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60-444: Kingdom 5KR (originally named Nabila ) is an 85.65-metre (281 ft) superyacht built for Saudi billionaire Adnan Khashoggi that is now owned by Saudi business magnate Al-Waleed bin Talal . The yacht was built in 1980 by the yacht builder Benetti at a cost of $ 100 million (equivalent to $ 370 million in 2023). Its original interior was designed by Luigi Sturchio. It

120-608: A Gulfstream G750 ; in 2021 the Dassault Falcon 6X , Learjet 70 XR/75XR and Global 7500 XR; in 2022 the Bombardier Challenger 350XRS ; in 2023 the Citation Hemisphere , an Embraer Legacy 700, Phenom 100 V+, Dassault Falcon 9X, Bombardier Challenger 750 and Gulfstream G400NG ; in 2025 a Citation Mustang 2+. Most production business jets use two jet engines as a compromise between

180-471: A cruciform tail or T-tail to reduce interference drag and increase exhaust clearance. Practical limits on the ground clearance of these smaller aircraft have prompted designers to avoid the common jetliner configuration of a low wing with underslung podded engines. The sole business jet to use this layout, the early McDonnell 119, was rejected by the USAF due to foreign object damage concerns, leading to

240-601: A fighter . A U.S. type certificate was awarded in July 1958, but commercial sales were limited, with most examples going to the military; an improved civilian version similar to a modern very light jet , with a six-seat enclosed cabin and a conventional door, never proceeded past the prototype stage. The commercial failure of the MS.760 Paris prompted the cancellation of projects by Cessna and Douglas Aircraft to market similar jets. The development of center-aisle cabin business jets

300-466: A 44,500 lb (20.2 t) maximum take-off weight (MTOW), then two General Electric CF700 turbofans. The smaller, 17,760 pounds (8.06 t) MTOW North American Sabreliner , tailored to the USAF UTX requirement, first flew on 16 September 1958. Powered by two Pratt & Whitney JT12 turbojet engines then Garrett TFE731s , more than 800 were produced from 1959 to 1982. Designed in 1957 for

360-573: A business jet, Embraer derived the Legacy 600 from the Embraer ERJ family of regional jet airliners. Powered by two 8,800 pounds-force (39.2 kN) Rolls-Royce AE 3007s , the first flight of the 50,000 pounds (22.5 t) aircraft was on 31 March 2001. On 14 August 2001, the Bombardier Challenger 300 made its first flight. The 38,850 pounds (17.62 t) aircraft is powered by two 6,825 pounds-force (30.36 kN) HTF7000s . The 500th example

420-645: A crew mess, crew cabins and laundry. While most crew cabins contain bunk beds, there are captains and chief engineers who, on the larger yachts, have their own cabins. There are no set hours that crew members work each week. The hours depend greatly on how often the owners are on board, how often it is chartered and on what hours the captain sets when there are no guests on board. Crew members may be hired through crew agencies or various websites. Superyachts have significant environmental impacts, primarily due to their substantial greenhouse gas emissions and other forms of pollution. A report by SuperYacht Times indicates that

480-550: A crew of a similar size. This type of yacht may be configured, as follows: A 50-metre (160 ft) yacht may have one or more yacht tenders for reaching shore and other water toys which may include a speed boat or sailing boat, personal water craft , windsurfing and diving equipment and a banana boat . Such yachts have multiple screen displays and satellite communications. Yachts above 60 metres (200 ft) are typically built to individual specifications, cost tens of millions of dollars, and typically have four decks above

540-477: A five-year old aircraft is at 56% of the list price. A new business aircraft typically depreciates by 50% in five years before depreciation flattens between years 10 and 15, and the owner of a 15-to-20 year old aircraft is often the last, matching luxury cars . Business jets have varying value retention, between the leading Embraer Phenom 300 E, sold for $ 9.45 million in 2018 and expected to retain 68% of its value 15 years later for $ 6.46 million in 2033, and

