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☆ Step inside the $37 million French-made private jet that's a favorite among the wealthy elite, like John Travolta and F1 star Michael Schumacher
▼ + stars: | 2024-02-27 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +1 min

A new Falcon 2000LXS costs around $36.5 million, while a pre-owned jet costs $24 million. The cockpit of a Dassault Falcon 2000LXS. Flying on the Falcon 2000LXS for 300 hours a year amounts to around $5 million in operating costs, per Guardian Jet. On average, the jet burns some 280 gallons of fuel per hour, which amounts to $1,400 in hourly fuel costs. Both these jets cost around $24.5 million new, per Guardian Jet.

Persons: Falcon, Pratt & Whitney Organizations: Dassault Falcon, Dassault Aviation, Guardian Jet, Guardian, Pratt &, Gulfstream, Bombardier

☆ The short trips Taylor Swift's jet takes are getting mocked on social media. Some of the flights might not be what you think.
▼ + stars: | 2024-02-17 | by ( Taylor Rains | Grace Kay | ) www.businessinsider.com time to read: +5 min

Read previewTaylor Swift is getting roasted for her private jet trips — and some of them might not even be hers. Jack Sweeney, the college student known for tracking Swift and other celebrities' aircraft on social media, posted on X via the account dedicated to tracking Swift's jet: "These short flights are likely maintenance or demo flights." AdvertisementA private jet linked to Taylor Swift took two short flights on January 30. Courtesy of JetSpySwift still owns another private jet, a Dassault 7X. AdvertisementSwift has tried to mask her private jet travelsIt's far from the first time Swift has faced criticism for her jet travel.

Persons: —, Taylor Swift, Stogna, Swift, Jack Sweeney, JetSpy Swift, Louis, Van, Bob Hope, Travis Kelce, Charles B, Swift's, She's, Sweeney Organizations: Service, Business, Dassault Falcon, Federal Aviation Administration, Google, Dassault, Nashville, Bob Hope Airport, BI, Chiefs, Wheeler, Airport, PIA Locations: Stogna Bologna, @1000waystoRy, Illinois, Missouri, St, Las Vegas, Burbank , California, Nashville, Los Angeles, Van Nuys, Kansas City, Kansas

☆ 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

☆ Taylor Swift quietly downsizes to one private jet
▼ + stars: | 2024-02-06 | by ( Grace Kay | Taylor Rains | ) www.businessinsider.com time to read: +3 min

Swift has faced backlash for her private jet usage in the past. AdvertisementTaylor Swift is down to one private jet. Up until January, the pop star had two private jets: the Dassault 900 and a Dassault 7X. The Dassault 7X is still registered to Island Jet Inc., a holding company listed under the same address as Taylor Swift Productions. In 2022, Swift topped a list of celebrities with the most private jet carbon emissions.

Persons: Taylor, Swift, —, Taylor Swift, Travis Kelce, Swift's, Jack Sweeney, Sweeney Organizations: Service, Dassault Falcon, Federal Aviation, SATA, Taylor Swift Productions, FAA, Dassault, Business Jet, Dassault 7X, Island Jet Inc, BI, PIA, Washington Post Locations: Nashville, Tennessee, Missouri, Illinois, St, Louis , Missouri, Baltimore, Tokyo, Las Vegas

LAS VEGAS (AP) — If Taylor Swift is jetting from her upcoming Tokyo concert to Las Vegas to see boyfriend Travis Kelce play in the Super Bowl the next day, she'd better already have a place to park her plane. “Oh, they’re full,” said Rick Breitenfeldt, FAA spokesman for his sixth Super Bowl. Commercial airlines have added flights and the Las Vegas airport reported Wednesday it handled a record 57.6 million passengers in 2023. Due to time zone differences, if she flies out at midnight, it will be 7 a.m. Saturday in Las Vegas. Hayes said aircraft parking fees during Super Bowl weekend at Harry Reid International were unchanged from the standard rate.

