Private jet travel, shunned in the recession as a sign of ostentation, is recovering in a further sign that the world’s richest people are spending more freely again. The number of business flights – which includes celebrity, state and business hire – grew 5.5 per cent last year, in both European and US airspace, according to figures from Eurocontrol, the air traffic management co-ordinator, and Argos International, an aviation market research company.
FINANCIAL TIMES
BUSINESS JET TRAVEL REBOUNDS AS RICH SPLASH OUT FOR PRIVACY