600-665: A large number are privately owned but available for charter part-time. As of 2018, superyacht charter costs were € 70–550 thousand per week. Charter contracts usually include an advance provisioning allowance —a deposit to cover such operating expenses as food, fuel, and berthing . The unspent balance of the allowance is returned to the customer at the end of the charter. The luxury yacht charter industry functions effectively because private yacht owners mitigate their running costs with charter income as well as keeping their yachts and crew in top running order. Conversely, private charterers charter yachts (rather than owning them) because it

660-455: A single pilot and up to three passengers under a sliding canopy, and was first flown on 29 July 1954; 219 were built. The Lockheed JetStar , designed to meet USAF UCX requirements and seating 10 passengers and two crew, first flew on 4 September 1957. In total, 204 aircraft were produced from 1957 to 1978 powered by several different engines; four 3,300 lbf (15 kN) Pratt & Whitney JT12 turbojets, then Garrett TFE731 turbofans for

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720-784: A staff that caters to guests at a high standard of comfort. They may be designed to emphasize comfort, speed, or expedition capability. Depending on the season, superyachts may be most frequently found in the Mediterranean or the Caribbean . Many are available for charter at prices that exceed € 100,000 per week. Larger examples may have more than one swimming pool; they may carry a variety of water toys, other boats, and some have helipads to receive guests from helicopters. Characterized as symbols "of great wealth and excessive consumption", superyachts have been controversial due to their adverse environmental impact. According to one estimate,

780-512: A superyacht is the single most polluting object a person can own, more so than private jets . A superyacht, large enough for a helicopter pad, submarine and a permanent crew, emits 1,500 times more carbon in a year than a typical family car. At the beginning of the 20th century, when wealthy individuals constructed large private yachts for personal pleasure, some manufacturers, such as Cox & King and Charles L. Seabury and Company , were noted for their large steam yachts. The first half of

840-673: A total of 689 examples, it is the first of the Cessna Citation family . The trijet Dassault Falcon 50 made its first flight on 7 November 1976. The 40,000 lb (18 t) MTOW airplane is powered by three 3,700 pounds-force (16 kN) TFE731 engines. With the cross-section of the Falcon 20, it is the basis of the larger Falcon 900 . On 8 November 1978, the prototype Canadair Challenger took off. The 43,000–48,000 lb (20–22 t) MTOW craft, usually powered by two 9,200 pounds-force (41 kN) General Electric CF34s , formed

900-405: A two-seater automobile, two motor scooters and two bicycles. The vessel also featured a 35-tonne (35,000 kg) crane. The crew of a superyacht comprises five elements, each with its own staff: the captain, who has overall responsibility for the yacht; the chef, who is responsible for the cuisine; the interior staff, who create a hotel-like environment; the deck crew, which operates and maintains

960-423: Is a jet aircraft designed for transporting small groups of people, typically business executives and high-ranking associates . Business jets are generally designed for faster air travel and more personal comfort than commercial aircraft , and may be adapted for other roles, such as casualty evacuation or express parcel deliveries , and some are used by public bodies , government officials , VIPs , or even

1020-408: Is a large and luxurious pleasure vessel. There are no official or agreed upon definitions for such yachts , but these terms are regularly used to describe professionally crewed motor or sailing yachts , ranging from 40 metres (130 ft) to more than 180 metres (590 ft) in length, and sometimes include yachts as small as 24 metres (79 ft). Superyachts are often available for charter with

1080-654: Is expected to come from North America for 61%, 16% from Europe, 12% from Latin America, 7% from Asia-Pacific and 4% from Middle East and Africa. For the next decade, Aviation Week predicts 8,683 business jets and 2,877 turboprops deliveries, from 792 jets in 2019 to 917 in 2028, and mostly in North America with 5,986 jets and 2,024 turboprops worth $ 126.1 billion. Most value will come from ultra-long-range jets with $ 104.7 billion, followed by super-midsize jets for $ 33.3 billion and large jets for $ 30.6 billion. The fleet