Persons: Taylor Swift, Travis Kelce, she'd, Heidi Hayes, ”, Rick Breitenfeldt, Hayes, Harry Reid, Swift, Breitenfeldt, Brian McCarthy, McCarthy, John Wayne Organizations: LAS VEGAS, Super Bowl, Federal Aviation Administration, Kansas City Chiefs, San Francisco 49ers, NFL, Clark County Department of Aviation, FAA, Super, Las, Las Vegas, Harry Reid International, Henderson, Boulder City Municipal Airport, SWIFT, Dassault Falcon, Vegas, WM Phoenix, National Business Aviation Association, LIV Golf, Las Vegas Country Club, Sunday, That's, Mesquite Municipal, Laughlin, Bullhead, Jean Sport Aviation Center, Ontario International, San Bernardino International, Palm Springs, Palmdale Regional, Los Angeles International, John, John Wayne International, Long, International, Hollywood, Harry, MGM Resorts International Locations: Tokyo, Vegas, Las Vegas, Clark, U.S, North Las Vegas, Boulder, Glendale , Arizona, Phoenix, Saudi, Airports, Mesquite, Nevada, Arizona, California, Santa Ana, Burbank, Las Vegas . Phoenix, Mandalay Bay, Luxor

A look at Swift's recent travel, carbon dioxide emissions from private jets versus commercial plan and one of the most common, albeit controversial, solutions floated to address such pollution. SWIFT'S CARBON FOOTPRINTIf Swift attends the Super Bowl, she will be traveling from Tokyo, where she is on tour. Elon Musk, Bill Gates, Leonardo DiCaprio and many others have periodically gotten attention for their travel on private jets. All air travel creates emissions, though private jets produce much more per person. A 2023 study by the Institute for Policy Studies found that private jets emit at least 10 times more pollutants per passenger compared to commercial planes.

Persons: Taylor Swift’s, Travis Kelce, Swift, Gregory Keoleian, Keoleian, Julia Stein, “, Elon Musk, Bill Gates, Leonardo DiCaprio, ”, Jeff Colgan, Gates, didn't, Jonathan Foley, ” Foley Organizations: PHILADELPHIA, Kansas City Chiefs, Chiefs, Baltimore Ravens, Super, Center for Sustainable Systems, University of Michigan, Dassault, U.S . Energy Information Administration, University of California, Los Angeles School of Law, Brown University, Olympic Games, of Parties, Institute for Policy Studies, Associated Press, Washington Post Locations: Las Vegas, Tokyo, AP.org

☆ Crash reported as Russian charter flight with 6 people disappears over Afghanistan
▼ + stars: | 2024-01-21 | by ( ) www.cnbc.com time to read: +1 min

Russian aviation authorities said in a statement the plane was a charter ambulance flight traveling from India, via Uzbekistan to Moscow on a French-made Dassault Falcon 10 jet manufactured in 1978. Police in northern Afghanistan received reports of a plane crash in Badakhshan province, a provincial police spokesperson said on Sunday. India's civil aviation authority said that the plane crash was not a scheduled commercial flight or an Indian chartered aircraft and that "more details are awaited." The Afghan provincial police spokesperson said in a statement the crash had taken place overnight in a remote, mountainous region of Badakhshan in Afghanistan's far north. He said there were no confirmed details on the type of plane, cause of the crash or casualties.

Persons: OMER ABRAR Organizations: Getty Images, Dassault Falcon, Police, Afghan Locations: Fayzabad, Badakhshan province, AFP, Afghanistan, Russian, India, Uzbekistan, Moscow, Indian, Badakhshan, Afghanistan's

☆ Russian businessman and wife believed to have been on private medical evacuation flight that crashed in Afghanistan, reports say
▼ + stars: | 2024-01-21 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA Russian businessman and his wife are believed to have been on a private jet that crashed in Afghanistan during a medical evacuation, according to local reports. Russian civil aviation authorities confirmed that a Russian private jet had disappeared from radar, according to Russian news agency Tass was carrying businessman Anatoly Evsyukov, 65, and his wife Anna. Russian authorities said the Russian-registered Dassault Falcon 10 "stopped communicating and disappeared from radar screens," per the AP. Russian officials said the plane belongs to Athletic Group LLC and a private individual, according to the outlet.

