Things haven't got quite so bad that that is news in itself - what makes this remarkable is that it has been bought as a private jet.
The BBC story quotes Airbus:
Airbus said the individual, "not from Europe or the US", would use the plane for "personal use for him and his entourage",
Which is a longwinded way of saying "we sold it to a Middle Eastern prince"
Prince Bandar's private plane will be ten years old next year. Coincidence?