All posts tagged 'Private Aviation'

The 5 Most Expensive Private Jets on the Market in 2020

While multiple modes of transportation are available in the United States, business aviation ranks among the most important for companies and the affluent alike. The demand for private jets stems not only from the comfortability provided by the aircraft but also from its ability to help reach a variety of markets. Seen as more of a business tool than simply an aircraft, private jets offer a space that can easily be utilized as an office, conference room, or even a bedroom dependent on the user's needs.

Private aviation also represents one of the most luxurious modes of transportation available. Those who can afford the cost of owning and operating a jet see it as more than just an expensive aircraft, they see it as a portrayal of their social status.

From athletes to movie stars, A-list celebrities desire an A-list aircraft to travel in. The cost of this class of aircraft can range from tens of millions to hundreds of millions of dollars. And no, that does not include the cost of operating the jet.

Of course, the amenities of aircraft held to such a high standard come with a hefty price tag. Here are five of the most expensive private jets on the market.

 

 

Gulfstream G650ER  - $71 million


Courtesy of Gulfstream Aerospace

 

 

The Gulfstream G650ER boasts a price tag of $71 million. With a range of more than 7,500 nm and a striking interior made from luxurious leathers, elegant wooden veneers, and handcrafted stonework, its no surprise that Jeff Bezos, founder of Amazon, would make the G650ER his private jet of choice.

Currently, the G650ER holds the record for the farthest fastest flight in business aviation history, allowing it to set new standards for comfort, functionality, and safety. It is one of the fastest civilian aircraft in the world at its highest speed of 607 miles per hour.

The spacious cabin is also designed to be the quietest in business aviation. Sixteen panoramic oval windows fill the cabin with natural light and stunning views of the world below.

Elon Musk is a tech giant with a net worth of $41.1 billion as of 2020. Musk lives in a world surrounded by advanced technology, and he expects his G650ER to be the same. On the inside, this private just is equipped with advanced fly-by-wire technology and streamlined displays of the PlaneView II flight deck to increase safety and reduce pilot workload. The cabin is even entirely customizable and can be controlled using a smartphone app.

 

Bombardier Global 7500 - $72 million


Courtesy of Bombardier

 

The Global 7500 is one of the world’s largest and longest-range business jets on the market. Known for its luxurious interior, the Global 7500 is easily worth its price tag of $72 million.

With an industry-leading 7,700 nm range, a top speed of Mach 0.925, and exceptional short-field performance, the 7500 is practically unrivaled. If the allure of the words “ultimate long-range private jet” don’t entice you, then maybe the full dining table, luxury window seating, and private bedroom will.

Niki Lauda, a Formula 1 world champion, was one of the first to receive the Global 7500. Though a loyal client of Bombardier for many years, Lauda particularly liked the Global 7500 due to its elegant design and abundance of natural light. This jet can be hard to find, with few on the market today.

Unlike any other business jet on the market, the Global 7500 features The Nuage seats, the first new seat architecture in business aviation in almost 30 years. Designed with the intent to bring the comfort of luxury home seating into the cabin, the seat offers three key features unavailable on any other seat in business aviation: deep recline, floating base, tilting headrest.

Bombardier Pũr Air is offered on the Global 7500 with an advanced HEPA filter that captures up to 99.99% of allergens, bacteria, and viruses while completely replacing the cabin air with fresh air in as little as 90 seconds. Available exclusively on Global aircraft, Bombardier Pũr Air delivers cleaner air with better humidity and quicker heating and cooling than 100% fresh air only systems.

Bombardier’s Global 7500 has become the first in business aviation to receive an Environmental Product Declaration (EPD) from the International EPD System based in Sweden. The EPD allows for full environmental transparency about the Global 7500, such as CO2 emissions, noise, water consumption, and other environmental impact indicators. Bombardier believes this aircraft will help cut down on the environmental impact of aviation, and they’re not afraid to prove it.

 

Dassault Falcon 8X - $59 million


Courtesy of Dassault

 

The Dassault Falcon 8X is an amazingly fast aircraft, capable of flying at a speed of 0.90 Mach to a distance of 6,450 nm without refueling. Improved wing design and new powerplant make this business jet 35% more economical than any other ultra-long-haul aircraft on the market. The Falcon 8X has a suggested retail price of $59 million.

While the Falcon 8X has a lower cost than the other four aircraft on the list, there are many unique amenities on this private jet that make it one of the most expensive on the market. For instance, its unique three-engine scheme helps to shorten transoceanic routes. The 8X gets you where you are going faster.

Bill Gates, the co-founder of Microsoft, is no stranger to the world of private jets. In fact, he owns at least 3 private jets as of today. Gates just had to get his hands on the Falcon 7X, the predecessor to the 8X due to Dassault’s reputation for having the most advanced jets on the market. He’ll undoubtedly be looking for an upgrade to the 8X before long.