Persons: —, Anatoly Evsyukov, Anna, Abdul Wahid Rayan Organizations: Service, Business, Associated Press, Transportation, Civil Aviation Ministry, Tass, Dassault Falcon, Culture Ministry, Athletic Group, AP Locations: Russian, Afghanistan, Badakhshan, Novosti, Pattaya, Thailand, Moscow, Gaya, India, Tashkent, Uzbekistan

☆ Indian Devotees Splurge on Jets, Gold Idols as Hindu Temple Opens
▼ + stars: | 2024-01-19 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +3 min

Indian Prime Minister Narendra Modi and Asia's richest man Mukesh Ambani are among the 8,000 or so attendees at Monday's inauguration event for the Ram Temple, which devotees believe is built on the birthplace of Lord Ram, a sacred Hindu deity. Officials estimate 100 private jets will descend on Jan. 22 on Ayodhya airport, filling it to capacity. Mehra did not disclose the price of the charters, but private jet booking website JetSetGo lists the price of a Mumbai-Gorakhpur flight on a Falcon 2000 jet with nine passengers on board at about $74,000. There is a waiting period of two weeks," said Baldev Singh, a manager at HS Jewellers in Lucknow city. "People are betting on economic prosperity but there's also emotional attachment to be part of the Ayodhya story."

Persons: Saurabh Sharma, Tanvi Mehta, Narendra Modi, Mukesh Ambani, Lord Ram, Modi, It's, Rajan Mehra, Mehra, Baldev Singh, Amitabh Bachchan, Abhinandan, Abhinandan Lodha, Aditya Kalra Organizations: Indian, Ram, Bharatiya Janata Party, Dassault, Reuters Locations: Tanvi Mehta AYODHYA, India, Ayodhya, Varanasi, Gorakhpur, Mumbai, Thailand, Lucknow city

☆ 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

☆ 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

☆ Inside JPMorgan's handling of Jeffrey Epstein
▼ + stars: | 2023-06-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

This is the last week of 10 Things on Wall Street. But there remains a very large blight on JPMorgan's record that has come back into the spotlight this year: Jeffrey Epstein. Insider's Kaja Whitehouse and Emmalyse Brownstein have a breakdown of JPMorgan's long, drawn-out breakup with Epstein. Read more on JPMorgan's handling of Jeffrey Epstein. The Treasury secretary isn't particularly worried about the potential for more bank mergers this year, per The Wall Street Journal.

Persons: Dan DeFrancesco, I've, I'm, we've, Goldman Sachs, Jeffrey Epstein, Rick Friedman, hasn't, Kaja Whitehouse, Emmalyse, Epstein, Kaja, Read, Janet Yellen, isn't, Moody's, Francis Bacon, We've, Jeffrey Cane, Jack Sommers Organizations: Getty, JPMorgan, Dow, Norges Bank Investment Management, CNBC, Goldman, Street, Financial Times, Sequoia Capital, FDIC, Bloomberg, Dassault Falcon, LinkedIn Locations: NYC, Cambridge, Republic, dealmaking ., New York, London

☆ See inside the Dassault Falcon 10X, a super-luxurious $75 million private jet nicknamed the 'penthouse of the skies'
▼ + stars: | 2023-06-23 | by ( Pete Syme | Taylor Rains | ) www.businessinsider.com time to read: 1 min

Dassault says the flight deck will use a digital flight control system derived from its military technology. And with its FalconEye combined vision system, the 10X "will be capable of operating in essentially zero ceiling/visibility conditions." © Dassault Aviation - V. Almansa

Persons: Almansa Organizations: Dassault, Dassault Aviation

☆ 'Our phones are ringing off the hook': Amid a global downturn, the finance world is chasing Middle Eastern money
▼ + stars: | 2023-03-09 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

The region's 10 largest sovereign wealth funds combined manage nearly $4 trillion, according to the Sovereign Wealth Fund Institute. The regional investors, especially the sovereign funds but also the families, are now much more sophisticated than before. Follow the capitalAs oil prices made a roaring comeback in the last two years, the Gulf's public wealth funds went on a spending spree. It added that GCC sovereign wealth funds "played an important role in 2020 during the Covid-19 pandemic and now again in 2022 during times of financial distress." Our phones are ringing off the hook," one manager from a UAE investment fund said, declining to be named due to professional restrictions.

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