Ronaldo buys Israel Aerospace Gulfstream jet

Cristiano Ronaldo

The Real Madrid star paid €19 million for the Gulfstream G200 business jet, the Portuguese media reports.

Real Madrid star Cristiano Ronaldo has bought a business jet made by Israel Aerospace Industries Ltd. (IAI) (TASE: ARSP.B1). The Portuguese media reports that he paid €19 million ($20.5 million) for the second-hand Gulfstream G200.

According to Portuguese newspaper "Correo da Manha," Ronaldo took his inaugural flight in the private jet this week when flying from his home in Madrid to London to watch the premier of the film documentary about him.

The Gulfstream G200 can hold up to 10 passengers as well as two pilots and has a kitchen, two bathrooms, a range of 6,296 kilometers and cruising speed of 850 kilometers per hour. The G200 was developed and designed by IAI and made its debut in 1997 as the Galaxy but was renamed the Gulfstream following a collaboration agreement with US company Gulfstream, which has marketing rights for the jet and also produces the luxury interiors.

Ronaldo has bought an old version of IAI's jet. In 2011 the G200 was superseded by the improved G280.

Published by Globes [online], Israel business news - www.globes-online.com - on November 13, 2015

© Copyright of Globes Publisher Itonut (1983) Ltd. 2015

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Cristiano Ronaldo
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