Behind every billionaire there is a story!

How billionaires travel

As commercial airline passengers face another summer of crowds, delays and missed connections, the owners of private jets can look forward to federal regulators’ help in making their flights more comfortable and stylish.

The U.S. Federal Aviation Administration proposed for the first time on July 13 new rules that would allow safety criteria for jets operated for private use to be less stringent than those for commercial airliners.

The proposal, which was pushed by the General Aviation Manufacturers Association, comes as sales of luxury jets of all sizes have more than doubled to $16.5 billion since 1988.

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