I'm wondering if those people are actually on all those jet flights.
I know a wealthy person who has several jets. He started a company to own the planes and charter them to anyone who needs a flight. So he flies in one of the planes occasionally, but most of the flights are by random people chartering the planes. Tracking one of his planes would give very little info about his travels.
This person I know also did the same thing with his yachts.
Doing this means that he has the use of private planes and yachts, but without the expense. It would be stupid to personally own a jet and let it sit idle most of the time.
JMO, but it's very likely that at least a significant amount of the time, the individual in question is NOT on the jet themselves.
Corporate jets are mainly a time-saver and tax write-off; an exec can save hours and hours flying private vs. commercial.
If a corporation like Amazon owns a jet, it's usually used by at least all their C-Level Execs.
Aircraft are expensive to operate per hour & such, but at the same time, it makes zero sense to invest in actually owning your own aircraft and letting it sit idle for weeks / months at a time.
But yeah; prob a lot of the time, it's other corporate executives on the plane.
Oh, I get it. And when the owner is profiting by renting out the jet, the jet is apparently NOT emitting the carbons at issue, so it’s all good. They get to keep their private jets, and we still need to eat grasshoppers. Got it.
The person I know has unrelated people flying on the plane almost all the time. He has very little in the way of "corporate executives." I don't know if his next in charge has ever flown in one of the jets. He doesn't seem the jet type.
Yes, I agree. There are timeshare jet services where a person can sign up to use a plane and share the cost with others doing the same thing. I don’t know if these people are using their jets that way but they tend to have entrepreneurial minds and it wouldn’t surprise me.
The guy I know owns the entire plane company and can fly whenever he wishes. The rest of the time, other people are chartering the planes. So he makes money, rather than spending it.
I'm wondering if those people are actually on all those jet flights.
I know a wealthy person who has several jets. He started a company to own the planes and charter them to anyone who needs a flight. So he flies in one of the planes occasionally, but most of the flights are by random people chartering the planes. Tracking one of his planes would give very little info about his travels.
This person I know also did the same thing with his yachts.
Doing this means that he has the use of private planes and yachts, but without the expense. It would be stupid to personally own a jet and let it sit idle most of the time.
JMO, but it's very likely that at least a significant amount of the time, the individual in question is NOT on the jet themselves.
Corporate jets are mainly a time-saver and tax write-off; an exec can save hours and hours flying private vs. commercial.
If a corporation like Amazon owns a jet, it's usually used by at least all their C-Level Execs.
Aircraft are expensive to operate per hour & such, but at the same time, it makes zero sense to invest in actually owning your own aircraft and letting it sit idle for weeks / months at a time.
But yeah; prob a lot of the time, it's other corporate executives on the plane.
Oh, I get it. And when the owner is profiting by renting out the jet, the jet is apparently NOT emitting the carbons at issue, so it’s all good. They get to keep their private jets, and we still need to eat grasshoppers. Got it.
Eat the bugs. Live in the pod. Own nothing. Be happy. Complain? Get in the van.....
The person I know has unrelated people flying on the plane almost all the time. He has very little in the way of "corporate executives." I don't know if his next in charge has ever flown in one of the jets. He doesn't seem the jet type.
Yes, I agree. There are timeshare jet services where a person can sign up to use a plane and share the cost with others doing the same thing. I don’t know if these people are using their jets that way but they tend to have entrepreneurial minds and it wouldn’t surprise me.
The guy I know owns the entire plane company and can fly whenever he wishes. The rest of the time, other people are chartering the planes. So he makes money, rather than spending it.
Smart strategy!