He may be only the world’s 13th-richest man, but Prince Walid bin Talal of Saudi Arabia will soon be able to claim the bragging rights to the world’s largest private jet.
Putting an end to months of speculation, Airbus announced Monday that the Saudi billionaire had become the first V.I.P. customer for the A380 superjumbo jet, the winged colossus that the European plane maker prices at just over $300 million.
Prince Walid, who currently makes do with a customized Boeing 747-400, signed the contract for a new flying palace at a ceremony with senior Airbus executives at the Dubai air show.
He expects to take delivery in 2010.
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