Ultra High Net Worth Archives

Ultra-High Net Worth private aircraft buyers under the age of 50 favor large-cabin private jets by a margin of 31 percentage points

Young Ultra-High Net Worth buyers like it big when it comes to their private jets. That’s according to a just-published market outlook for pre-owned aircraft sales by broker Jetcraft. It found 81% of buyers under 50 take large-cabin private jets compared to just 50% of older customers.

Continue reading “Young UHNWs and billionaires are powering sales of large private jets”

VistaJet recently launched a program allowing clients to pay after they fly. A Bloomberg report suggests the private jet charter company will accept your house as payment

In addition to its fleet of silver bullet Bombardier Globals with distinctive red cheat lines that can be seen at airports from New York, London, and Geneva to Aspen, Bali, and countries whose capitals you probably can’t name for, say $21,6 million, VistaJet is known for its unabashed approach to the ultra-high net worth lifestyle and innovative marketing programs.

Continue reading “Did a VistaJet client pay for private jet flights with a $21.6 million house?”