Facebook Investor Usmanov Said to Acquire Wide-Body A340 Jet

Billionaire Alisher Usmanov received the biggest private jet in Russia, a wide-body Airbus A340-300, as he was selling $1.4 billion of stock in Facebook Inc.’s initial public offering, two people familiar with the matter said.

Usmanov named the long-range, four-engine craft after his father, Bourkhan, according to one of the people, who declined to be identified because the information is private. Airbus stopped producing A340-300s last year, according to its press office.