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☆ VistaJet, a private jet charter firm used by F1 drivers and popstars, launched a wellness program. See how the elite fly on its $75 million Global 7500.
▼ + stars: | 2024-03-24 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

Read previewVistaJet, arguably the most famous private jet charter company, is launching a new wellness program. Business Insider attended a media event and toured its largest airplane, learning how VistaJet helps wealthy passengers fly in luxury. This story is available exclusively to Business Insider subscribers. During The Eras Tour, Swift also seemingly flew on one of VistaJet's Global 7500s — the model on display at the media event. The Global 7500 is the largest purpose-built business jet on the market.

Persons: —, VistaJet, Charles Leclerc, Taylor Swift, Swift, Flightradar24 Organizations: Service, Business, Formula, Ferrari, VistaJet, Super, Bombardier Locations: Tokyo, California

☆ The Cessna CitationJet family was the most popular private aircraft in the US for 2023. See all the varying models that make it so desirable.
▼ + stars: | 2024-02-29 | by ( Taylor Rains | ) www.businessinsider.com time to read: +1 min

The Cessna CitationJet was the most popular private plane in the US in 2023, according to JetSpy. The ultra-rich prefer private aviation for its convenience and the variety of aircraft available. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. However, Textron Aviation's family of Cessna CitationJet aircraft proved to be the most popular in the US last year, performing a collective 273,522 flights in 2023, according to data from the aircraft-tracking website JetSpy. AdvertisementHere's a closer look at the CitationJet series, which all offer varying ranges, speeds, and cabins to suit the needs of rich flyers.

Persons: — Organizations: Cessna, Service, Bombardier Global, Textron Locations: Sun

☆ How Las Vegas airports are bracing for an influx of private jets for the Super Bowl
▼ + stars: | 2024-02-07 | by ( Taylor Rains | Grace Kay | ) www.businessinsider.com time to read: +6 min

Some 330,000 people are expected to visit Las Vegas this weekend as the Kansas City Chiefs take on the San Francisco 49ers in Super Bowl LVIII. AdvertisementThese include Sin City's main Harry Reid International Airport, as well as Henderson Executive Airport, North Las Vegas Airport, and Boulder City Airport in the suburbs. Speaking to the Henderson and North Las Vegas airports, Hayes told BI there are about 1,100 slots across the two. According to the agency, Super Bowl parking spot reservations are handed by aircraft service stations known as fixed-based operators, or FBOs. AdvertisementRepresentatives for Swift did not immediately respond to comment from BI regarding her planned Super Bowl travels.

Persons: Heidi Hayes, City's, Harry Reid, Henderson, Hayes, Leona Qi, Jim Segrave, LIV, Breitenfeldt, Ross D, Niall Mulcahy, Mulcahy, Taylor Swift, Travis Kelce, Swift, hasn't, Qi Organizations: Las, Kansas City Chiefs, San Francisco 49ers, Clark, Clark County Department of Aviation, Federal Aviation Administration, Super, National Football League, FAA, NFL, Harry Reid International Airport, Henderson Executive Airport, North Las Vegas Airport, Boulder City Airport, Flexjet, Private, Associated Press, WM Phoenix, Super Bowl, Scottsdale Airport, Franklin, Signature Aviation, Dassault Falcon, Dassault, Bombardier Global, Gulfstream, Bombardier Locations: Las Vegas, Clark County, Vegas, North, North Las Vegas, Los Angeles, Glendale , Arizona, Arizona, Tokyo, Missouri, Baltimore, Nashville

☆ Even the wealthy will have to pay extra for parking at the Super Bowl — at least for their private jets
▼ + stars: | 2024-02-07 | by ( Taylor Rains | Grace Kay | ) www.businessinsider.com time to read: +7 min

Hundreds of private jets are expected to flood Las Vegas this weekend for Super Bowl LVIII. According to the agency, Super Bowl parking spot reservations are handed by aircraft service stations known as fixed-based operators, or FBOs. Scottsdale Airport in Arizona saw a deluge of private jets ahead of the Super Bowl in 2023. Wealthy flyers will also use private charter companies like flyExclusive and VistaJet to schedule a drop-off and pick-up before and after the Super Bowl. AdvertisementRepresentatives for Swift did not immediately respond to comment from BI regarding her planned Super Bowl travels.

