The $24 million Embraer Praetor 600 flies London to New York on a single tank, burning about 2,000 gallons of fuel. A first-class ticket costs $6-9k for one seat; the jet's operating cost for the same route is comparable but carries nine passengers in full privacy with satellite internet.
Chapters
This is a $24 million Embraer Praetor 600. You can fly from London to New York or even farther with no problem pretty much any time of the year. How much is a first-class ticket to go from here to New York? Something between $6,000 to $9,000. Fuel burn on this airplane to go the same route? 250 gallons an hour, 8 hours, 2,000 gallons. Sounds like the same price. That's right. Plus the whole 9 people on this airplane. That's correct. It could fly for over 9 hours, but today our flight will take a little under 8. It has the lowest We have an altitude of any super midsize jet in the market. In addition to that, it helps you a lot with jet lag, which allows us to arrive a lot more refreshed. We'll be supported by Ka-band connectivity over the Atlantic. They'll be able to work just like they were back in Mayfair in London. I'll be able to be on the telephone as well, right? Absolutely, yeah. And plus we're going to have, what, 4 people on the airplane? So we're going to be able to work uninterrupted, as you will on the airlines, but you can't really talk in private. Correct. It's so much more efficient and productive.