“[New billionaires in fast-growing countries] have to buy longer-range airplanes. If you’re flying from Mongolia to Nigeria, it’s either a three-day journey flying commercial or a nine-hour flight on your jet.”
Panamanian Resort Breaks Ground for Private Airport
Cuna de Vida, a new brand of luxury resort, has announced the start of construction of Del Rey Airport, which it said will be the world's first full-service, private international airport. It will be located on Isla Del Rey in the archipelago of Las Perlas in Panama and will accommodate aircraft as large as the Boeing Business Jet. The terminal will house a lounge and customs and immigration services, and fueling and resort ground transportation will be available. The airport represents the first development phase of Cuna de Vida, which will include luxury resorts, a marina, spas and a restaurant.