1140-685: Is generally considered to be less expensive, and less hassle, than owning a yacht and it also provides them with extra choice related to yacht type, location and crew. The vessels may do short cruises with the owners and/or guests aboard. Antigua is one of the main ports in the Windward Islands of the Caribbean and hosts a Charter Show at the beginning of the winter season. The size and types of accommodations, amenities and number of water toys increases with boat size. A 40-metre (130 ft) superyacht may have cabins for 10–12 guests and for

1200-443: Is powered by two 1,600 pounds-force (7.2 kN) Pratt & Whitney Canada PW600s. With its Phenom 300 development, nearly 600 have been built. The first flight of the midsize, fly-by-wire , 7,000 lbf (31 kN) Honeywell HTF7000 -powered Embraer Legacy 500 was on 27 November 2012. It was followed by the shorter Legacy 450 on 28 December 2013. After peaking in 2008, deliveries slowed due to political instability but

1260-870: The British Virgin Islands , among others. Superyachts typically frequent the Mediterranean Sea in summer and the Caribbean Sea in winter. Typical destinations in Spain and the French , Italian and Portuguese Rivieras include Cannes , Antibes , St. Tropez , Monte Carlo , Portofino , Porto Cervo , Cascais , Puerto Banús , Puerto Portals, and Palma, Mallorca ; explorer superyachts may cruise in remote areas worldwide. Some yachts are used exclusively by their private owners, others are operated all year round as charter businesses, and

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1320-594: The Cessna CitationJet was first flown. Powered by two 1,900 pounds-force (8.5 kN) Williams FJ44 engines, the 10,500 lb (4.8 t) light jet used a modified Citation II fuselage with a new wing and tail, and was subsequently developed into the CJ series and M2, ultimately replacing the Citation I, Citation II and Citation V series. The 2,000th CitationJet was delivered in 2017. The first flight of

1380-471: The James Bond movie Never Say Never Again , in which it was seen as Flying Saucer (translated from Italian Disco Volante in the source novel, Thunderball ), the villain's superyacht mobile headquarters. It was also the inspiration for the song " Khashoggi's Ship " on The Miracle , the 1989 album by rock band Queen . After Khashoggi ran into financial problems, he sold the yacht in 1988 to

1440-681: The Learjet 23 . Powered by two 2,850 pounds-force (12.7 kN) General Electric CJ610s , its 12,500 lb (5.7 t) MTOW complies with FAR Part 23 regulations. The first member of the Learjet family, 104 were built between 1962 and 1966. The forward wing-sweep, 20,280 lb (9.20 t) MTOW Hamburger Flugzeugbau HFB 320 Hansa Jet first flew on 21 April 1964, powered by two General Electric CJ610s; 47 were built between 1965 and 1973. The joint Piaggo-Douglas, 18,000 lb (8.2 t) MTOW Piaggio PD.808 first flew on 29 August 1964, powered by two Armstrong Siddeley Vipers ; 24 were built for

1500-527: The Sultan of Brunei , who in turn sold it to Donald Trump for $ 29 million. After a refit , Trump renamed it Trump Princess . To dock Trump Princess at the Atlantic City harbor, Trump obtained special dredging permits which instead of taking three years were accomplished in only a couple of months with support from Roger Stone and the lobbying firm Black, Manafort, Stone and Kelly . Then it

1560-536: The military . The first small, jet-powered civilian aircraft was the Morane-Saulnier MS.760 Paris , developed privately in the early 1950s from the MS.755 Fleuret two-seat jet trainer . First flown in 1954, the MS.760 Paris differs from subsequent business jets in having only four seats arranged in two rows without a center aisle, similar to a light aircraft , under a large sliding canopy similar to that of

1620-406: The 20th century saw the first large motor yachts, including Charles Henry Fletcher 's Jemima F. III (1908) at 34 metres (111 ft), Savarona (1931) at 136 metres (446 ft), and Christina O (1947 conversion) at 99 metres (325 ft). The "Large Commercial Yacht Code (LY2)" of Great Britain and its dominions defines a "large yacht" as one that is 24 metres (79 ft) or more at

