Topic: Inequality's not so bad when you build private jets
Doug
rabble-rouser
Babbler # 44
posted 22 September 2007 10:41 PM
quote:Gore builds customized interiors for the large jetliners that heads of state, corporate chiefs and billionaires have begun turning into private flying apartments. It's a rarefied business, but lately it's soaring. In the past three years, Gore has grown from 50 employees to 320. Revenue was just $23 million last year, but is expected to surpass $100 million in 2008. Today Gore's hangar is filled with five half-completed jets—and it's fully booked with work until nearly 2010....Thanks partly to the widening economic gap that's helped the rich get richer, and thanks partly to more people flocking to private aircraft to avoid security hassles, Gore's business shifted from being mostly foreign heads of state to include more companies and rich individuals.