• Thu
  • Dec 25, 2014
  • Updated: 6:24pm

Jet-setter's dream

PUBLISHED : Tuesday, 29 May, 2007, 12:00am
UPDATED : Tuesday, 29 May, 2007, 12:00am

What?


A Boeing 787 Dreamliner. It's got a massive 223 square metres of luxury cabin space.


Who?


Who bought it? Tycoon Joseph Lau Luen-hung, the 55-year-old chairman of Chinese Estates Holdings. His personal fortune is estimated to be US$2.1 billion at least.


When?


Last week.


Why?


Mr Lau said he was attracted to the Dreamliner because it was made entirely of fibreglass, used 25 per cent less fuel than comparable aircraft and could fly 10,000 nautical miles without stopping. He also said he was keen to get his own private jet after watching in horror as a fellow passenger stripped to his underwear and put on his pajamas when travelling first class.


How?


How much did the plane cost? US$153 million. It's just one of six private jets he has ordered for himself in the past three to four months. He has put in a further four orders for friends.


Where will he fly?


Everywhere. The plane is billed by Boeing as the perfect vehicle for the 'wealthy and successful entrepreneur' where business is conducted over long distances. The passenger version of the jet carries up to 300 people.


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