These planes typically cost $400 to $500 million and, considering the owners, are lavishly outfitted with state-of-the-art amenities. From spacious cabins to children's playrooms, prayer areas, conference zones, and lounges, these flying palaces offer every comfort at an altitude of 10,000 meters. Kuwait Airways also acquired three Gulfstream V planes for government officials, costing nearly $120 million in 1998.
French luxury conglomerate LVMH Moët Hennessy Louis Vuitton SE has reached an agreement with Formula 1 organizers, signing a ten-year sponsorship deal that could be worth around $1...