econintersect .com

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.

posted on 17 March 2017

Where Private Jet Ownership Is Soaring


-- this post authored by Niall McCarthy

Among the world's super-rich, yachts and sports cares are some of the most sought-after status symbols.

However, nothing says "welcome to the big time" more than owning your very own private jet. Despite their high pricetag (a Gulfstream 450 costs about $41 million), luxury jet registrations have been booming across the world. According to Knight Frank's 2017 Wealth Report, Belarus had the highest growth rate in ownership with its pool of jets rising 1,300 percent. Despte that seemingly impressive growth there are only 13 jets registered in the Eastern European nation compared to just one in 2006.

China added 215 jets to its list of registrations over the past 10 years, equating to a 347 percent increase and a grand total of 277 aircraft. Those numbers may seem impressive but China and all other nations still have some serious catching up to do. The United States only increased its private jet registrations by a mere 34 percent since 2006 but it has a whopping 12,717 private jets registered to owners. Mexico comes second globally with 950 registrations while Brazil trounfs off the top-three with 786.

This chart shows top countries by private jet ownership (2016) and ownership growth (2006 to 2016).

Infographic: Where Private Jet Ownership Is Soaring | Statista You will find more statistics at Statista.

>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical News Post Listing

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

Econintersect Contributors

Print this page or create a PDF file of this page
Print Friendly and PDF

The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.

Keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Middle East / Africa
USA Government

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved