Saudi billionaire buys personal Airbus

Prince Alwaleed bin Talal, the Saudi billionaire who withdrew support from Citigroup's chief last week, is the first person to buy his own Airbus A380 and, according to the New York Times' Lede blog, initiate what could be a market for individual Airbus sales.

Prince Alwaleed bin Talal, the Saudi billionaire who withdrew support from Citigroup's chief last week, is the first person to buy his own Airbus A380 and, according to the New York Times' Lede blog, initiate what could be a market for individual Airbus sales.

Business Week reports that the prince described his new toy as a “flying palace.” Also noteworthy for the air carrier but not nearly as interesting, Dubai airline Emirates placed a hefty order, the company's most valuable ever.

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