An Airbus A380 Superjumbo, dubbed as 'The Flying Palace,' needs a new buyer.
It turned out it was Prince Alwaleed bin Talal of Saudi Arabia who was the original client for The Flying Palace and was then sold to another client, but the deal was canceled, even before the aircraft is delivered. The prince bought the double-decker for US$319 million in 2007 and after the lavish modification, the aircraft's price is estimated to be more than US$500 million.
Pictures of the interior of The Flying Palace shows the ultimate flying in style. One wonders how technology could transform a large aircraft into a 'palace in the sky'.
Airbus has a hard time selling the A380, currently priced at US$480 million. Emirate Airlines holds 44% of the total contract for the Superjumbo. It holds the record as the world's largest commercial aircraft and presently has a total order of 317.
It turned out it was Prince Alwaleed bin Talal of Saudi Arabia who was the original client for The Flying Palace and was then sold to another client, but the deal was canceled, even before the aircraft is delivered. The prince bought the double-decker for US$319 million in 2007 and after the lavish modification, the aircraft's price is estimated to be more than US$500 million.
Pictures of the interior of The Flying Palace shows the ultimate flying in style. One wonders how technology could transform a large aircraft into a 'palace in the sky'.
Airbus has a hard time selling the A380, currently priced at US$480 million. Emirate Airlines holds 44% of the total contract for the Superjumbo. It holds the record as the world's largest commercial aircraft and presently has a total order of 317.
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| A380 Superjumbo c www.forbes.com |
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