[johnsonjo]

No, I don't believe fuel and depreciation are being destroyed. I think that is the difference between this situation and the broken window parable. They are simply being traded for a service to arrive at destinations swiftly. If we judge purely off opportunity cost the billionaire's time is worth a lot more than the average layman. The extra cost in the goods and services of a private jet may very well be worth the expense to the billionaire.

[Retric]

Renting a jet to get from A > B is no slower. But, it's a lot cheaper and the difference in costs is not a net economic benifit.