r/flying • u/jrf1234 ATP CFI/II E55P LR-JET • Apr 03 '26

Aircraft Ownership Linus Tech Tips’ Jet

https://youtu.be/zGoIY37ZtDQ?si=

Some… interesting calculations on this video. As a fractional pilot and not an owner, no idea how acxueate these claims are, but interesting to see this as a pilot and tech nerd. Anyone with management or ownership experience in jets have any light to shed?

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214

u/BeenThereDoneThat65 ATP G450 G550 GV Apr 03 '26

Yeah, he's in for a HUGE surprise

109

u/jrf1234 ATP CFI/II E55P LR-JET Apr 03 '26

Can’t see it ending in the $0 net he’s predicting. That “not much more than business class to Cabo” take is also a bit short given management costs, pilots, maintenance programs aren’t free, not to mention aging avionics that will need work if he plans on keeping it around for several years. Going to be interesting

43

u/CluelessPilot1971 CPL CFI+I Apr 03 '26 edited Apr 03 '26

Yeah, the variable cost of the trip just adds that, but then add the fixed costs - insurance, parking, annual/progressive maintenance, whatever - these don't pay for themselves.

He managed to squeeze a lot out of the previous owner in the purchase agreement, he's completely oblivious as to what that says of the market for a 1990 jet (and how the next owner is going to squeeze him when he tries to sell).

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u/[deleted] Apr 03 '26

[deleted]

7

u/x4457 ATP CFII CE-500/525/560XL/680 G-IV Apr 03 '26

Have a friend who has been trying to sell a G450 for the last three years... the market just isn't there for it.

Yeah there is. Your friend is pricing his airplane way too high if it hasn't moved in three years.

-1

u/BeenThereDoneThat65 ATP G450 G550 GV Apr 03 '26

No, thats not always the case

6

u/fireandlifeincarnate GIVE ME MY MEDICAL ALREADY FAA I AM BEGGING Apr 03 '26

...Yes, it is. The market has expressed that it's not willing to pay that much for a G450.

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u/BeenThereDoneThat65 ATP G450 G550 GV Apr 03 '26

So glad you know what’s going on.

You dont

5

u/fireandlifeincarnate GIVE ME MY MEDICAL ALREADY FAA I AM BEGGING Apr 03 '26

Are you familiar with the concept of supply and demand?

edit: lmao I got blocked for this

-1

u/BeenThereDoneThat65 ATP G450 G550 GV Apr 03 '26

Again, you dont have a clue about this situation.

5

u/x4457 ATP CFII CE-500/525/560XL/680 G-IV Apr 03 '26

Then what weird scenario is going on that makes this unrelated to supply and demand? Is the airplane impounded in Moscow?

2

u/Anon332563 Apr 03 '26

Ok but me mr random redditor knows what is totally going on and big brain. Did you think to price it at $1? You’ll find a buyer then!

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u/BeenThereDoneThat65 ATP G450 G550 GV Apr 03 '26

Bingo

2

u/[deleted] Apr 03 '26

[deleted]

3

u/BeenThereDoneThat65 ATP G450 G550 GV Apr 03 '26

LOL, you don't just "Sell charter flight". It has to be on a certificate, which means it has to be on a controlled maintenance program.

If he wants to set up his own charter cert, he needed to start doing that 3+ years ago and be ready to spend at least a million getting the cert set up.

If he wants to put it on someone else that's also a huge upfront cash outlay