Follow US

Private Jets

Most expensive domain name PrivateJet.com

Most expensive domain name PrivateJet

Here we will discuss about one of the biggest deals of the virtual world; the domain name http://PrivateJet.com has just been got hold by Nations Luxury Transportation, LLC from Don’t Look Media Group for a cool $30.18 million. The portal is supposed to go live by April 2012 will be a platform for Nations Luxury Transportation to offer worldwide chartering, aircraft acquisitions, and private jets for sale. If we are to follow the firm’s patented Jet-Connect Charter Bid system, then the expensive website is expected to boast of 250,000 plus unique visitors monthly in more than 52 countries, by the end of 2012.

The company is all set to aim at becoming the front runner as well as the main source for all requirements related to private jet travel for both industry professionals as well as consumers. PrivateJet.com will provide 24/7 detailed coverage of everything related to the ultra high net worth lifestyle and provide the high-flying elite clientele with regular editorials, breaking news and Private Jet Travel Specials. There are many other things offered by the firm to look forward to like creating a private jet magazine with a global events calendar.

The high-flying plans of the firm, this investment in the domain name seem like a profitable bet. With the large sum paid to acquire this domain name, other domain names which were front-runners for the most expensive domain name title have no choice but to bow out of this race.

America’s first International Luxury Fair

The Expo Luxo

Modeled on the lines of the Moscow’s famous the millionaires’ fair for the lovers of opulence, Sao Paulo in Brazil will be the face of the new luxury revolution in South America, with the first of its kind international luxury fair. To be held between November 23 and 25, this year, the event goes to show the growing economic power of the region.

The Expo Luxo as it is termed will put on display variety of latest products like luxury cars, yachts, private jets, helicopters, jewelry, watches, fashion, electronics and technology, home decor, cosmetics, real estate, spirits, gourmet goods and artwork, alongside premium services like architecture, interior design, landscaping, concierge services, private chefs and more. The event will also see exhibitions, conferences, seminars, concerts and several presentations making the event for the 35,000 plus audience interactive.

Pigeon Racing Takes Off in China

Belgian racing pigeons

The luxury companies require minimal customization in order to sell a product or service anywhere in the world. But you can depend on China to be different. With the number of rich rising dramatically in China all sorts of records are being set there in terms of pricing, but the latest news coming out of there is a bit unusual.

The new record is not about mansions, yachts, art, private jets or wine but a pigeon. A rich Chinese buyer paid $200,000 for a racing pigeon at a Belgium auction recently, setting a new world record. It is not commonly known what a racing pigeon is but the pigeon in question called Blue Prince was one of the highly pedigreed Belgian racing pigeons that have long been considered the gold standard in the pigeon racing world.

Pigeon racing has a long history in Western Europe dating back to the Romans and Charlemagne. Today we do not use them for communication as we have much more reliable technology available but simple races are held where the pigeons are launched hundreds of miles away from their home and the pigeon that comes back home first wins the race. The sport has taken off in China as it creates betting opportunities.

Leisure Takes Over Luxury

Institute's Wealth Report

In Luxury Institute’s Wealth Report that was brought out in collaboration with Resonance Consultancy, it was found out that the richest people in the world value leisurely activities more than conspicuous consumption. This seems to be trend whose rise is recent as the results for 2010 were in sharp contrast with that of 2008 in which corporate titles, Ivy League educations, cars, boats, jewelry, large homes, chauffeurs, private jets, furs, art collections and wine cellars figured prominently in what the rich desired.

Substance of Style author Virginia Postrel says: “The human need to seek approval through visible displays of our status is as primordial as ever. What may be changing, however, is how and what we choose to display.”

“The top-rated goods and experiences are reflective of primarily private pleasures and point to a strong aspiration for leisure time, which can also be conspicuous. The shift away from conspicuous consumption from goods to services and experiences can also make luxury more exclusive.”

Outfitted with a Personal Touch

Boeing 787 Dreamliner

Private jets are the ultimate personal status symbol, and like their affluent counterparts in the West and the Middle East, business leaders and the wealthy elite in China not only prefer traveling exclusively and hassle-free in their private aircraft, they are increasingly seeking customization to make their jets truly “private statements.”

