Dec

30

I live in a place where the rich and famous like to have second homes and take vacations. Each year around this time I like to do a hand count of the private jets lined up on the runway. This year there were 78, which the capacity, and the overflow goes to Maui or Oahu. More were on their way in. These are almost all big 16 or more passenger jets, not the little Lears that you have to bend over to get into. A new twist is the Kukio jet 'bus' where people buy a book of tickets to share a private jet.

The theory here is that the captains of industry and finance have some sort of read on where the economy is going and the money piling up in their coffers. If its tight, the jets are fewer, and smaller.

The prediction is that the coming years looks good.


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1 Comment so far

  1. chandrashah on January 2, 2016 6:49 pm

    I like this .. the only worry is that various internet businesses are springing up offering the average joe (well sort of) the chance to buy hours in a ‘private’ jet. Still the existence of venture capital wackos willing to fund such schemes & entrepreneurs subletting jets may also be a bullish indicator/

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