1680-623: The Italian Air Force. On 2 October 1966 the first large business jet first flew, the 65,500 lb (29.7 t) MTOW Grumman Gulfstream II , powered by two 11,400 lbf (51 kN) Rolls-Royce Spey turbofans. From 1967 to the late '70s, 258 were built, and it led to the ongoing Gulfstream Aerospace long-range family. The 11,850 lb (5.38 t) MTOW Cessna Citation I first flew on 15 September 1969, powered by two 2,200 pounds-force (9.8 kN) Pratt & Whitney Canada JT15D turbofans. Produced between 1969 and 1985, for

1740-665: The UCX requirement, the McDonnell 119 was delayed by the cancellation of the Fairchild J83 engine program, and first flew on 11 February 1959 powered by four Westinghouse J34 turbojets. The 119 was certified for a 45,328 lb (20.6 t) MTOW with four Pratt & Whitney JT12 or General Electric CF700 engines, but no firm orders were received, and only the single prototype was completed. The 25,000 lb (11 t) MTOW British Aerospace 125 first flew on 13 August 1962 as

1800-551: The ability to use relatively short runways, and that lower approach speeds would ease single-pilot operations, particularly by relatively inexperienced owner-pilots. Rolls-Royce plc powers over 3,000 business jets, 42% of the fleet: all the Gulfstreams and Bombardier Globals , the Cessna Citation X and Embraer Legacy 600 , early Hawkers , and many small jets with the Williams-Rolls FJ44 . About 70% of

1860-470: The all-new Learjet 45 was on 7 October 1995. All of the 642 aircraft built since then have been powered by two 3,500 pounds-force (16 kN) TFE731 engines. Powered by two 2,300 pounds-force (10 kN) Williams FJ44s, the 12,500 pounds (5.7 t) Beechcraft Premier I light jet made its first flight on 22 December 1998. Nearly 300 had been made before production stopped in 2013. In the opposite way compared to Bombardier, which developed airliners from

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1920-504: The basis of the long range Bombardier Global Express family and of the Bombardier CRJ regional airliners. The 1000th Challenger entered service in 2015. On 30 May 1979 the all-new 22,000 lb (10.0 t) MTOW Cessna Citation III took off for the first time, powered by two 3,650 lbf (16.2 kN) TFE731s. The Mitsubishi MU-300 Diamond made its first flight on 29 August 1978. The 16,100 lb (7.3 t) MTOW jet

1980-699: The de Havilland DH.125, powered by two 3,000 pounds-force (13 kN) Armstrong Siddeley Viper turbojets. Its engines were replaced by Garrett TFE731s, then Pratt & Whitney Canada PW300 turbofans. Almost 1,700 aircraft of all variants, including the Hawker 800 , were produced between 1962 and 2013. The Aero Commander 1121 Jet Commander, which later became the IAI Westwind , first flew on 27 January 1963, powered by two General Electric CJ610 turbojets, then Garrett TFE731s . Production of Jet Commanders and Westwinds from 1965 to 1987 came to 442 aircraft, and it

2040-437: The discharge of wastewater , and by generating considerable noise and light pollution. These activities have raised significant concerns regarding their ecological footprint . These yachts typically spend less than 20% of their year under way; when in port many continue to emit CO 2 from diesel-powered generators that support any guests or crew on board. Private jet A business jet , private jet , or bizjet

2100-519: The failure of the program. The recent HondaJet uses wing-mounted engines but mitigates this problem with its unique over-the-wing engine pods. As with jetliners, swept wings are often used to increase cruise speed, but straight wings are also commonplace; notably, Cessna deliberately prioritized docile low-speed handling in choosing straight wings for many models in its popular Citation family, envisioning that owners transitioning from slower piston engined or turboprop aircraft would want to maintain

