Think Like an Owner The Economics of Flying Private - Cory Bengtzen - Ep. 256
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Jan 14, 2025 Cory Bengtzen, Founder and CEO of SkyShare, shares his thrilling journey from the auto industry to the skies. He discusses the economics of private aviation, revealing the secrets behind his vertically integrated business model. Hear about his adventures ferrying aircraft for a TV show, and the challenges of navigating complex private aviation transactions. Cory emphasizes the practical benefits of private flying for business efficiency and explains how strategic acquisitions fuel growth in the aviation sector.
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Coldest Flight
- Cory Bengtzen recounts a harrowing experience ferrying a Cheyenne 2 to the Philippines.
- The heater broke in sub-zero Russian temperatures, forcing them to use charts as makeshift insulation.
Reasons for Flying Private
- People fly private for business efficiency, creating client experiences, and personal convenience.
- Private aviation offers time savings, privacy for meetings, and access to more airports.
Client Experiences
- A client, a wealth manager, uses his private jet to create memorable experiences for clients.
- He takes clients on trips, strengthening relationships and ultimately winning business.