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posted on 17 March 2017

Where Private Jet Ownership Is Soaring

from Statista.com

-- 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.

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