EBACE Convention News

Prestige Jet buys five G650s

 - May 19, 2008, 4:08 AM

Prestige Jet of Abu Dhabi signed a letter of intent at EBACE for the purchase of five Gulfstream G650 long-range executive jets to be delivered in 2012. The Middle East company founded in 2007 aims to build up its own mixed fleet of aircraft in response to variable needs of its customers, while its sister company Prestige Air Charter is offering ad hoc charter brokerage throughout the region.

Prestige Jet opened a luxurious passenger lounge at Abu Dhabi’s Al Bateen City Airport in April and intends to continue making Abu Dhabi a more dynamic business and leisure destination than in the past. According to managing director Faris Deeb, the company has launched a multi-million dollar investment program to build up its fleet.