While it’s possible that Bieber owns the jet through a corporation or limited partnership, even that seems unlikely, according to FAA records.
Under federal regulations, all private aircraft and their owners must be registered with the federal agency. For identification purposes, each aircraft, no matter how small, receives what’s known as an “N” number. They’re unique to every aircraft.
The FAA’s records are open to the public and updated daily. If he made the purchase before Christmas, it should show up in registration records.
It’s possible Bieber is still awaiting delivery and hasn’t taken possession of the jet yet. But since he posted photos of himself on Instagram, supposedly sitting in his 14-passenger, customized aircraft, he’s clearly suggests he already owns it.
“Yes, I got a 14 passenger jet. Got to give them another reason to hate, but I will motivate the people that are ambitious and want to be winners in life. I am guilty! ” said BFF Floyd Mayweather, welcoming Bieber to the “Private Jet Club.”
Justin reportedly paid at least $60 million for the elite jet, according to gossip site TMZ. But that’s just the base price. Any options, like custom interiors and so forth, would jack up the price.
On the other hand, it’s possible to pick up a used G6 for around $20 million, according to an aircraft broker.
But the costs don’t end there. If Bieber actually owns the jet it will likely set him back $445,000 a year in crew costs, hanger fees, insurance and other miscellaneous costs, the broker says.
Added to that are so-called “variable costs” that pile up everytime time the plane takes off. On a per-hour basis, they include Fuel (320 gph at $5.80 per gallon) $2,204.00, airframe maintenance, $243.39, Engine/APU Maintenance, $709.51, and other miscellaneous expenses, $350.
That brings total variable costs to $3,263.51 per hour. To fly the aircraft just 100 hours a year would cost an estimated $771,000. Fly it for 1,000 hours and the cost skyrockets to about $3.7 million a year.
Needless to say, most G6’s are owned by corporations and not that many are in service.
Currently in California, only five Gulfstream G650s are registered with the FAA, and none of them appear to have a connection to Bieber.
The jets are registered to David Geffen Corp., Sabin Music Group, MPM Financial LLC, ALC 6091 LLC and Swiflite Aircraft Corp.
Music Mogul David Geffen is one of the obvious owners, while Sabin is headed by by Haim Saban, the 70-year-old president and chief executive. The other three owners are a financial services company and two companies that operated the aircraft commercially.
On the other hand, 76 older model Gulfstream G450s are registered in California. The overwhelming majority are registered to corporations or limited liability corporations (LLC). The same goes for another 25 G550 models. But none appear to be connected to Bieber.
There are, however, a few familiar names in the list. Movie mogul Jerry Bruckheimer and Hustler magazine owner Larry Flynt both own G4s.
As for Bieber, his claims to belong in the Private Jet Club appear premature at best.
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