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Why young billionaires want bigger jets than ever in 2021

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telegraph.co.uk

Jetcraft, an international leader in private jet sales."If you are a tech entrepreneur or CEO who has been successful at a young age, you're more likely to buy a large jet because it fits with your lifestyle and the global nature of your business,” says Jetcraft Owner Jahid Fazal-Karim. “You may have a home in Italy and an office in California so need a long-range aircraft to make the non-stop journey between the two.”Luxury and private jet charter service Luxaviation has also seen bookings of bigger jets capable of taking ten or more passengers in the UK double – from 30% last winter to 60% so far this winter.

This increase also reflects the fact that so many short haul destinations have been off-limits, especially the traditional ski.

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