Tuesday, February 16, 2016

The New Gilded Age

Gulfstream Aerospace Corp. says it’s unable to keep up with demand from the rich.

Pay $65 million for the G650 or G650ER personal jets, and your wait to board them could be as long as two years, Scott Neal, Gulfstream’s senior vice president of worldwide sales and marketing, said in a Bloomberg TV interview Tuesday at the Singapore Air Show.

The G650ER "has taken market share at the top end of the market. It’s really created a new market to itself," Neal said. "The next available delivery for a new G650 or G650ER is a little over two years from now."

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Meanwhile, We The People, if we get to fly at all, are packed in like sardines:


Does anyone (other than the rich) think they have "earned" that level of wealth?

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