2160-481: The first engine supplier with 30% of the $ 24B revenue, in front of the current leader Rolls-Royce at 25%. Honeywell will hold 45% of the $ 16B in avionics revenue ahead of Rockwell Collins with 37% and Garmin . For 2019–2028, Honeywell predicts 7,700 aircraft to be delivered for $ 251 billion. Its breakdown is 62% big (87% in value) – super-midsize to business liner, 10% midsize (7% in value) – light-medium to medium, and 28% small (6% in value). The global demand

2220-784: The fleet was in North America at the end of 2011, the European market is the next largest, with growing activity in the Middle East, Asia, and Central America. On 1 April 2017, there were 22,368 business jets in the worldwide fleet, of which 11.2% were for sale. By October 2018, the entire private jet fleet was dominated by Textron ( Beechcraft , Cessna and Hawker branded aircraft) with 43.9%, then Bombardier with 22.4%, Gulfstream with 13.0%, Dassault with 9.6% and Embraer with 5.8%, mostly in North America (64.6%), followed by Europe (13.0%) South America (12.1%) and Asia-Pacific (5.9%). As on March 31, 2019, there are 22,125 business jets in

2280-478: The global fleet of nearly 6,000 superyachts has expanded fourfold over the past three decades, reflecting a broader trend of wealth concentration. These vessels are predominantly powered by diesel engines . Notably, the annual CO 2 emissions from just the top 300 superyachts are estimated to be nearly 285,000 tons, which surpasses the total national emissions of countries like Tonga . Beyond carbon emissions, superyachts also contribute to marine pollution through

2340-567: The industry hopes to revive demand by introducing more attractive and competitive new models, four in 2018: In October 2018, consultant Jetcraft expected 20 variants or new designs to enter service before 2023 (seven large, seven midsize and six small): in 2019 the Global 5500/6500 , Gulfstream G600 , Citation XLS ++ and a CitationJet CJ4+ /, while the Embraer Praetor 500/600 to be introduced in 2019 were predicted for 2021/2022; in 2020

2400-545: The large investment necessary to develop prototypes. Both Lockheed Corporation and McDonnell Aircraft began the development of UCX aircraft, while North American Aviation pursued the UTX requirement. The Morane-Saulnier MS.760 Paris had a gross weight of 7,650 lb (3.47 t), initially powered by two Turboméca Marboré turbojets of 880 lbf (3.9 kN) thrust, although most aircraft were later upgraded to 1,058 lbf (4.71 kN) units. The aircraft seated

2460-450: The motor yacht, World is not Enough . As superyachts have increased in size, so have the informal terms that describe their size evolved to include "megayacht", "gigayacht" and (speculatively) "terayacht". Between 1998 and 2008, European production of superyachts grew by 228%, ending the period with a total production of 916 units and $ 10 billion in orders. In January 2020 , Boat International listed 4,621 professionals connected to

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2520-483: The operating economy of fewer engines and the ability to safely continue flight after an engine failure. Exceptions include the early Lockheed Jetstar with four engines; the Dassault Falcon 50 and derivatives with three; and the Cirrus Vision SF50 with one, a configuration also used in several similar very light jet design concepts. Most business jets use podded engines mounted on the rear fuselage with

2580-442: The pleasure of the owner and guests do not carry the passenger restriction. Yachts may be identified by flag—the country under which a yacht is registered. An industry publication categorizes superyachts by size, by speed, as "explorer" yachts, as sailing yachts, and classic yachts. As of 2016, there were about 10,000 superyachts over 24 metres in length, worldwide. Of these about 80% were power yachts. The annual production rate

2640-439: The sky lounge or saloon, transformed into a dance area when furnishings are moved aside and special lighting activated), a cinema, plunge pool (possibly with a wave-maker), a playroom, and additional living areas such as a separate bar, secondary dining room, private sitting rooms or a library. Superyachts may be accompanied by a support (or shadow) vessel that carries such items as watercraft, helicopters or other large items that