Persons: Taylor, —, Heidi Hayes, City's, Harry Reid, Henderson, Hayes, Leona Qi, Jim Segrave, LIV, Breitenfeldt, Ross D, Niall Mulcahy, Mulcahy, Taylor Swift, Travis Kelce, Swift, hasn't, Qi Organizations: Service, Las, Kansas City Chiefs, San Francisco 49ers, Clark, Clark County Department of Aviation, Federal Aviation Administration, Super, National Football League, FAA, NFL, Harry Reid International Airport, Henderson Executive Airport, North Las Vegas Airport, Boulder City Airport, Flexjet, Private, Associated Press, WM Phoenix, Super Bowl, Scottsdale Airport, Franklin, Signature Aviation, Dassault Falcon, Dassault, Bombardier Global, Gulfstream, Bombardier Locations: Vegas, Tokyo, Las Vegas, Clark County, North, North Las Vegas, Los Angeles, Glendale , Arizona, Arizona, Missouri, Baltimore, Nashville

☆ UBS sold a Credit Suisse private jet that was used by its ex-chair to fly to Wimbledon and the Euros, breaking COVID rules — and the Maldives for a family vacation
▼ + stars: | 2023-12-04 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

A former Credit Suisse chair used the bank's private jet to breach COVID restrictions. AdvertisementUBS has sold the Credit Suisse private jet that prompted its ex-chairman's resignation after just nine months, according to the Financial Times. António Horta-Osório used the bank's Dassault Falcon 7X to travel to sports matches and breach COVID travel restrictions, an internal investigation found. A used Falcon 7X typically sells for around $18 million, according to listings on AV Buyer. The FT reported that Credit Suisse planned to sell its jet before being rescued by UBS earlier this year, but UBS executives pushed through the sale.

Persons: deplaning, —, António, Osório, deplaned, Dan Kitwood, Taylor Swift Organizations: Credit Suisse, Dassault Falcon, Service, UBS, Financial Times, Wimbledon, soccer's, Reuters, FT, Bombardier Global, Business Locations: Maldives, António Horta, London, Horta, Singapore, Zurich

☆ Private jets of Russian oligarchs keep flying but not to Europe
▼ + stars: | 2023-11-09 | by ( Gleb Stolyarov | ) www.reuters.com time to read: +7 min

A view shows the Boeing 737-700 BBJ (plane number RA-73890) private aircraft on the tarmac of the Pulkovo International Airport in Saint Petersburg, Russia, June 14, 2023. The Boeing linked to Yevtushenkov was among at least 50 private jets re-registered under the Russian flag since the February 2022 invasion, according to previously unreported national aircraft registry data up to early August reviewed by Reuters. Several of the repatriated private jets were associated with prominent politicians and business figures, according to two senior Russian aviation industry sources, who were not authorised to speak to the media and spoke on condition of anonymity. Because of sanctions, Russian planes are prohibited from entering the 27-country European Union, where Russia's oligarchs previously flew frequently for business and leisure and where many private jets linked to them were registered before the war, tail numbers show. VEB, Uralkali and Mazepin did not respond to requests for comment on the registration of the jets in Russia.

Persons: Luba, Vladimir Yevtushenkov, Yevtushenkov, Vladimir Putin, Dmitry Mazepin, Putin, Igor Shuvalov, Mazepin, Gleb Stolyarov, Mike Collett, White, Frank Jack Daniel Our Organizations: Boeing, Pulkovo, REUTERS, Soviet, Reuters, Sistema, Ministry, Transport, JETS, Russian, Union, Bombardier Challenger, Uralkali, Bombardier, VEB.RF, VEB, EU, United Arab, Thomson Locations: Saint Petersburg, Russia, Riviera, Belarus, oligarch, Ukraine, Turkey, Dubai, China, Russian, Maldives, Seychelles, Kyrgyzstan, Kazakhstan, Yevtushenkov, United Kingdom, Aruba, of, Uralkali, UAE, Prague, Bishkek, States, Germany, Luxembourg, Switzerland, Croatia, Czech Republic, France, Italy, United Arab Emirates, Latvia, Britain, Oman, Soviet

☆ The fastest private jets in the world ranked by speed
▼ + stars: | 2023-10-08 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

The Bombardier Global 8000 is poised to become the world's new fastest private jet come 2025. AdvertisementAdvertisementHere are some of the fastest private jets in the world — with one actually exceeding Mach 1 during a test flight. The G280 and G400 siblings have a maximum operating speed of Mach 0.85 and 0.90, respectively — making the latter also one of the world's fastest private jets. Dassault Falcon 10X: Mach 0.925 (710 mph)Dassault Aviation's new Falcon 10X private jet is scheduled to debut in 2025. Bombardier Global 8000: Mach 0.94 (721 mph)Private charter company NetJets will be the launch customer of the Global 8000.

