and you try to avoid the holidays, most of the time, there is not a hassle to be had at the airport! Don’t get me wrong! I see the appeal for large families or groups that can narrow the gap! And I can see it for a hobbyist pilot on shorter stretches. Or for celebrities and politicians for whom being well-known in a sea of people can be an issue. But for a low-profile couple, the upsides barely, if at all outweigh the downsides in most cases…

[@alexanderdiazlarsson829]

Less mouth breathers?

[@propergander8509]

@@alexanderdiazlarsson829 Y’know? That famous clip of those prosperity gospel televangelist guys arguing amongst themselves why they need their own private jet with this one guy saying he doesn’t want to be caught in a “metal tube filled with demons” is starting to make sense. But yes… all the Karens, Children etc are a big part of what makes commercial aviation unbearable!

[@jasoncrandall]

Says the guy who’s never flown private.

[@alexanderdiazlarsson829]

@@jasoncrandall Wizz air made me motivated to get one 🏆🤣✈️

[@Ziegfried82]

@@propergander8509 yes people crucified (haha get it?) that televangelist for saying that but really I think this does boil down to being in a metal tube filled with demons. Commercial flying can be hell.

[@aerorobnz]

I have a threshold where I will go private and a background in aviation ops. I will only elect to go private eventually once I can afford my own plane and running costs outright with the necessary range and size to fly my missions without majorly restricting frequency of my journeys. For me, that threshhold is high because I also need longhaul capability and first class is still significantly cheaper on flights of 12h+. For the balance of your life you need to afford that too, because once you go private you won't return.

[@jasoncrandall]

@@svensulzmann4282 you’re alone in that idea. If flying private made no sense nobody would do it.

[@jasoncrandall]

@@svensulzmann4282 aircraft manufacturers are producing record numbers of private aircraft. The wait for a new one is a couple years long. The demand for airports and aircraft storage has never been higher.

[@mafp22w]

The best deal is to become a pilot and fly your own turboprop.

[@urbancornbread5500]

"$1,000,000.00 for a rinky-dink plane..."😂 I guess I just never thought of it that way.

[@jasoncrandall]

To a person who only ever rode the bus, a Porsche is a “risky dink” car.

[@MarkRose1337]

You'd be lucky to buy any kind of jet for less than a million (not talking about the SubSonex kit plane). If you do, it'll be clapped out.

[@Ziegfried82]

@@MarkRose1337 indeed. Good jets cost a lot more than 1 million, it's OK for Andrew to just say "hey I'm not THAT rich!".

[@MarkRose1337]

@@Ziegfried82 Small ones aren't that much more though. He could easily afford one, but it wouldn't make sense for all the other reasons he mentioned.

[@atlfun08]

Yesssss....really don't like small planes at this point unless an hour or less flight. Definitely get claustrophobic... but I do get so tired of how crowded planes get. I just want to bypass waiting in the airport...which I do by arriving just in time to get on the flight...that's the best! 😅😅😅

[@randywilliams4325]

Not worth it for your type of use . A plane with the range you need would cost too much .

[@nicolet2165]

I love Qatar Airways Premuim for Business/ First it's perfect for anything over 5 hours. So like flying back home to South Africa from Europe so sorry but I don't do economy oh horrors!!! I do fly economy for flights within Europe and and from North Africa to Europe. Private planes ? Oh how I wish but I am not a 7 and 8 figure nomad entrepreneur but hey watching Andrew I do keep dreaming of the day that I am! 😅 Keep inspiring us Andrew 🤗

[@MrMonero]

This guy is out here making me want to stop flying private now.. thanks bro 🤣

[@nobody46820]

What about fractal jet ownership?

[@ApplesOranges123]

Excellent perspective. That $10 million of capital is not making any money it’s losing your money it’s depreciating.

[@alexandrealmeidamagalhaes7768]

Me too, that's why I don't fly private, I feel ya😂

[@michaelferguson4549]

There is a gap in service for people earning over $1,000,000 but not by enough to really make flying private reasonable. We spend 9 months per year in Europe, but even in the Southern portion of Europe, winters are not really up to our climate standards. Right now, I am in the process of going to Hoi An Vietnam to see if it might be a place winter. I originally looked at going through Abu Dhabi, Mumbai, Bangkok and then on to Da Nang. It was going to take 34 hours with long stop overs in each place. I did that one time during COVID from Warsaw to Alanya, Turkey. I was near death by the end of it. So, I took a direct flight to Abu Dhabi, stayed there for two days, then on to Kathmandu where I ended up extending to two weeks. Now I go to Bangkok where I will stay for 8 days and then on to Hoi An. If wintering in SE Asia is our ultimate choice, I would trim that down to one day in each location and take 8 days. Many of these flights don't have business or first class. That would be a problem with one, 15 hour flight. But with 4 or 5 hour flights, it isn't so terrible. Still, it would be better if there was something between commercial and private. The quotes for private around $180K for my wife my personal assistant, our dog and me is really out of my range. We are seriously considering dropping S.E. Asia from a 'Trifecta' rotation simply because there really isn't any comfortable and affordable options for going to and fro. I'd like to see private cabins that can add to the comfort but cost, perhaps $5,000 per passenger. I understand that I would need to work my schedule around less frequent flights. But, moving our itinerary a day or two one way or the other would be perfectly OK. I know that you and I are not the only people looking for better ways to get from Europe to S.E. Asia.

