Kannur: A Gulfstream G550 owned by overseas Malayali business tycoon M A Yusuff Ali will be the first private jet to land at Kannur international airport. Ali will be arriving in the jet on December 9 to take part in the inaugural function of the airport scheduled the next day.
The jet was purchased by Ali two years ago at a cost of around Rs 360 crore.
Ali, the richest Malayali in the world, also owns another jet – an Embraer Legacy 650 costing around Rs 150 crore which can carry 13 passengers. He is the Chairman and Managing Director of LuLu Group International.
Gulfstream jets are manufactured by General Dynamics, a company based in Virginia, US. Gulfstream 550 can carry 14-19 passengers and has a range of up to 12,501 km. Its maximum speed is 488 knots (around 900 kmph). According to the manufacturers, the aircraft can fly up to 12 hours non-stop.