2700-634: The superyacht industry since 1856, including 1,806 builders. Superyacht builders and yacht charter companies are predominantly based in Western Europe and the United States but are also found in Australia, New Zealand, Asia, and Eastern Europe. Each superyacht has a flag state where it is registered , but may have never visited. Common flag state registrars for large yachts are Cayman Islands , Marshall Islands , Isle of Man , and

2760-485: The trailing $ 24.5 million Gulfstream G280 , predicted to retain 42% of its value for $ 10.25 million. In October 2017 Jetcraft forecast 8,349 unit deliveries in the next decade for $ 252 billion, a 30.2 $ M average. Cessna should lead the numbers with 27.3% of the deliveries ahead of Bombardier with 20.9%, while Gulfstream would almost lead the revenue market share with 27.8% trailing Bombardier with 29.2%. For 2016–2025, Jetcraft forecast Pratt & Whitney Canada should be

2820-495: The vessel; and the engineers, who ensure the proper functioning of the vessel's many systems. A superyacht may be maintained by its crew, which may be reduced in size during the periods that the owners are not on board and no charters are booked. Most crew members live on board and are paid a monthly salary, with most living expenses covered by the owner. Live-on-board crews do not pay rent, food, electricity or water bills. All superyachts have crew areas below deck, which consist of

2880-846: The waterline and is in commercial use for sport or pleasure, while not carrying cargo or more than 12 passengers, and carrying a professional crew. The code regulates the equipping of such vessels, both at sea and in port—including such matters as crew duty times and the presence of a helicopter on board. The code has different levels of standard for vessels above and below 500 gross tons . Other countries have standards similar to LY2. Whereas yachts of 24 metres and below may be constructed of fiberglass , larger yachts are more likely to be constructed of steel, aluminum or composite fiber-reinforced plastic . Such yachts may be considered "superyachts" and are more commonly at 40 metres (130 ft) or more in length. Whereas "commercial" large yachts may carry no more than 12 passengers, "private" yachts are solely for

2940-411: The waterline and one or two below. There is likely to be a helicopter landing platform. Apart from additional guest cabins, which are likely to include one or more "VIP suites" besides the owner's suite, such a yacht will have some or all of the following amenities: indoor hot tubs, sauna and steam rooms, a beauty salon, massage and other treatment rooms, a medical centre, a disco (usually the same space as

3000-497: The wing in a configuration unique amongst business jets. As of March 2020, 150 had been delivered. It was followed by the 8,645 pounds (3.921 t) MTOW Cessna Citation Mustang on 23 April 2005, powered by two 1,460 pounds-force (6.5 kN) Pratt & Whitney Canada PW600s and with more than 450 produced. Then the Embraer Phenom 100 made its maiden flight on 26 July 2007. The 10,500 pounds (4.75 t) MTOW airplane

3060-1010: The worldwide fleet and top 20 country markets account for 89% of this total fleet. In 2015 the total airplane billing amounted to US$ 21.9 billion, and 718 business jets were delivered to customers across the globe: 199 (27.7%) by Bombardier Aerospace , 166 (23.1%) by Textron Aviation , 154 (21.4%) by Gulfstream Aerospace , 120 (16.7%) by Embraer and 55 (7.7%) by Dassault Aviation . In 2017, 676 business jets were shipped, led by Gulfstream with $ 6.56 billion for 120 aircraft, Bombardier with $ 5.2 billion for 140, Textron with $ 2.87 billion (including propeller aircraft and 180 jets), Dassault with $ 2.42 billion for 49 and Embraer with $ 1.35 billion for 109. In 2022, 712 business jets were shipped, led by Gulfstream with $ 6.60 billion for 120 aircraft, Bombardier with $ 6,04 billion for 123, Textron Aviation with $ 3,62 billion, Dassault Aviation with $ 1,76 billion for 32, Embraer with $ 1,36 for 102 and Pilatus with $ 900 million for 123 aircraft. The residual value level for

