... like whether to buy a supersonic personal jet, or just a plain old regular one:
The Texas billionaire Robert M. Bass is not the kind of guy who flies commercial. If his latest venture takes to the skies, he will not be the kind who flies subsonic either.
Mr. Bass is financing an effort to build the world’s first supersonic business jet...
Even with a minimum price of $80 million, Mr. Bass said, his needle-nose jet has drawn keen interest, which says something about the can-you-top-this exuberance of the market for private aircraft.
(Emphasis mine)
Yes, in Gilded Age II: Electric Boogaloo, price is no object for the discerning jet shopper. And the jet makers see nothing but blue skies ahead:
“These are people who are willing to pay any price,” said Richard Aboulafia, an aerospace analyst at the Teal Group in Fairfax, Va. “The top end of society is also the fastest-growing segment of society.”
Remember when it seemed shocking that CEOs were buying $15,000 umbrella stands? How far we've come in five short years...
