Saturday, February 17, 2007

A private jet for mere hundreds of millions

Frank, Robert and Daniel Michaels. 2007. "One 'World's Biggest Jet,'
Please: Airbus to Sell Giant A380 to a VIP Customer; $300 Million,
Interior Extra." Wall Street Journal (16 February): p. W 1.
"Now an individual customer is raising the bar, signing up for the
largest passenger plane in history. European jet builder Airbus has
signed a letter of intent with a Middle East buyer for one of its new
A380s, which sell for about $300 million, according to John Leahy,
Airbus's chief commercial officer for customers. Commercial versions
of this plane can be configured to seat as many as 853 passengers on
two decks. But this buyer, whom Airbus declined to identify, will
spend an additional $100 million to turn the craft into a more
exclusive conveyance Airbus calls The Flying Palace."
"New York-based jet-interior expert Edése Doret says he is designing
the A380 for the customer, who he says is a head of state. While the
jet hasn't yet been built -- Airbus is as much as two years behind
schedule for the A380 -- Mr. Doret says his plan includes two dining
areas, a 600-plus-square-foot master bedroom and a game room. His
plans also call for a lounge with giant curtains that will mimic tents
of the Arabian desert, and a fiber-optic mosaic that will depict a
shifting desert scene. Mr. Doret says he is including a whirlpool tub,
believed to be the first in the air. To comply with Federal Aviation
Administration regulations, the tub will have a rapid drainage system
that can empty the standing water in seconds to a tank in the cargo
hold. The plane is also slated to include a missile-defense system, he
says."
"Being says the majority of private buyers for new planes are from the
Middle East, but that Americans, Europeans, Russians and Asians are
also starting to place orders. The company says seven of its orders
from private customers are for Dreamliners, and the other four are for
747-8s, the planned update to its storied jumbo jet."

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