You are here

Demand for private jets takes off as prices fall

Online facilities, fleet efficiency, competition have brought down sky-high rates
Monday, May 26, 2014 - 06:00
privatejetsdemands260514.jpg
Once the preserve of the ultra-rich and celebrities, a flight on a private jet is now available for as little as 550 euros (S$939) an hour, with technology and competition helping to bring down sky-high prices - PHOTO: REUTERS

[PARIS] Once the preserve of the ultra-rich and celebrities, a flight on a private jet is now available for as little as 550 euros (S$939) an hour, with technology and competition helping to bring down sky-high prices. A growing number of firms offering such flights have emerged in recent years