Why Folks Still See Value in Private Jets
The US government has not spared private jet owners. But 30 percent of them still see value in flying private
Last Updated: Mar 21, 2013, 06:38 IST1 min
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President Obama recently called for the elimination of “tax breaks for private jet owners”, painting anyone who doesn’t cram themselves into 28 inches of economy leg-room as a fat-cat wastrel. Easy to say when your ride is Air Force One. But plenty of folks see the value in fl ying private: 30 percent of private jet owners say they’ll purchase a new jet in the next five years, and more than 10,000 new business jets are expected to be delivered over the next decade, at a cumulative value of $ 250 billion.
Images: Winfrey: Andrew Kelly / Reuters Chan: Aly Song / Reuters Jay-Z: Mario Anzuoni / Reuters Cruise: Mario Anzuoni / Reuters Buff ett: Jemal Countess / Getty Images Travolta: Tim Chong / Reuters San Francisco: Getty Images Super Bowl: Getty Images Airport: Andy Holzman / Los Angeles Daily News / Newscom Airbus A380: Keith Draycott / Getty Images Moon: Ros Roberts / Getty Images Clock: Getty Images
First Published: Mar 21, 2013, 06:38
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