Asia

May 17, 2014 - 5:00am
Thierry Boutsen, retired Formula-One race car driver and head of Monaco-based aircraft brokerage Boutsen Aviation, sees Saudi Arabia at the forefront of the burgeoning business aviation market in the Middle East, where it maintains a large database and from which comes 30 percent of the firm’s clients.

Aircraft registrations in the Middle East business aviation market could grow to 1,300 units by the end of the decade, and business aviation in the Middle East is undergoing unprecedented changes, according to Thierry Boutsen, former Formula 1 race-car driver and founder of Monaco-based brokerage Boutsen Aviation.

May 17, 2014 - 2:00am

After the third running of the Bahrain International Airshow (BIAS, Stand 1183) this past January was hailed as a success by its organizers, preparations are already being made for the next event in 2016. Hopes are high that it can surpass commercial deals of around $2.1 billion–the 2014 figure that was more than double that of 2012.

May 17, 2014 - 2:00am
MEBAA chairman Ali Al Naqbi has played a key role in dealing with regional business aviation issues.  (Photo: Peter Shaw-Smith)

The Middle East Business Aviation Association’s efforts to help regulators take the initiative on pressing business aviation issues in the region, such as oversight and the gray-charter market, have helped to create debate in the Gulf, a market that is one of the most important to aircraft manufacturers.

May 7, 2014 - 3:55am

Airbus- and Boeing-approved completion center Aeria Luxury Interiors of San Antonio, a subsidiary of ST Aerospace, highlighted its recent cabin refurbishment of a Boeing 767-200, and plans for its first BBJ green cabin completion. The BBJ is scheduled to arrive at Aeria from Boeing this December. Its interior will incorporate a humidification and zonal drying system to enhance passenger comfort, said Ron Soret, v-p and general manager for completions. Delivery to the customer is expected in October next year.

May 2, 2014 - 2:55am

ExecuJet Aviation Group’s Middle East joint venture with Saudi Arabia’s NasJet at the private aviation terminal at King Khalid International Airport, Riyadh, which opened less than a year ago, is benefitting from robust levels of business in the Saudi capital, and is likely to continue to see higher levels of aircraft movements than regional hub Dubai, a company official said last month at MEBAC in Riyadh.

May 2, 2014 - 2:55am

The Saudi market accounts for almost half of the 550 business jets in the Gulf Cooperation Council (GCC) region and is growing at 10 percent a year, the head of a leading Saudi Arabian aviation company said in Riyadh at last month’s Middle East Business Aviation Conference.

May 2, 2014 - 2:55am

Saudi Arabia saw almost 30,000 business jet movements last year, including 10,737 in Riyadh, 9,740 at Dammam and 9,392 in Jeddah (a total of 29,869 movements), according to data compiled by WingX for the Middle East Business Aviation Association (MEBAA) show. Boeing has the strongest OEM presence in the kingdom, with 38 aircraft in 10 Middle East countries; since 2000, Airbus has sold 13 new aircraft in the region, Embraer eight and Bombardier five.

May 2, 2014 - 2:45am

The Middle East’s gray market for charter is more active than in other parts of the world, despite efforts to crack down on it, and can represent up to 20 to 40 percent of bizjet flights, depending on the time of year, aviation officials said at MEBAC in Riyadh last month.

April 29, 2014 - 9:01am

Long hindered by political and economic sanctions, Myanmar has emerged as one of the remaining frontier markets in Southeast Asia. Since the 2012 elections, the Thein Sein Administration has taken great strides to unlock the country’s economic and tourism potential. A highly competitive market has developed in just two years.

April 17, 2014 - 10:10am

Requests for charter flight price quotes, a bellwether of business aviation activity, have been growing in China by more than 20 percent annually over the past three years, according to data released this week at ABACE 2014 by Avinode. Quote requests for flights to and from China, Hong Kong and Taiwan grew from 9,701 in 2011 to 11,684 in 2012 (up around 20.5 percent), and to 14,369 last year (up around 23 percent).

 
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