Semi-Daily Journal Archive

The Blogspot archive of the weblog of J. Bradford DeLong, Professor of Economics and Chair of the PEIS major at U.C. Berkeley, a Research Associate of the National Bureau of Economic Research, and former Deputy Assistant Secretary of the U.S. Treasury.

Thursday, December 07, 2006

Frontiers of Consumption

Private jets:

Far From Extinct - New York Times: The 747-8 is even being sold and outfitted by Boeing as a private jet much like Air Force One, which is a 747. Each plane carries a list price of about $275 million. Boeing will not identify the customers, but many in the aviation world say the orders are probably coming from people in the Middle East who are flush with oil riches. They are historically big buyers of Boeing jets for personal use.

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