Saudia Private Aviation Sees Double

AINalerts » December 10, 2012
December 10, 2012, 10:15 AM

Saudia Private Aviation (SPA), the business jet arm of Saudi Arabian Airlines, is seeing increased interest from businesses in the Kingdom in acquiring new aircraft, as it prepared to open the country’s largest FBO in Jeddah. “SPA’s operations will grow 100 percent year-on-year this year,” said SPA CEO Wajdi Al Idrissi. “The government is spending the money and there is no decline in growth. In Saudi Arabia, private aviation is growing at 15 to 20 percent a year.”

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