Oleg Tinkov does not fly

Billionaire put up for sale his private jet. In 2016, the banker laid out at least $ 50 million for Dassault Falcon 7X.
26.02.2019
Forbes
Origin source
Oleg Tinkov, the main owner of the Tinkoff Bank, decided to sell his Dassault Falcon 7X aircraft. Information about its sale appeared at brokers. The price of the aircraft is issued on request.

In April 2016, Tinkov spent at least $ 50 million to purchase the aircraft. The Falcon 7X has a capacity of 19 passengers and 3 crew members. The salon is focused on passenger comfort with the expectation of a 13-hour non-stop flight or 12,000 km. According to Jet24 managing director Pavel Zakharov, the cost of operating this aircraft ranges from $ 3 million to $ 6 million, but this depends on the intensity of operation. The aircraft is registered on the Isle of Man on the company Stark Limited, which is owned by Tinkov.

The businessman tenderly treated the salon Dassault Falcon 7X and its stuffing. He personally negotiated with the manufacturer. On the plane flaunts tail number M-TINK, derived from the name of the billionaire. The logo of the bank is placed on the keel and in the cabin of Falcon 7X. Before the purchase, Tinkov published photos of the Falcon 7X and signed, “this is my impossible dream.” But after the purchase he wrote: “Fear your desires, they will be fulfilled. This is the best business jet in the world in terms of price / quality ratio, a powerful and stylish “Frenchman,” the billionaire wrote in his Instagram.

The representative of Oleg Tinkov confirmed Forbes that it is a question of changing the aircraft.

Tinkov often changes planes and does not fly on one plane for a long time. From 2013 to 2016, he changed three Falcon jets, all of which were registered on the Isle of Man. The first two aircraft - Falcon 2000LX and Falcon 900LX - are similar in their characteristics. These are relatively light jet aircraft with a range of about 7,000 km without refueling.

The businessman very actively uses the jet - the plane was in February in Tallinn, in January in the canton of St. Gallen (Switzerland), Sofia (Bulgaria), London, and in December visited Lyon (France), Cartagena (Colombia), Geneva, Stockholm and Tyumen. “Taking into account that he has a new aircraft and he is actively using them, he most likely received an offer to purchase a new one or a deal has been made to use a more convenient financing scheme for the aircraft,” says Pavel Zakharov from Jet24. The founder of the Beam airport, Dmitry Semenikhin, says that mostly Russian businessmen prefer to buy larger planes and sometimes keep them for up to 10 years - this is the optimal period after which the plane can be resold to someone for adequate money. “Businessmen rarely hold more than two aircraft, except when jets are used as a corporation fleet,” says Semenikhin.

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