As private aviation becomes more popular in the China market, corporations and high net-worth individuals are willing to spend opulent amounts to ensure that their private jets will satisfy various personal requirements and tastes. This newfound demand for bespoke aircraft interiors has resulted in an industry that is concentrating research efforts on private aircraft “completion centers”, where private jets are customized, comparable to automobile or motorcycle customization stores.

Due to the emergence and proliferation of business aircraft customization, global brands such as Versace, Edese Doret, BMW and Lufthansa Technik are creating new interior designs for business jets that are as lavish as they are functional. Eager to please, BMW Group adorned the Boeing 787 Dreamliner with a big screen theatre and a gourmet kitchen complete with a cocktail bar, complemented by two levels of living space that includes a built-in gymnasium.

Roman Abramovich's New Year bash on Caribbean resort Island of Saint Barthelemy

Roman_Abramovich.jpg

Owner of Chelsea football club, Roman Abramovich is reportedly going to hold a New Year bash for 250 people on the Caribbean resort Island of Saint Barthelemy. A fleet of private jets will be ready for guests to take them to this secluded island.

Only recently, Abramovich had purchased a 70 acre cove surrounded by hills that lead down to a beach for $86.4million.

Amenities include a swimming pool with swim-up bar, as well as an outdoor stage and cinema. Not to mention, there will also be drinks, food and performers (total budget for all this is est. at $4.8 million) to make this gala night memorable.

Two Gulfstream private jets on offer by Pfizer for $65 million

Pfizer selling two Gulfstream private jets for $65 million

The world’s largest research-based pharmaceutical company Pfizer has unveiled plans to sell two if its gulfstream jets for $65 million.

This is low as compared to what the world’s largest drug maker is expected to do. The gulfstream jets up for sale include Gulfstream V that is worth $29.25 million and the Gulfstream 550 worth $35.5 million.

According to sources, pricing for both the private jets has been reduced lately. Pfizer jets are known for matching paint jobs and great rides.

Pfizer two Gulfstream private jets to be sold for $65 million

Pfizer selling two Gulfstream private jets for $65 million

Pharmaceutical giant Pfizer has revealed that the company is selling two of its Gulfstream jets for just $65 million. It is being anticipated that the company is doing so in order to get rid of the maintenance costs. The amount doesn’t mean a lot to the world’s largest drug makers, but its a bargain for the intended buyers. Gulfstream V ($29.25million) and the Gulfstream 550 ($35.5million) are available for sale.

Luxury Living Expo 2009 to provide good deals on high-end items

Good deals on high-end items at Luxury Living Expo 2009

Are you looking for the finest cars, boats, private jets, wines, clothing, watches, housing, cigars, sports equipment, jewelry, home decor, electronics and more? If yes, then the Luxury Living Expo will prove out to be your ultimate destination. Here you can take a look at the luxury goods and services from the famous manufacturers, designers and distributors. TransWorld Exhibits, one of the world’s premier producers of independent trade shows, is all set to gather the most renowned providers of luxury goods and services together from around the world for the 2009 Luxury Living Expo (April 24 – 26) at the Donald E. Stephens Convention Center in Rosemont, IL.

Hawker Beechcraft confirms the reports of layoffs in store

Hawker Beechcraft confirms layoffs in store

Recession has badly affected the business class aviation industry. Hawker Beechcraft Corporation which is known for its high-end private jets for the business class, has reported lower net sales and an increased operating loss for the first quarter ending March 29, 2009. The has been many cancellation of the private jet orders from customers which has led to this fate of the company. Even the big corporations and elite society were forced to part with their corporate jets.‚  Net sales for the first quarter were $537.6 million, a decrease of $38.9 million compared to the same period in 2008.

More Top Stories

It is always wonderful when...

Ferrari is used to follow the...

Bulgari & Maserati are...

All new and dashing 2013 Mercedes-Benz...

There is no surprise in the...

World’s biggest 3D TV is being...