“[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.”
If you aren’t a pilot, some of the aviation-related terms you encounter may seem confusing. Here’s a glossary to help assure that when you hear words and acronyms from industry people, you’ll nod with understanding instead of pausing with puzzlement.
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