Persons: —, they're, Dominique Boutin, Taylor Swift, Mike Fuchslocher, FlightGlobal Organizations: Bombardier Global, Manufacturers, Service, Boeing, Dassault Falcon, Getty, Dassault 7X, Bombardier, Gulfstream, Dassault, Falcon, Dassault Aviation, Gulfstream G700, Gulfstream Gulfstream, Qatar Airways Executive, —, Paris Air Show, Cessna, Textron Aviation, Private, Galactic's Locations: Concord

☆ A pair of Bahamian private jets said to be funded by a 'handshake deal' with Sam Bankman-Fried are set to be confiscated by the US government
▼ + stars: | 2023-10-06 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Prosecutors said Wednesday that two private jets linked to Sam Bankman-Fried are subject to forfeiture. FTX loaned a Bahamian jet charter company $28.4 million to buy the planes, Insider reported. AdvertisementAdvertisementTwo private jets linked to Sam Bankman-Fried are set to be confiscated by the US government, according to a forfeiture bill filed Wednesday. The court filing says he tried to sell the Global to help repay the loan, before the US Marshals Service seized it in February. Bankman-Fried, nor any other FTX executives, ever flew on the Global or Embraer, a person familiar with the situation previously told Insider.

Persons: Sam Bankman, FTX, —, Damian Williams, Paul Aranha, Fried, Aranha, SBF's Organizations: Service, Bombardier Global, Embraer, EMB, Capital, IAC, Air Capital, Trans Island Airways, Global, US Marshals Service, Cessna Locations: Bahamian, Delaware, FTX, Florida, Bahamas

☆ Sam Bankman-Fried took 21 private jet trips to and from Washington, and chartered Cessnas to transport Amazon packages to FTX HQ, sources say
▼ + stars: | 2023-09-30 | by ( Pete Syme | ) www.businessinsider.com time to read: +5 min

FTX spent $15 million on flights and plane upgrades with a charter airline, a court filing said. Bankman-Fried made 21 trips to or from Washington, DC, on a Learjet 60, a person with direct knowledge told Insider. AdvertisementAdvertisementSam Bankman-Fried and FTX frequently chartered private jets from a Bahamian company called Trans Island Airways (TIA), three people familiar with the matter told Insider. They added that each trip cost between $20,000 and $30,000, which means the Learjet flights alone could cost more than $1 million. AdvertisementAdvertisementProsecutors allege that Bankman-Fried orchestrated a scheme that involved funneling $100 million of FTX funds through executives to politicians .

Persons: FTX, Fried, —, Sam Bankman, Joe Bankman, Jerome Powell, Martin, Ryan Salame, Bankman, Michael Lewis, Lewis, Sam, Ryan, Sam's Organizations: Service, Trans Island Airways, TIA, Amazon, Bombardier Global, Embraer ERJ, Trans, Airways, Prosecutors, Capitol, Yorker, New York Times, Federal, Learjet, Bankman, TIA's, Cessna, Fort, Fort Lauderdale Executive Airport, Twitter Locations: Washington, DC, Florida, Bahamas, Caribbean, New York, Chicago, Fort Lauderdale

☆ See the private jets a Bahamian aviation firm says Sam Bankman-Fried and FTX funded with a $28 million handshake deal, which are now at the center of a 3-way ownership battle
▼ + stars: | 2023-09-22 | by ( Pete Syme | Taylor Rains | ) www.businessinsider.com time to read: +5 min

FTX loaned $28 million to a private jet company to finance its purchase of two jets, a court filing says. One of them has been in government custody since February, while the FTX Debtors claimed ownership of the planes in August. AdvertisementAdvertisementThursday's court filing says IAC received the loan after a "handshake deal" between Aranha and Bankman-Fried. It wasn't until August 7 that the FTX Debtors claimed ownership of the planes, the filing says. This is not the first time FTX Debtors have tried to get back assets.

