Private Jets to Ibiza, Paris Surge as Rich Evade Travel Chaos

https://www.bloomberg.com/news/articles/2022-08-27/private-jets-to-ibiza-paris-surge-as-rich-evade-travel-chaos

by walterbell • 4 years ago

45 36 4 years ago

bloomberg.com

tommek4077• 4 years ago

https://archive.ph/URtzu

wesleywt• 4 years ago

Imagine having all the money in the world to afford a private jet. And you choose to go to Ibiza.

ChuckNorris892• 4 years ago

Some rich people like to mingle with the pleb and love flashing their wealth around the great unwashed. It gets them tons of admiration.

rmnclmnt2• 4 years ago

Drunken Insta influencers are there

yodsanklai• 4 years ago

We're social animals: for a lot of these guys, the point of having money is to display it.

durnygbur3• 4 years ago

There they basically can have all forms of sex with any human they desire, free of charge. Compare this with GBP 200 per hour in London...

ChuckNorris892• 4 years ago

It's only free of charge if you ignore the high cost of the private jets, fancy hotels, table and bottle service at fancy clubs which alone is 2k Euros.

Suddenly 200gbp/hour is a real steal. But it's not about the money, it's about the feeling of power when people throw themselves at you.

hatmatrix• 4 years ago

In the article it says Napoli, Amsterdam, and Berlin have shown the greatest increase in popularity. Paris and Ibeza are 12th and 18th, respectively. Not sure why these destinations were chosen for the title of the article.

sofixa• 4 years ago

London - Ibiza is the combination that saw the highest growth.

okr• 4 years ago

Because its boulevard clickbait designed to enrage and upset.

jegea• 4 years ago

Should I have all the money in the world I would most likely spend a good part of the year in Ibiza. I've been to a lot of places in the Mediterranean (and other shores) and Ibiza is one of the most beautiful places in terms of nature, people and generally good vibes.

Equating Ibiza to sex and parties is like saying Amsterdam is nothing but rain or London is always foggy. There's some truth to it, but you'll be missing a whole lot if judging just by that

Edit: typo

samwillis2• 4 years ago

While I haven’t been myself. I believe Ibiza very much has two literal sides to the island. The well known party side and a far more family friendly, beautiful, beach resort that is very popular with the affluent middle classes. I can completely see why people who can afford a short haul privet flight would choose Ibiza.

rmnclmnt2• 4 years ago

Let the rich spend their money!

They had an extremely hard time two years in a row buying at 0.5% interest and speculating on the boom of the housing market, they need to relax and enjoy now!

durnygbur3• 4 years ago

The money will trickle down just any time soon...

londgine• 4 years ago

luckily for them private jets are explicitly exempt from climate change carbon taxes

newsclues• 4 years ago

If climate change was a scam that sounds like it would be true.

eesmith• 4 years ago

Or rich people use their wealth and political power to enrich themselves, not just for cheaper jet fuel, but to spread the false rumor that climate change and global warming is a scam.

anovikov• 4 years ago

I can't see what's wrong with it. It's essentially the only sensible way in which the rich are clearly different from the middle class these days. If we remove this, what will be left of being rich?

durnygbur3• 4 years ago

The're still immune to most laws and taxes... then they'd be gods without wings.

true_religion• 4 years ago

Isn’t that just a Demi god? Sounds like a demotion in status… although I’m not against it.

em500• 4 years ago

Not sure if this is mean ironically, but I honestly don't see what's wrong with it either. Highlighting the consumption choices of the very wealthy mostly come off as lazy outrage bait to me. If society decided their wealth was gained in some illicit way, that surely is the issue to be addressed, not wether they spend it on flights, yachts or mansions.

pastacacioepepe• 4 years ago

It's essentially the only sensible way in which the rich are clearly different from the middle class these days

So it's private jet or you're middle class? That's a ludicrous statement, really.

You conveniently forget the universe of luxury amenities that wealth grants you, and more importantly the power you get as a consequence. Being able to move fast on private jets is just a small fraction of the benefits.

gadders2• 4 years ago

I wonder how many of these people using private jets attend Davos, make commitments to net zero, invest using ESG as a reference point, sea front housing etc.

