Steve Varsano walks through buying a jet for a charter service. A new 6-8 seat jet costs around $14 million, while a 25-year-old 6-seater might be free but needs heavy maintenance. The real move is figuring out what you actually need before you buy anything.
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The whole 5 foot width back, what would that look like? About $13 million. So the company is called— He's acquired an aircraft cargo company right now. The goal is to have a charter service for between 8, 12, 15 kind of people.
Are they looking for somebody to work with them to acquire airplanes for them to operate and put into a charter service? Let's talk about that. What is the entry level that he has here? You're not asking the right questions. It's not what's the cheapest airplane, can we buy it and go put it into the system? It's the other way around. You have to see what the demand is and what airplane meets that demand. Which one would that be? You know, 6-8 seater? You can get a 6-seater that could be 25 years old and somebody will give it to you for free because it's an old airplane and needs maintenance and it's just nobody wants to own it. Or you could buy a brand new 6-8 seater and it costs you $14 million. We need to talk to somebody in operations that knows what they need. I'll give him a call tonight. We can go from there. Thank you so much. I appreciate it. I think he just knows somebody who is looking to do something and he's not in this industry, but you never know if there's somebody on
