The previous record for the most expensive air ticket was also held by Etihad Airways. It's one way ticket for The Residence on the New York-Abu Dhabi route costs $32000.
The Residence is the first three-room suite on a commercial jet and has won Etihad Airways a number of awards for first class travel.
Its living room has a 32in flat-screen LCD TV, leather double sofa and two fold-away dining tables, where a Savoy-trained butler serves bespoke meals prepared by an on-board chef.
A hallway leads to a bedroom that boasts a first-of-its-kind double bed, with designer Italian bed linen. A 27in flat-screen TV is mounted on the wall.
Before landing the suite’s passengers can freshen up in a bathroom that has a shower, make-up mirror and hairdryer.
The cost of the ticket includes luxury chauffeured transport to and from the airport, private check-in, access to a private lounge and a personal travel concierge who can do everything from reserve a table at a restaurant to source tickets to a concert or sporting event.
In addition to Etihad Airways' New York-Mumbai route, these are some of the world's most expensive return flights:
Etihad, New York-Abu Dhabi – £42,000 ($64,000)
Etihad, London-Mumbai – £35,000 ($52,000)
Emirates, Los Angeles-Dubai – £23,500 ($36,000)
Cathay Pacific, New York-Hong Kong - £18,000 ($28,000)
Etihad, Los Angeles-Abu Dhabi – £18,000 ($28,000)
Japan Airlines, Tokyo-London – £13,250 ($20,000)