I'll take it seriously when they do.

bluescrn• 4 years ago

They bought sea-front property because they're convinced that they have enough power to turn the rest of the world into car-less vegans, packed into tiny apartments in crime-ridden mega-cities, living mostly in the metaverse - all while they preserve their own luxurious lifestyles.

gadders2• 4 years ago

You'll own nothing and you'll be happy.

solids• 4 years ago

The buy sea front properties because they can, they have so much money that doesn’t matter what happens with sea level in ten years, they just want to enjoy those houses today.

nivenkos• 4 years ago

The rich will flee to Hawaii and NZ, etc. meanwhile we suffer the consequences of their decisions with electricity and natural gas shortages, hyper-inflation and rising interest rates.

The government should bring in capital controls and seize their accounts and capital. Let them try to survive when they can't leech off the working class.

Cthulhu_• 4 years ago

I mean if they want to stay there as the collapse happens that's their choice, I'd flee inland instead if I was them. The islands and coastal areas are risky with flooding and tropical storms.

sn0w_crash• 4 years ago

“The government” enables this behavior. Excuse me if I don’t trust this “government” to solve any of these problems it created.

Eddy_Viscosity2• 4 years ago

Looks like you're left having to trust the super rich to solve it then. They called from their super yacht after flying on a private jet from their 4th 10,000 ft^2 fully air conditioned summer home and said they got this and not to worry.

javajosh2• 4 years ago

I'm generally not in favor of violence but it's probably worthwhile for the very rich to remember that it's an option when they get more "win more" mechanics and successfully block the "catch up" mechanics in society. These apparent 'victories' for the rich prevent the gradual release of "pressure" and sets up the system to explosively pop.

The "I deserve this" ideology is a great danger to the super-wealthy because it blinds them to the more profound truth: unbalanced games are not fun and ultimately fail. Arguing against game balance because you've used (maybe even discovered) degenerate strats to acquire a huge resource lead is immature and short-sighted because if the game itself fails none of those resources will have any value.

mjburgess• 4 years ago

You'd have to square this against the significant wealth of those who are best able to revolt, ie., all of us. The historical standard of "wealth" for revolution was basically "none". Once you hit mass starvation, you're there.

Violent revolutions are conducted either by the court (of the king) who use the desperation of the very poor; or by envious almost-wealthies likewise able to rabble-rouse the very poor.

The problem you have with your theory is: we are all very rich against the "revolt wealth" standard. Greece, post-crisis, lost 25% of its GDP. If that had occurred in almost any decade in human history there would be a violent revolt. Today a loss of 25% GDP goes from very rich, to quite rich.

Almost everyone who could revolt is far too wealthy to risk it. The european poor arent going to risk their benefits to revolt against taxpayers. These benefits constitute an insurmountable wealth-floor on revolution.

The rich can do whatever they like, envy isn't enough here.

javajosh2• 4 years ago

I'm not a historian, let alone of revolutions. I've heard it said too that starvation is the only thing that really causes a revolt - and yet I know of at least one counter-example, the American Revolution. That revolution happened because the King would neither address the needs of the colonists nor allow them to address their own needs, and felt his position was so dominant that the colonists had no choice but to accept his rebuke. Perhaps if the King had been more considerate of the colonists' needs there would have been no revolution, and England could have traded away a small fraction of control to retain an enormous chunk of empire. I think the parallels to the modern situation are clear.

euroderf• 4 years ago

This reminds me of a friend's observation: that here in Finland (a "welfare state") you do not see a lot of police out. My friend's theory was that social services forestall social desperation, keeping the crime rate lower. An insurmountable income-floor on criminality.

samwillis2• 4 years ago

I have a friend who is a pilot for a privet jet charter company, he has not only had a very busy summer, they have been super busy since covid hit. They were restricted from taking any (none required) time off for the last few months.

On the other hand another friend who flys long haul for a large national branded airline has had a fairly slow few years.

Private Jets to Ibiza, Paris Surge as Rich Evade Travel Chaos

Related Stories