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3120-529: The yacht itself cannot readily accommodate. Such vessels range in length from 20 to 100 metres (66 to 328 ft). There are at least four manufacturers that specialize in building such vessels. One 67-metre (220 ft) example included the following amenities: a helicopter deck, six guest rooms, two-story helicopter hangar with sound system, movie theater, freshwater pool, a landing craft, four each of: jet skis , kayaks , sailboats , diving and fishing gear, and water skis . For use ashore, there were reportedly

3180-428: Was accelerated by an August 1956 United States Air Force (USAF) letter of the requirement for two " off-the-shelf " aircraft, the larger UCX (cargo) and smaller UTX (trainer). These requirements differed from standard USAF procurement contracts in that no formal competitions would occur, and manufacturers were expected to develop the aircraft without government funds; despite this, a substantial USAF purchase would offset

3240-498: Was delivered in 2015. The first very light jet, the 5,950 pounds (2.70 t) MTOW Eclipse 500 , took off for the first time on 26 August 2002, powered by two 900 pounds-force (4.0 kN) Pratt & Whitney Canada PW600s . Between then and the end of production in 2008, 260 were produced. Another new small jet, the 10,701 pounds (4.854 t) Honda HA-420 HondaJet , first flew on 3 December 2003 powered by two 2,050 pounds-force (9.1 kN) GE Honda HF120 engines mounted above

3300-473: Was delivered it had five decks, a disco, a cinema with seats for 12, 11 opulent suites, a helipad on top (its funnels are sloped outward to avoid interference with the helicopters), a pool with a water jet on top in front of the heliport, 2 Riva tenders , a crew of 48, a top speed of 20 knots, and cruising speed of 17.5 knots; propulsion was supplied by two 3,000 horsepower (2,200 kW) NOHAB Polar engines. Luxury yacht A superyacht or megayacht

3360-523: Was developed as the IAI Astra , later rebranded as the Gulfstream G100 . The 29,000 lb (13 t) MTOW Dassault Falcon 20 first flew on 4 May 1963, powered by two General Electric CF700s , then Garrett ATF3 turbofans and Garrett TFE731s. In total, 508 were built from 1963 to 1988, and it is the basis of the Dassault Falcon family. The first light jet first flew on 7 October 1963 -

3420-407: Was originally built as Nabila for Saudi billionaire Adnan Khashoggi (named for his daughter). During Khashoggi's ownership it was one of the largest yachts in the world , but as of March 2023, according to Misplaced Pages list of largest motor yachts, is ranked 106th and continues to fall down the rankings, due to the trend of larger yachts being built. During its days as Nabila , it was featured in

3480-416: Was powered by two 2,900 lbf (13 kN) JT15D . The design was later sold and was renamed Beechjet 400 then Hawker 400 , with a total of 950 produced of all variants. The 1980s only saw the introduction of derivatives and no major new designs. Also there was an advent of fractional ownership in the late 1980s for business jets. For much of the 1980s, sales of new aircraft slumped. On 29 April 1991,

3540-765: Was reported to be around 150. As of 2018, the 200 largest yachts ranged in length from 70 metres (230 ft) to 181 metres (594 ft)—the Azzam . The largest yacht by displacement was the 20,361 gross ton Fulk Al Salamah . At 143 metres (469 ft), the largest sail-assisted motor yacht was Sailing Yacht A . As of 2018, the top 50 sailing yachts ranged in size from 53 metres (174 ft) to 107 metres (351 ft)—the Black Pearl . The 20 fastest superyachts ranged in speed from 50 knots (93 km/h) with 7,290-horsepower (5.44 MW) engines to 67 knots (124 km/h) with 20,600-horsepower (15.4 MW) engines for

3600-487: Was sold in 1991 for $ 20 million to Prince Al-Waleed bin Talal who renamed the yacht Kingdom 5KR . The yacht's latest name stems from the Prince's investment company, Kingdom Holding Company , his lucky number (5), and his children's initials ("K" and "R"). The ship has a beam of 13.25 metres (43.5 ft), a draught of 4.72 metres (15.5 ft) and fuel capacity of 515,000 litres (136,000 US gallons). When it

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