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And it's not even about forbidding them to so it. It's just about paying a little bit of taxes. Is the fuel taxes such a big part of the cost of flying a priva
by ithkuil 5y ago
And it's not even about forbidding them to so it. It's just about paying a little bit of taxes.
Is the fuel taxes such a big part of the cost of flying a private jet?
Is it just that those people hate paying taxes on principle (and manage to lobby for it)?
- emteycz 5y agoIn Europe, people flying private are overlapping with those sitting in the parliaments.
- WJW 5y agoPretty sure that is not just overlapping in Europe though.
- bluGill 5y agoIt is either government, or C level executives in large companies. Nobody else can afford to fly private jets. Even if you fill your private jet with others it is still cheaper to fly first class commercial. I've looked into it, engineers can't afford it unless their company is paying for it.
- bellyfullofbac 5y agoI follow Formula One drivers on social media, and they regularly posts photos of themselves on private planes. Well technically these are charters, but at the end of the day it's just them and their friends/family on each of these flights.
- bluGill 5y agoPaid for by their sponsors.
- bellyfullofbac 5y agoGot a citation, or are you just being a know-it-all? Sure, at the end of the day their paycheck is money that came from their sponsors, but I'm pretty sure they mostly pay for the flights themselves. Many drivers live in Monaco, so they've even shared a chartered private jet going to some races and back. Or I've even seen a driver take his wife and kids to vacation from Switzerland to Finland, on a private plane, with no sponsors being tagged in the Instagram story (but well, let me guess, you're going to tell me I'm being advertised to in other ways).
- bluGill 5y agoThe know-it-all. Though sports figures are more likely to take private planes in general. [When] They have the high income to support it, they also have a need to get between many different cities fairly quick, and not all those cities have good commercial connections. Thus racers are rich enough to support private planes - via their sponsors. Most people don't have that kind of income.
- GekkePrutser 5y agoTrue but those people are usually not the ones paying for them anyway
- Teknoman117 5y agoI'm fairly certain that dominating costs of a private jet besides the initial purchase price are the maintenance and employing a flight crew. Fuel price is probably a rounding error in comparison (they get a few miles per gallon). Edit - some quick Googling suggests that jet fuel costs $1.96/gallon in the US at the end of last week. Jets aren't cars, you can't just change the oil every 3 months and have it run for years.
- jaywalk 5y agoFuel costs are a large component of private jet ownership costs. I found a great chart that breaks it all down: https://www.libertyjet.com/jet-ownership-costs.aspx?jetType=Gulfstream%20G550 https://www.libertyjet.com/jet-ownership-costs.aspx?jetType=...
- Teknoman117 5y agoInteresting. So, not a rounding error, but it's still only 20% of the cost. The fuel estimate I had in my comment was for a smaller jet though (7 or 8 passenger).
- stjohnswarts 5y agothanks for this, it's an interesting data point, but I would be willing to bet that the 99.9% who don't own private jets don't care because if you can afford a private jet you can afford the taxes for that private jet and should include them in your purchase decisions.