Dassault Falcon 900EX EASy | Business Air Given the recent lotto price I've decided to go to la la land and find a jet and yacht and mansions I'd buy. I saw this.
That plane is registered to Braxton Acquisitions, LLC, which appears to be some mineral, drilling, and/or oil/energy company based in TX, but with the plane registered in Orlando, FL. Hmm...I've never seen that plane at the Orlando executive airport given the number of times I've driven by it on the 408... Edit: Just google searched Hamilton's jet and its a different model entirely, but similar red paint scheme. He has a Challenger 605 supposedly. http://www.jetphotos.net/showphotos.php?regsearch=G-LCDH
does he own the plane or is it part of his endorsement deal with Bombardier? of course, with his new contract maybe he's upgrading to a Global
My guess is he would have a fractional share or lease deal. Seems a waste of money to own and maintain the jet... Our company is a $20B company and we lease the jet... so if Hamiltion owns it outright... to me its a bad financial decision.
I think he owns it. Custom paint scheme and all that...definitely not a fractional share as he uses it so much. If he's clever enough he gets Merc to pay the jet fuel for him to go back and forth to races. Should save him an easy million a year just for the fly aways alone.... His jet is operated through TAG IIRC.
Cost to run it has to be 5M. Fuel is one of the smallest component to plane ownership. Engine reserves are probably more. Art
5MM a year? ($?) No idea what the things cost (I'm sure someone will enlighten me soon ), but with the travel these guys do, 5MM sounds almost reasonable..... I don't think he can park it in Monaco, and Monaco to Nice can suck (don't ask ) unless you go by chopper. But then he's off to the races (literally ) on his schedule. Nice! Cheers, Ian
Guess Hamilton can switch aircraft brands now. Announcement I saw yesterday is that TAG has relinquished their exclusive Middle East sales rights for Bombardier. TAG has had those rights since the beginning of the Challenger 600 days. Likely had a sweet deal on the aircraft cost by way of TAG. Since TAG was involved they could have been doing the flight management too. If a straight up retail deal figure 1% a month for the lease rate. $5 mil per year sounds real high for operating costs. But everyone's accounting is different. But European operations will be a noticeable percentage higher than for US operators. Jeff
Not sure if Merc is prepared to pay the rest, too . Helo taxi is luckily fairly cheap (140pp according to website...!). Probably wouldn't be worth it to Lew to declare that one, too much effort .
An article back when Nancy Pelosi became Speaker, stated her private government jet was used twice a week to fly her back to her California home from D.C. at a cost of $4,000 per hour. Doing the math, it is YIKES to pay for fuel.
Perhaps he's swapping it for a plane that can take him a bit further: Lewis Hamilton Interview and Fashion Shoot - Lewis Hamilton Interview Harper's BAZAAR
That was likely a Gulfstream number and not when she manipulated to get the 757 to assuage her ego. The 757 was more in the $10,000 per hour range. For Hamilton figure probably around $4,000 - $5,000 per hour as a European registered aircraft. Lease rate of $250,000 a month on top of that. With his travel schedule could be 400-500 fight hours per year.
http://www.dailymail.co.uk/tvshowbiz/article-3405648/Lewis-Hamilton-swaps-silver-Mercedes-red-rivals-Ferrari-pulls-Beverly-Hills-restaurant-stunning-1-1-million-supercar.html
I must admit, the spec on his LaFerrari is pretty nice. I like the body color roof and diffusers. All the best, Andrew.
http://www.espn.co.uk/f1/story/_/id/14600799/lewis-hamilton-was-desperate-sign-red-bull-christian-horner
Depends on the plane, right? A Phenom costs around 600 bucks in fuel per hour and 100 per hour in maintenance.
One would surely hope so!..... Although, I don't think you could pay me enough, and I'm not 'wealthy' like him! I guess he's having fun though. Good luck to the guy! Cheers, Ian