Persons: FTX, SBF's, Sam Bankman, Fried's FTX, Paul Aranha, Fried, Aranha, Shaquille O'Neal, Stephen Curry, Naomi Osaka Organizations: Service, Bahamian, Court, Bombardier Global, Embraer, Island Air, IAC, Trans Island Airways, FTX Ventures, Trans, Airways, TIA, Bombardier, Global, US Marshals Service, Bradley International Locations: Wall, Silicon, Delaware, Connecticut

☆ See the private jets a Bahamian aviation firm says Sam Bankman-Fried and FTX funded with a $28 million handshake deal, and are now at the center of a 3-way ownership battle
▼ + stars: | 2023-09-22 | by ( Pete Syme | Taylor Rains | ) www.businessinsider.com time to read: +5 min

☆ Bombardier quarterly profit beats estimates on demand for business jets
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Christinne Muschi/File PhotoMONTREAL, Aug 3 (Reuters) - Canada's Bombardier Inc (BBDb.TO) on Thursday reported better-than-expected quarterly profit and higher revenue despite supply chain pressures, helped by demand for flying and maintaining private planes. The Montreal-headquartered business jet maker reported a second-quarter profit of $10 million from continuing operations, compared with a loss of $109 million a year earlier. CEO Eric Martel told analysts that despite "pressure points" such as smaller suppliers, the supply chain is improving and will "remain a key area of focus for the foreseeable quarters". Last month, Gulfstream jet maker Textron Inc (TXT.N) raised its full-year profit forecast on strong jet pricing. On a per share basis, quarterly adjusted profit was 72 cents, compared with a loss of 48 cents a year earlier.

Persons: Christinne, Eric Martel, Refinitiv, Allison Lampert, Abhijith, Saumyadeb Chakrabarty, Jan Harvey Organizations: Bombardier Global, REUTERS, MONTREAL, Bombardier Inc, Gulfstream, Textron Inc, Bombardier, Thomson Locations: Montreal, Quebec, Canada, Bengaluru

☆ Private jets are descending on a small-town airport as the 'summer camp for billionaires' kicks off
▼ + stars: | 2023-07-11 | by ( Grace Kay | Taylor Rains | ) www.businessinsider.com time to read: +4 min

Private jets are already arriving in Sun Valley, Idaho ahead of the "summer camp for billionaires." Private jets have already begun piling up outside of small town Sun Valley, Idaho as some of the world's most powerful people head to Allen & Co's annual conference — also known as "summer camp for billionaires." Since Tuesday morning, over 40 private jets have flown through the nearby Friedman Memorial Airport ahead of the conference, with at least another 100 scheduled to arrive throughout the day, according to FlightAware. In 2021, the airport was so swamped with private jets that the FAA had to delay incoming flights until traffic dropped. Amazon founder Jeff Bezos and OpenAI CEO Sam Altman are expected to attend the event, according to Bloomberg.

Persons: Bill Gates, Jeff Bezos, Mark Zuckerberg, —, Drew Angerer, Tim Cook —, Louis Vuitton, Bernard Arnault, Chris Pomeroy, he's, Pomeroy, Sam Altman, Bob Iger Organizations: Private, Allen, Friedman, Federal Aviation Administration, FAA, Nike, The New York Times, Staff, Getty, Embraer, Cessna, Bombardier Global, Apple, Sun, Friedman Memorial Airport, New York Times, The Washington Post, ABC, Amazon, Bloomberg, Disney, Variety Locations: Sun Valley , Idaho, Valley , Idaho, Friedman, Sun Valley

☆ The Smearing of Clarence Thomas
▼ + stars: | 2023-04-08 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

The left’s assault on the Supreme Court is continuing, and the latest front is the news that Justice Clarence Thomas has a rich friend who has hosted the Justice on his private plane, his yacht, and his vacation resort. That’s the story. Yet this non-bombshell has triggered breathless claims that the Court must be investigated, and that Justice Thomas must resign or be impeached. ***ProPublica, a left-leaning website, kicked off the fun with a report Thursday that Justice Thomas has a longtime friendship with Harlan Crow , a wealthy Texas real-estate developer. The intrepid reporters roamed far and wide to discover that the Justice has sometimes traveled on Mr. Crow’s “Bombardier Global 5000 jet” and that each summer the Justice and his wife spend a vacation week at Mr. Crow’s place in the Adirondacks.

