Executive Sky Sees Phenomenal Growth
Executive Sky managing director Khaled Akkawi said yesterday that growth at his two-year-old Beirut, Lebanon-based charter company has been nothing short of phenomenal, with "2010 revenues up 500 percent over 2009." Executive Sky currently operates a two-aircraft fleet, a Learjet 60 and a Hawker 700.
Marketing coordinator Christine Mdawar said the company hopes to have its first large-cabin business jet, a Falcon 900, operational for charter next spring. Executive Sky might base the 900 in Saudi Arabia to reduce ferry time to that region's client base.
As the exclusive broker/operator for these aircraft, Executive Sky sets an ambitious business goal of 100 charter hours per month for each aircraft. Mdawar said the company reached that goal a few times in the past year, especially during the high season. She said the company's most popular destinations this year, all from Beirut, have been Dubai; Nice, France; Riyadh, Saudi Arabia; and London airports Farnborough and Luton. Customers' aircraft of choice for the short trips is the Hawker 700, while the Learjet 60 can make it to the UK non-stop under most condition