Offering the longest cabin in the Falcon family, the Falcon 8X will become your personal penthouse at an altitude of 41,000 ft. More than 30 stunning cabin layout options are available, each including seating areas, kitchens, crew compartments, and showers.

The latest technology is at your fingertips in the Falcon 8X with the ability to control its functionality from anywhere in the cabin through your Apple device. You can even call up a virtual moving map of any area around you by simply pointing your iPad in the desired direction.

 

Boeing Business Jet MAX 8 - $85 million


Courtesy of Boeing

 

The BBJ (Boeing Business Jet) MAX 8 is a state-of-the-art, $85 million airliner turned private jet. The interior is an astounding 1,025 square feet. That means space for you and 49 of your closest friends. The sky is the limit on the different configurations, including a master suite with a California King bed, a walk-in closet, and a master bath with a double-size shower and heated marble floors.

The BBJ MAX 8 has a range of 6,640nm and can cruise at an airspeed of 449 kn (832 km/h). Despite being larger and more capable than previous models of BBJ aircraft, the BBJ MAX has a 13% lower fuel burn and lower emissions, thanks to its CFM LEAP-1B engines and advanced winglets.

An interior cabin concept presented by Boeing for the BBJ MAX featured a ‘spaceship sleek’ design, including starlight detailing on the cabin ceiling. With the generous cabin space offered by this business jet, it allows you to create an office or home in the sky.

It's understandable why Steven Spielberg, famed film director, and producer, would choose the BBJ as his personal aircraft. With a net worth of $3.6 billion, he could easily own multiple of these private jets. However, he chooses to share ownership with fellow film producer and good friend Jeffrey Katzenberg.

While capable of offering luxurious seating for 50 people, the majority of clients opt to accommodate less. Instead, they take advantage of the space and implement board rooms, dining rooms, or master suites to get much-needed rest.

Boeing also offers a special panoramic window as an option on the BBJ MAX 8. Measuring 4.5 feet by 1.5 feet, the window allows a generous amount of natural light into the cabin, while at the same time offering beautiful views of the ground below.

 

Airbus ACJ320neo - $95 million


Courtesy of Airbus

 

Coming in at an astounding base price of $95 million, the ACJ320neo changed the game for airlines and is now making waves in the private jet industry. This private jet delivered lower operating costs and increased efficiency than previous Airbus A320 models. New engines and aerodynamically friendly sharklet wingtips aid in reducing fuel consumption and providing additional range.

Considering it has the widest and tallest cabin in the industry at 3 times the space of a large traditional jet, it only makes sense that the elite of the elite would seek out this aircraft for business use.

With private jet owners spending many hours on the aircraft, they must find time to relax during the flight. Airbus offers the Melody Cabin, focusing on providing an attractive environment that is both quieter and better adapted to providing sound and vision in a “home cinema” setting.

What truly sets the ACJ320neo apart from the commercial model is right within the name, with “Neo” being an acronym for new engine option. These new engine options include the Pratt & Whitney PW1100G-JM and the CFM International LEAP-1A.

The ACJ320neo’s head of state, VIP interior can seat 25 passengers and 6 crew with an approximate range of 6,000nm, connecting city pairs such as London and Beijing as well as Moscow and Los Angeles.

 

These private jets were created with the elite in mind. Across the world, they represent wealth and power to socialites and business owners alike. Functioning as more than just a mode of transportation, these aircraft act as apartments, offices, entertainment spaces, and more for the wealthy. Needless to say, it’s expensive to be rich.

So You Think You Want To Be A Pilot: The International Corporate Pilot

    On the thirtieth day of March, in 1984, a Palestinian leader comfortably traveled from Tunis, Tunisia on to Conakry, Guinea in a private Gulfstream jet. The Palestinian leader plans to attend a funeral ceremony to pay respects to the recently deceased Guinean president, Ahmed Sekou Toure. The Gulfstream jet made its way from Tunis all the way to the Conakry Airport and was near final approach to land before ever encountering any error.

    Somewhere around five thousand feet on the decent, the captain of the Gulfstream aircraft became aware of an immensely overflowing pattern. At that point, the Gulfstream pilot had no choice but to hold in the pattern, this lasted for nearly an hour. Suddenly, the president of Nigeria entered the pattern from some thirty-five hundred feet in a 707 aircraft and he was not stopping. “Nigeria is landing, NOW” the 707 calls out! At this point, the air traffic control tower lost all control of the small runway and in mere moments the airport became amidst in utter chaos. The Pilot of the Gulfstream jet was rapidly running out of options and fuel, as he made an abrupt but necessary executive decision. The Gulfstream simply could not wade through this mess any longer; they would have to make an attempt to land and refuel elsewhere. The nearest FBO was located approximately 90 miles Southeast of Conakry, in a place called Freetown, located in Sierra Leone. The Gulfstream pilot immediately diverted his aircraft to Freetown, and upon arrival he was given the approval to land. On final approach however, his passengers demanded that he hold back and change course. “We cannot land here” said one of the Palestinian guards. His voice is stern and he was not budging, the pilot and his copilot, unsure as why they were unable to land in this town, had to come up with another plan. They MUST land somewhere or they were sure to deplete of fuel completely. The Gulfstream jet has no choice but to around, backtracking the 90 miles northwest to the Conakry airport.

