Seasoned in their coverage of the many laments of being rich, the NYTimes talked to many current and former jet owners about what's happening. It's pretty much a given now that if you're taking bailout cash (and these days, who isn't?), the jets have to go. Making now totally the time to buy!

“A year ago, there would be 30 people looking for one airplane,” said Jay Mesinger, a corporate jet broker, who said that prices had fallen 30 to 40 percent since late 2007. “Today there are 30 airplanes looking for one buyer.“

Aside from the U.S. becoming one giant used jet lot for the young emirs and oligarchs of the world, something tells me that the hip-hop community will raise up and do its part to keep the Gulfstreams of the world in solvency. They've never really had a problem with blatant displays of excess, have they? [NYTimes]

Pictured above is a relaxing area for business meetings and general partying, and many of those seats can be converted into beds. Click through the gallery below for pictures of its huge board room and a luxo-sport bar for carousing at 35,000 feet, as well as generic pics of the Airbus 380 exterior. We just want to see a picture of that 600-square-foot master bedroom with its miraculously quick draining whirlpool tub. – Charlie White

Update: The picture of the dining room/boardroom in the gallery is designed by Edése Doret, the others are possible designs for the Airbus A380 created by Lufthansa Technik.

Airbus A380 VIP 'Flying Palace' Interior Design Unveiled [Space.com, via Born Rich]

An Arab oil magnate is spending $300 million on an Airbus A380, with another $100 million earmarked for the interior. What does that kind of scratch buy you? Peep this.

New York-based jet-interior expert Edése Doret who will be designing the A380 for the customer says it will include two dining halls, one 600 foot master bedroom, game room, lounge with giant curtains that will mimic tents of the Arabian desert, and a fiber-optic mosaic that will depict a shifting desert scene. Plas include a whirlpool tub (first in the air) with a rapid drainage system that can empty the standing water in seconds to a tank in the cargo hold and a missile defense system too.

Amazingly flashy WSJ video on the jet after the hop.

–Adam Frucci

Wall Street Journal [via New Launches]

Tongues are wagging at Valleywag, where our gossipy stepsisters turn us on to a map of the luxo-sport private jet owned by Google cofounders Sergey Brin and Larry Page. The two GoogleMoguls snagged a used Boeing 767, an usually large plane for use as a private jet. The wide-bodied behemoth is big enough for bedrooms, a lounge, a dining room, and even multiple bedrooms, one with a California king-size bed.

There were disputes between the two cofounders revolving around who would get such a gigantic bed and if it would even fit into the party-plane's bedrooms. They also requested hammocks hanging from the ceiling and other weirdnesses. Soon, another dispute arose with the designer who was summarily fired for "not doing his job properly." Alas, lawsuits have begun to fly, as is usually the case with the superrich, who are different from you and me. – Charlie White

Lawsuits Fly Over Google Founders' Big Private Plane [Wall Street Journal (free), via Valleywag]