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A business jet, private jet, or bizjet is a jet aircraft designed for transporting small groups of people. Business jets may be adapted for other roles, such as the evacuation of casualties or express parcel deliveries, and some are used by public bodies, government officials or the armed forces.
After all, there are more than 22,000 business jets flying around the world according to industry data provider AMSTAT—although Barron's could only find evidence of private jet ownership or usage at 64 S&P 500 companies.
The Airbus 380 is the world's biggest private jet and the most expensive. Its price tag is around $500 million. The jet is fit for a prince. In fact, its owner is the Saudi Prince Alwaleed bin Talal al-Saud.
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A private jet can cost anywhere from $2 million to over $100 million. Ongoing expenses may include flight crew salaries and expenses, the costs of routine maintenance and unforeseen repairs, hangar rental, and aircraft insurance.
With the exception of the aircraft above, private jets will require at least two pilots for a safe operation. Additionally, not only are the cockpits built around having two pilots, the law requires two pilots.
Can you smoke on a private jet? The short answer is yes, although whether or not you can on a specific aircraft is determined on a case by case basis. ... If your preference is to enjoy a cigar, pipe or cigarette while you are in flight, we will arrange for an aircraft that allows smoking.
Gates is the owner of two Gulfstream G650ER private jets. ... He also owns 2 Bombardier Challenger 350 private jets through a Net Jets program.
That would be affirmative: the billionaire does indeed own his own private jet – a Gulfstream G650ER, to be precise – and uses it to fly to meetings on opposite sides of the world, from one day to the next. But Bezos didn't always own an extravagant Gulfstream, nor did he have the funds to justify the purchase.
Bill Gates has admitted to flying on a private jet to the Paris climate change summit in 2015. Green campaigners say the revelation, made in his new book on reducing carbon emissions, undermines the billionaire philanthropist's message.
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