[@pdxshredder6883]

Well first of all, $5k only gets you business class. There is a product on Etihad called “the residence” which is like a private room and runs around $30k but it is not very popular. It’s just more cost efficient for airlines to have business and first class seats, and from the consumer side, it’s not really worth paying 5-10x the price when at the end of the day it’s still a commercial aircraft with limited routes.

[@ioanpena]

I drive from Romania to Muntenegro !

[@benjaminfriedman9107]

Where private saves money is if a person with a high salary needs to travel from urbana champaign illinois to harrisburg then to Bentonville Arkansas and then to mobile with comercial that would take a week with private maybe 2 days and with multithousand a day salaries you save money

[@ericeverson5956]

Yes.

[@jjthefish446]

How much should you tip the Air Traffic Controller?

[@busyrand]

Large carriers have larger planes that are very safe... The price controls of flying business class make sense in general.

[@EvanEscher]

Haha I never thought Andrew would give a shout out to Wendover

[@realalexmackenzie]

I think the thing that would keep my away from private is the size of the plane. I cannot imagine sitting in this tiny little space for hours on end. That would be doubly so if I were flying solo. Business/First Class is the way to go IMO, with the best airline that you can find flying the route. I actually like big airports and being around other people, though not so close to them, hence the need to be at least Business Class.

[@jasoncrandall]

Jets that fly for hours on end are much larger than a business class seat. If it sucked nobody would do it.

[@1439315]

The day after the flight it no longer matters that you paid reasonable price to fly public airlines. And over time you still have your bankroll.

[@brucebaker3523]

Great example of what makes private jets mission oriented. Most private jets can't match the comfort of top airlines first class suites on the long haul routes Asia to America

[@antoniobrasse7157]

In addition to cost, I dont think private pilots are as well trained regularly as the big commercial airliner ones.

[@reneeemigree9004]

Right, we’ve researched it, some private flights are v inexpensive. ✅

[@lotuseletre8724]

I think the G700 would change alot of peoples' minds

[@johnpatrick1588]

If you need to look cool just take a picture next to some other guy's jet. If you need inside shots offer a couple of bucks to sit in a seat parked on the ramp. True phony social media types just rent a plane for a bunch of shots or rent a fake jet mock-up.

[@CarlosEBernal]

I'm sure you're probably too young to know this but in the early 1970's Jacky Kennedy Onassis use to send a private plane from the island of Scorpios to Paris to pick up her freshly baked breakfast Croissants. I guest sometimes the deal is not about efficiency but just showing your peers that you can do it. Today obsession's is having enormous private yachts , a few years ago was private Islands...

[@Will67267]

I fly first class or business class all the time and it’s perfectly fine.

[@johnpatrick1588]

Not a fan of fractional ownership. You pay the list price for the plane, high hourly rates, and additional fees since the management company has to make a profit. Plus not impossible for the management company to get kickbacks/rebates from vendors but still charge full price to owners.

[@alansjf33]

Not that getting an airplane ✈️ is a real option for me , but I think people need to consider the cost of storing and maintaining things like airplanes and large boats 🛥️. It just doesn’t seem cost affective or worth it to me. I would rather just buy a flight or rent a boat . That makes sense to me.

[@as-1982]

When money is no object, why should one buys a flight or rents a boat?

[@alansjf33]

@@as-1982 to me money is always an object . I would have to be a multi billionaire to but an Airplane and feel comfortable.

[@eagleplayer18]

Same!

[@alexinthemiddle4170]

Why spend so much money on private when you do not have to? Leave it for the billionaires!

[@marcykaren]

Personally I like Ryan Air much better than economy on major airlines. The seats do not recline and as a tall person that is a huge bonus.

[@Rassah]

I know a bunch of high figure millionaires and billionaires. They all say private is just too much of a waste of time.

[@craigt2003]

I guess it depends on where you live...For example in America it would be worth flying private if you can afford to, so you don't have to deal with all these restrictions that comes with flying commercial.

[@nikn1250]

lets also keep in mind that families and business leaders that own planes in America commonly fly commercial internationally.

[@gregorydamienmech]

I thought this was a Saturday Night Live skit called "problems of (filthy) rich people." 🤑

[@albertinsinger7443]

Onassis used to send his plane from his island in Greece to Paris to get his meals in Paris daily. I guess Andrew simply is not in that category and still is counting his penny’s and nickels.

[@khalidalali186]

I fly economy, and only fly business if I can win a business class ticket through a bidding process, by the airline itself. Which allows me to get it, for only 25% the cost. I also drive a 2012 Lexus IS300. Depreciation cost should always spring to mind, whenever someone wants to buy a car, or a plane, or even a boat for that matter.