Business

December 10, 2012 - 1:50pm
Airbus' new Gala cabin concept

Airbus Corporate Jets is launching its new Gala cabin concept for the ACJ330/340 wide-bodies here at MEBA 2012. The choice of Dubai for the announcement should come as no surprise: the Middle East represents the most important market in the world for wide-body business and VIP aircraft.

December 10, 2012 - 1:15pm
Oryx Jet Global 5000 Interior

Based at London-Biggin Hill, Oryx Jet begins operations this month with a new flagship: a Bombardier Global 5000. The company already operates a managed fleet of Hawker, Falcon 50 and Challenger jets, plus a number of helicopters.

December 10, 2012 - 12:30pm
Like a mirage in the  desert, the MEBA aircraft park shimmers under a December sun. Some 7,000 visitors from around the world journeyed to Dubai  to rub shoulders with like-minded aviation travelers.

The Middle East Business Aviation (MEBA) show’s first appearance at the Dubai World Central aerotropolis Al Maktoum International Airport is expected to see a record number of attendees, “with over 7,000 trade visitors expected,” show organizer F&E Aerospace told AIN yesterday.

December 10, 2012 - 11:45am
Challenger Flight Simulator

Montreal, Canada-based flight training provider CAE is celebrating the tenth anniversary of its Emirates-CAE Flight Training (ECFT) center during MEBA this week. The center was created in partnership with the Emirates Group in 2002, and some 4,000 pilots per year are trained there now.

December 10, 2012 - 11:23am

American International Group has agreed to sell up to a 90-percent stake in International Lease Finance Corporation (ILFC) to a group of Chinese investors led by Weng Xianding, the chairman of New China Trust Company, AIG announced today.

December 10, 2012 - 11:00am

According to Avinode (Stand 212), the Sweden-based aviation business intelligence house and charter marketplace, although Turkey has been experiencing major growth in business aviation in recent times, with an increase of 4.8 percent from January to October, this has now been hit by the effect of the conflict in neighboring Syria.

December 10, 2012 - 11:00am
The construction of the facility is expected to be finalized over the next couple of years.

The only big-three Middle East airline player to have an executive jet operation, Qatar Executive is expanding its fleet, preparing for the opening of its FBO at New Doha International Airport in 2014, and increasing destination options for its customers.

December 10, 2012 - 10:45am
Gama Group handles all business aircraft at Sharjah International Airport under a five-year contract signed this year with the Sharjah Department of Civil Aviation.

Gama Group, the fast-growing business aviation services group, is quickly settling into its new base at Sharjah International Airport. The Farnborough, UK-based company is finding that customers now recognize the limitations of Dubai International Airport, which has become increasingly busy with airline traffic, making it hard for business aircraft operators to get convenient slots–especially at short notice. Meanwhile, Gama’s move into Saudi Arabia with new FBOs planned in Jeddah and Riyadh are coming together fast.

December 10, 2012 - 10:40am

Airbus Corporate Jets launched its new Gala cabin concept for the ACJ330/340 widebodies today at MEBA 2012. The concept is applicable to A330s and A340s, which essentially have the identical cabins between doors two and three. In this cabin zone, Airbus proposes the installation of a VVIP fit encompassing a master bedroom, master office and conference area. Governments requiring head-of-state aircraft are seen as the main potential customers.

December 10, 2012 - 10:35am

The second biannual MEBA Conference (MEBAC) convened in Dubai Marina today to tackle the issues facing the regional industry, underscoring evils posed by the gray market and the disconnect between regional operators and regulators as they attempt to curb it. The gray market–when an aircraft carries paying passengers without an air operating certificate–has caused consternation in the business aviation industry in the Middle East, as legitimate operators see earnings whittled away by fly-by-night operators cutting corners and failing to provide proper insurance.

 
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