Originally Posted by
bizjetway
Only 3.5% of UHNWIs (people worth over $30M) actually own a private jet.
"Ultra high net worth individuals"? Try $300 million. $30 million is diddly squat. There's an old rule that if the operating cost of the aircraft (including depreciation) is > 5% of NET wealth, then it's really too expensive for you... The "problem" with bizjet aviation today is too many people that can barely afford it think they can do it, and the army of middlemen, salesmen, parasites to supply their "dream".....