Nicolas Sarkozy's `bling bling' reputation reached new heights today when it emerged his new £50million jet has been named `Carla' after his glamorous third wife.

The French President defied the recession last year to order £240million worth of planes, including an Airbus designed to be bigger than any flown by other European leaders, and two corporate run-arounds for shorter trips. 

The first, a hugely luxurious Dassault Falcon 7X with a range of 6000 nautical miles, has now been delivered complete with the hand-painted legend `Carla One' glistening on its side, in honour of First Lady Carla Bruni.