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A $300 Million Private Plane

Tuesday, February 20th, 2007

Just when you start thinking there must surely be a limit to how much money the super-rich have to burn, a story comes along to show us differently. Apparently the world’s largest jet will not go into commercial use, but is being bought by an unnamed Middle Eastern head of state. For $300 million. That doesn’t even include the interior, which will cost an estimated $100 million to $150 million more. Here’s the article, One “World’s Biggest Jet” Please.
Just for comparison, the total tab is higher than any yacht ever built and over three times the price of any house on the market anywhere in the world. Oh, but they are figuring out how to include a screening room and a whirlpool tub at least.

Just one little hitch: the thing is too big to land at anything less than a major airport. So they can forget the private airstrips and high-end ski resort towns.

Posted in Extravagance, Luxury goods | No Comments »

Does “Luxury” Still Mean Something?

Sunday, February 4th, 2007

On this site we try to bring attention to the superlative experiences and hotels. We use the word luxury in its true sense, but admit that it’s an easy word to abuse.

A car review article in the Wall Street Journal this past Friday summed it up well.

“Does ‘luxury’ mean anything anymore? Overused by marketers of virtually every sort of consumer product, the term has been so abused by automakers lately that legendary General Motors chairman Alfred Sloan must be turning in his grave.”

Incidentally, the car being called a “luxury vehicle” was a ho-hum, gas-guzzling monster known as the Chrysler Aspen. It comes with sloppy steering and gas mileage that the reviewer found to be less than 13 miles per gallon. If we’re going to contribute that heavily to global warming, let’s at least do it behind the wheel of something special. Like a Rolls-Royce limo.

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