Super-rich fuelling growing demand for private jets, report finds
by Rupert Neate Wealth correspondent from on (#4T8S7)
Growth centred in US and China, with slowdown in Sweden attributed to Greta Thunberg
Almost 8,000 new private jets are expected to be bought by multinational companies and the super-rich over the next decade, each of which will burn 40 times as much carbon per passenger as regular commercial flights, according to a report by aviation firm Honeywell Aerospace.
About 690 new business jets are expected to take to the skies in 2019, a 9% increase on 2018, as businesses and the wealthy refresh their fleets with new models released by three of the world's biggest private jet manufacturers.
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