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Saudi prince buys USD 485m 'flying palace'

Saudi billionaire Prince Alwaleed bin Talal has bought a USD 485 million "flying palace" and will soon take delivery of the world's first customised A380 superjumbo. Prince Alwaleed, estimated to be worth around USD 21.3 billion, is expected to get delivery of the world's biggest private jet next year.

December 17, 2012 / 09:29 IST
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Saudi billionaire Prince Alwaleed bin Talal has bought a USD 485 million "flying palace" and will soon take delivery of the world's first customised A380 superjumbo. Prince Alwaleed, estimated to be worth around USD 21.3 billion, is expected to get delivery of the world's biggest private jet next year.


The prince has reportedly shelled out a whopping USD 485 million for the luxury plane, RIA Novosti news agency reported. Prince Alwaleed's A380 jumbo is believed to include four-poster beds, a Turkish bath, storage space for a Rolls-Royce, a boardroom, a concert hall, five suites with king-size beds, a prayer room featuring computer generated prayer mats which face Makkah and a lift between floors on all three levels.


Airbus Middle East President Habib Fekih confirmed on the sidelines of an aviation conference in Dubai the aircraft would be delivered to the Saudi billionaire next year. "The A380 is planned for next year 2013," he said, adding it was currently the only A380 luxury business jet on order but he expected interest to grow.

first published: Dec 17, 2012 09:16 am

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