According to Bloomberg, Prince Alwaleed re-sold his private A380 in order to invest in Middle Eastern companies.
Prince Alwaleed Bin Talal Al Saud, the world’s 15th-richest person, sold his Airbus A380 jet plane in the past four months, according to Shadi Sanbar, chief financial officer of the billionaire’s Kingdom Holdings Co.
The 57-year-old, who bought the plane in 2007, used the proceeds from the sale to expand his investments in Saudi Arabia and the greater Middle East, Sanbar said in an e-mail to Bloomberg News. He would not disclose the buyer or the sale price, citing “strict confidentiality” agreements.
Any thoughts on the new owner? My guess is it's a new private owner considering the interior investment made for that frame, however what could be the feasibility of re-selling to a regular airline?
Whole story here: http://www.bloomberg.com/news/2013-0...o-invest-in-middle-east-firms.html