☆ Clarence Thomas said he loves RVs and Walmarts in a documentary financed by the billionaire who was taking him on luxury vacations
▼ + stars: | 2023-04-06 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +3 min

Supreme Court Justice Clarence Thomas once said in a documentary that he prefers RV parks and Walmarts. A new ProPublica report found Thomas has been taking luxury vacations paid for by a GOP megadonor for years. A Supreme Court spokesperson did not immediately respond to requests for comment by Insider on Thursday. "Justice Thomas and Ginni never asked for any of this hospitality," Crow said. "We have never asked about a pending or lower court case, and Justice Thomas has never discussed one, and we have never sought to influence Justice Thomas on any legal or political issue," said Crow.

☆ Clarence Thomas secretly went on lavish vacations in luxury jets and superyachts paid for by a GOP megadonor, report reveals
▼ + stars: | 2023-04-06 | by ( Natalie Musumeci | Oma Seddiq | ) www.businessinsider.com time to read: +5 min

A ProPublica report found Clarence Thomas has been taking vacations paid for by a GOP megadonor. A Supreme Court spokesperson did not immediately respond to Insider's request for comment on Thursday. "Justice Thomas and Ginni never asked for any of this hospitality," Crow said. "We have never asked about a pending or lower court case, and Justice Thomas has never discussed one, and we have never sought to influence Justice Thomas on any legal or political issue," he added. And unlike the rest of the federal judiciary, the Supreme Court is not bound by a code of conduct.

☆ Bombardier jet deliveries to rise in 2023 on private flying boost
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +2 min

[1/2] An attendee exits the Bombardier Global 6500 business jet at the National Business Aviation Association (NBAA) exhibition in Las Vegas, Nevada, U.S. October 21, 2019. REUTERS/David Becker/File PhotoFeb 9 (Reuters) - Canada's Bombardier Inc (BBDb.TO) on Thursday forecast higher business jet deliveries for 2023, after strong demand for private flying drove its quarterly results above expectations despite persistent supply-chain snags. Cessna jet maker Textron Inc (TXT.N) had also offered a strong 2023 forecast last month. It forecast 2023 revenue of more than $7.6 billion, compared with estimates of $7.69 billion, according to Refinitiv data. Free cash flow is expected to be over $250 million, compared with last year's $735 million.

☆ I flew on a private jet to Miami and on Spirit Airlines back to New York. Here's how my $92 flight compared to a Bombardier Global 7500 which can cost $20,000 an hour to charter.
▼ + stars: | 2023-01-06 | by ( Taylor Rains | ) www.businessinsider.com time to read: 1 min

At the end of the day, obviously flying private would be a preferred method of travel. But, most people are happy earning status on their favorite mainline airline or flying as cheaply as they can on a low-cost carrier. My preferred airlines are United and Delta for status, reliability, and comfort. On The Run Photo/ShutterstockI flew on Delta's Boeing 767 from Sweden to New York in economy and it was the best transatlantic flight I've taken in a long time

☆ I flew on a $75 million Bombardier Global 7500 private jet from Miami to New Jersey and saw why the ultra-wealthy love the plane
▼ + stars: | 2022-11-06 | by ( Taylor Rains | ) www.businessinsider.com time to read: 1 min

"They may be related to one another in some way, such as being employed by the same company or on the same sports team, and so the risk that one passenger would endanger the others appeared to be low," the agency said in a 2002 final rule. A TSA agent at LAX. Brady MacDonald/InsiderSource: TSA

☆ The billionaire CEO of LVMH sold his private jet to stop people from tracking it on Twitter. Take a look inside the jet, which costs around $73 million.
▼ + stars: | 2022-10-20 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +1 min

He sold LVMH's private jet after thousands of people starting tracking the plane on Twitter. LVMH CEO Bernard Arnault on board his private jet between Beijing and Shanghai. Marc DEVILLE/Gamma-Rapho via Getty ImagesIn an October interview with Radio Classique, Arnault — who is worth almost $150 billion — said LVMH had sold its private jet. According to a 2019 report by Forbes, Arnault traveled in the private jet at least once a month. Take a look inside the Canada-made jet, which is the largest business jet currently on the market.

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