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Economic Downturn

Tron Guy’s airplane listed on eBay for $23,233

Tron Guy's airplane makes a forced landing on eBay

Remember Jay Maynard? The Tron guy who bought a brand new airplane, AMD Zodiac XLi,‚ in June 2008 for $140,000? He is now selling the plane on eBay for $23,233. According to Reports, Jay was finding it hard to survive the economic downturn due to which he had to part with his dear airplane in which he has put in about 150 hours of flying time.

The customized airplane was designed to go with the Tron’s electroluminescent costume. It features a custom green-and-blue paint job and a custom interior that complements the exteriors. The two-seater sport plane boasts of seats in light gray and dark blue.

Rolls-Royce in demand despite economic downturn

Rolls-Royce on a roll despite economic downturn

Many automakers are asking for government bailouts during the financial meltdown. However, Rolls-Royce, the BMW-owned British brand is talking about its best sales in 18 years.‚  Rolls-Royce sold 1212 cars globally last year. It can be said that the most affluent are still spending money like anything on lavish rides. For the current year, Rolls-Royce sales are already up and with the arrival of a new model, the company hopes to triple sales next year. The company has also announced that it will be increasing its manufacturing workforce by 50 percent for the upcoming $700,000 Ghost sedan.

Tropical islands available for cheap prices owing to recession

Tropical islands going for cheap, thanks to global recession

If you are looking for a coral-fringed paradise retreat without burning a hole in your pocket then a number of Australian islands off the Great Barrier Reef can be the thing for you. These islands are on sale for really low prices, all thanks to the economic downturn. Nine islands are offered by the Global real estate agency Coldwell Banker’s Capricorn Coast branch, with prices starting at $1.3 million and up to $90 million. Some of these tropical islands come with luxury mansions and a few are up for grabs for almost half the price they cost one year back. You can buy the Avoid Island, off the Queensland coast for a mere $1.5 million.

Haaa!!! and Hooo!!! lamps by Philippe Starck exclusively for the uber-rich

Insanely expensive Haaa!!! and Hooo!!! lamps by Philippe Starck

Philippe Starck has designed‚  ludicrously named Haaa!!! and Hooo!!! lamps which seem to be laughing loud at the economic downturn. While the name of one big floor lamp is Haaa!!! the small table lamp is Hooo!!! Altogether five parties have collaborated with the design by Phillippe Starck, text by Jenny Holzer, the custom electronics by Moritz Waldemeyer, the crystal by Baccarat and the execution by Flos for these lamps. The prominent features of the lamp include a white LED display running along the center line of the crystal element, and the interplay between the geometric LED matrix and hand-made Baccarat crystal which turns Jenny Holzer’s text into an attention-grabbing animation. Only 9 examples of the Haaa!!! will be made available while each will come with a price tag of $119,250.‚  On the other hand, the Hooo!!! (49 examples) will set you back for $11,925.

Titanic memorial cruise offers a nostalgic journey

Titanic memorial cruise offers cruise lovers a chance to reserve a place in history

Any luxury lover would not want to miss the opportunity to be a part of a Titanic memorial cruise which is expected to departure for in April 2012. Fred Olsen Cruise Lines, whose parent company Harland and Wolff built the Titanic, has laid down this offer which is one-in-a-lifetime chance to embark on Titanic’s epic journey all over again aboard “The Balmoral” to celebrate the 100th anniversary of the sinking ship. It is expected to be a nostalgic voyage and will be carrying 1,309 passengers Å” the same number that sailed on the maiden voyage”. According to Miles Morgan, managing director of Miles Morgan Travel, the company which has chartered the Balmoral, expects the cruise to sell out quickly despite the economic downturn. The Titanic still grips the imagination of people throughout the world and this is a once-in-a-lifetime opportunity to be part of a unique cruise packed with interest for those with a fascination for the Titanic story.

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