$100 Million Boeing Business Jet [The Royal Jet]

Financial markets got off to a rocky start this year, with oil prices falling and uncertainty over the direction of the global economy in focus.

The impact was felt by Steve Varsano, founder of The Jet Business, a private plane dealership in London.

“The way the year started off there was mayhem in the financial markets in January and February and that caused a lot of hesitation in a lot of markets, not just aviation. And on top of that with such a low price of oil, countries, and companies that were oil-dependent entities, they started to pull back,” Varsano explained.

But things have begun to turn around amid a price correction in the jet market.

“We are busier than we have ever been, we have more deal flow than ever, in the last couple of months it has started picking up,” Varsano told CNBC.

So if you’re looking to go value shopping for a private jet and have a few million dollars lying around, The Jet Business has put together a list of the most expensive private planes for CNBC to help you.

Boeing Business Jets is a family of planes with the most expensive costing around $65 million and going up to around $100 million by the time it has been customized.

It is considered the top end of the private jet market and typically used by heads of state, sports teams or music stars, Varsano said, adding that the biggest contingent of these jets is bought by Middle East buyers.

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100 Million Boeing Business Jet The Royal Jet
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