Etihad Airways has (literally) outclassed everyone in the field—this time, the high end carrier has launched The Residence, the world's first-ever private multi-room cabin on board a commercial passenger aircraft.

You won't even feel like you're on a plane—the 125 sq. ft. space is as good as a designer hotel suite, complete with a double bedroom, separate ensuite shower room and living room that's decked out in Poltrona Frau upholstery. There's also a 32-inch LCD TV in the living room and 27-inch LCD TV in the bedroom (no more squinting at mini in-flight screens), plus Wi-Fi connectivity and a Panasonic eX3 entertainment system.

Service is top-notch, too, obviously, with Savoy Butler Academy-trained butlers at your beck and call, plus a dedicated VIP Concierge team taking care of matters like ground transport, custom menu planning and check-in.

The price for royalty? A cool $29,594 for a one-way trip between Singapore and London. High-flyers can start booking The Residence in 2015.