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Planes carrying delegates attending the 2016 World Economic Forum in Davos, arrive at an airport in Zurich. Photo: Marina Lystseva/TASS/Getty Images

Many of the world's billionaires will be at the World Economic Forum in Davos, which kicks off Tuesday, and private jet provider Air Charter Service predicts there will be close to 1,500 private jet flights over the week.

By the numbers: That's a 50% increase from the service's 2018 prediction of 1,000 private jet flights. The website noted it ended up totaling more than 1,300 aircraft movements, an 11% increase from 2017 and the highest number on record.

  • Air Charter Service's website also points out: "According to WingX figures the average number of aircraft movements — arrivals and departures ... for the week of the forum ... rises to an average of 218 — an increase of 335%, with the two busiest days ... seeing 251 and 301 movements, respectively."
  • "Top countries involved in terms of arrivals in and departures out of the airports were Germany, France and the U.K. The U.S. came in fourth with 41 arrivals and 51 departures."

Yes, but: The estimates do not include helicopter trips.

Go deeper: 2 stark stats as the global elite descend on Davos

Go deeper

7 hours ago - World

Biden seeks to reboot U.S. sanctions policy

Sanctions increased under Obama and dramatically under Trump. Photo: Tom Williams/CQ Roll Call

The Biden administration is rethinking the U.S. approach to sanctions after four years of Donald Trump imposing and escalating them.

The big picture: Sanctions are among the most powerful tools the U.S. has to influence its adversaries’ behavior without using force. But they frequently fail to bring down regimes or moderate their behavior, and they can increase the suffering of civilians and resentment of the U.S.

7 hours ago - World

Merkel's farewell spoiled by Poland crisis at EU summit

One last awkward EU "family photo." Photo: John Thys/AFP via Getty Images

Angela Merkel took up her vaunted mantle as Europe's crisis manager for what could be the last time tonight, as she urged the EU to find compromise in its showdown with Poland.

Why it matters: The European Commission has threatened to withhold over $40 billion in pandemic recovery funds after Poland's constitutional tribunal — stacked with loyalists from the ruling right-wing populist party — rejected the principle that EU law has primacy over national law.

Republicans who put it all on the line

Rep. Nancy Mace speaks with reporters after voting to hold Steve Bannon in contempt of Congress. Photo: Anna Moneymaker/Getty Images

A small contingent of House Republicans risked their political futures on Thursday, they say, in the name of constitutional responsibility.

Why it matters: The nine Republicans who voted to hold former Trump aide Steve Bannon in contempt of Congress are now in peril of becoming political pariahs. They've opened themselves up to potential primary challengers and public attacks from their party's kingmaker — former President Trump.