    Upon returning back to the Conakry airport the pilots were less than enthused to learn that the FBO had completely sold out of fuel and the FBO would remain out of service until sometime around midnight. At this point, the Gulfstream crew had been on duty for thirty hours, they were completely exhausted and they had yet another flight to make prior to their shift ending. Once The Gulfstream was able to be refueled and serviced the crew made their way to Casablanca where the airplane was finally shut down and the crew was able to rest. “Think that sounds like fun? Because I certainly do! “

     As a small child, we all have dreams. Children are adventurous and fascinated by the world, developing new questions and ideas every single day. Unfortunately, the things we dream of most as children rarely last the entirety of our lives. The things you wanted most are likely to change with age and wisdom and what you thought you wanted to become when you were grown had a tendency to change. This however, was not the case for the strong pilot in charge of the Palestinian leader’s Gulfstream jet. The pilot in command of that particular ship was a man by the name of Gregory Hundrup. As a young boy, Greg would look up into the sky whenever he would dream of his future. As a child his very favorite television show was “Sky King” and as far back as Greg can remember he says that he knew one thing for certain and that was his love for airplanes; they fascinated him. He knew, even as a child that he was willing to do whatever it would take to become a pilot; and that is exactly what he did.

     Greg started flying while he was still in high school. Working a part time job in a machine shop, he saved every penny he made and spent them all on flying lessons. In less than one year Greg was able to successfully pass his check ride and in 1967 Greg received his private pilot’s license. Once he graduated from high school in 1970, Greg joined the military, where he worked as an air traffic controller. In 1975, Greg completed his time as an active duty soldier and began working full time as a flight instructor in Dothan, Alabama. In 1977 Greg retired from instruction and took a job flying the co-pilot’s seat of a Learjet 25 for a private charter company.

     Some three years later, Greg stumbled across an advertisement inquiring for a Gulfstream pilot in Saudi Arabia, thinking it was surely a longshot, he applied anyway. “Go big or go home, right?” Greg applied and Greg got it! He was in the big leagues now, hired on as a first officer. Greg Moved to Saudi Arabia and flew the captain’s seat for ten years, then one day, Greg decided to make a career change. He then jumped ship and began flying in Southeast Asia for a family owned flight department where he flew for yet another ten years. Finally, in 2000, Greg went to work for a company known as Franklin Templeton Investments where his job was and still is to fly the company’s international fund manager around the world in search of investment opportunities. The company caters to four individual pilots specifically, and together they make up the fund manager’s personal flight crew, trading on and off shifts every twenty-one days. This means that Greg routinely flies a Gulfstream jet around the entire world for twenty-one days; then he is sent home via airline for another twenty-one days of rest.

    Imagine taking a day trip to Switzerland, then on to dinner in Paris, France; traveling throughout Europe in a week’s time, then on to the Far East for the following weekend. Greg’s life rapidly whips and turns him all the way around the globe; frequently taking trips through multiple countries in a single day. The countries that Greg sees on a daily basis are often places that an average person could never even dream of visiting. Interesting thought; although Europe fascinates me (personally) the most, Greg stated that his favorite part of the world is the Far East. He enjoys the friendly, warm and inviting people of Thailand; the seemingly spotless and safe, international city of Singapore; the lovely and tropical countryside of the Philippines; as well as the variety, shopping and Chinese cuisine in Hong Kong.

    Living this life sounds extravagant and surreal to me; upon asking Greg how he feels about his career, I received the perfect and most ideal answer imaginable. Greg loves his career. Throughout his endeavors, aviation has brought many great things into Greg’s life, including fantastic benefits, a rewarding salary, close friendships and even a loving wife. I asked Greg if he had a “least favorite” thing about his career as an international corporate jet pilot and his answers were “Africa, Russia and India.” (I found that comical.) It is my understanding that the air traffic controllers are less than easy to communicate English with in some of these places; specifically places where Portuguese is the primary language. Fortunately, at the end of the day, all is great on Greg’s end. He had absolutely no complaints regarding his career and that was stand-out fabulous for me to hear! C’mon, how many people do you know that are excited to get up and go to work each day?

    Greg’s twenty-one days in the air are of course followed by twenty-one days on the ground. When Greg is on what he refers to as his “holiday,” he resides at home with his adoring and ever so patient wife in small-town, East Washington State. This is also the place he calls home for his personal Cessna 210 aircraft that he flies recreationally with friends and family.

    Greg’s career is mind blowing to me. Just think, he has adventured completely around the world and then back again; says his company typically travels to an average seventy countries per year and will cruise the entire world in a matter of two-hundred days. We’re not finished yet though pilots, if you’ve got the story, I’ve got the skills. Just sent me an email to email to [email protected]. I’d love to hear from you!

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