Musings of the Global Traveller discusses an offer that’s been fleshed out on Flyertalk: using an offer from Lufthansa Private Jet of 50,000 miles (which count towards status and HON Circle) per international segment that lasts through early June.

You need to get a group together to make the costs work out, but it’s a ‘cheap’ way to earn the incredible HON Circle status level in style.

HON Circle status perks include access to the fabulous Lufthansa First Class Terminal and Lounges, Senator status for partner, 6 upgrade e-vouchers, frequent op-ups, guaranteed seat availability and improved award availability (eg additional award seats on Lufthansa and Swiss plus all Miles & More customers can benefit from premium cabin awards on Singapore Airlines 77W and A380 aircraft) which will come in handy given the number of miles HON runners will have accumulated.

Perhaps the most attractive feature for some Flyer Talkers is that qualifying now for HON Circle status gives HON Circle status until February 2013 and Senator status until February 2015.

Plus, it’s a mileage run on a private jet. Pretty sweet, though not inexpensive.