Russia's jet-setting elite have made the Moscow-Nice/Cote d'Azur route the most popular private jet path in the world, according to the Wealth Report released by Knight Frank real estate consultancy.
Russia appears on the list twice: The London-Moscow route is listed as the sixth most popular route for private jets.
Moscow's prominence on the list reflects "the ongoing importance of Russian wealth in luxury property markets in Europe and the U.S.," the report said.
The other four routes making up the top five are Miami to New York, New York to Los Angeles, New York to West Palm Beach and London to New York.
The United States remains the world's most important private jet market, due to 60 percent of private jet traffic starting and ending there, the report concludes.
The report is based on travel data for 2013. Bloomberg reported last year that the number of Russians traveling from Moscow to Nice had fallen by 9 percent in June as travel bans and sanctions imposed on Russian individuals over Russia's annexation of Crimea began to take their toll on potential holidaymakers.
Knight Frank used data released by NetJets, which offers rental and part ownership of private business jets, Eurocontrol, the European organization for air navigation safety and SAS airlines.
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.
