Dossier
Mike Francis
Coverage of Mike Francis in the Nexus archive.
- I help billionaires buy private jets. Sometimes I tell them not to.
Mike Francis, head of aviation finance at Citi, advises wealthy clients on private jet purchases, warning against spending more than 10% of their net worth. He notes rising demand for amenities like high-speed WiFi and workspaces, while emphasizing the financial burden of ownership. Private jet usage has increased significantly, with 3.9 million flights in 2025.