Zurich-based ExecuJet Aviation is to set up a new charter and aircraft management operation in Qatar in a bid to expand its footprint in the growing Middle Eastern market. Yesterday, the company sealed an agreement with Doha-based Al-Faisal Holdings, which will be its local partner in the new venture.
The opportunity for "travel in record-breaking time" along with 24/7 service is the promise of Saudia Private Aviation (Chalet A3), and the Saudi Arabian Airlines subsidiary has certainly been tooling up for the task over the last two years.
MIU Events and Exhibitions Group India is hosting the Indian Business Aviation Expo from February 21 to 23 at the Hotel Shangri-La in New Delhi. The 2011 event has been expanded to include more exhibitors, and delegates can attend sessions that include the prospects for business aviation in the region, aircraft financing issues in India and regulatory and infrastructure challenges in the emerging country. Registration is $240 per person.
Korea Aerospace Industries (KAI) is courting outside manufacturers to participate in its KF-X stealth fighter program. This program is expected to produce more than 120 aircraft for South Korea’s air force, and may be offered as an export to interested countries. The program’s total cost could reach $8 billion, which is causing the government of South Korea to hesitate in giving its approval.
European manufacturers of major defense equipment face a struggle to secure new contracts in the Middle East against American competition, as evidenced by the latest Saudi arms deal. The huge F-15 deal probably ends Royal Saudi Air Force (RSAF) interest in a second batch of Eurofighters.
On October 20 the Defense Security Cooperation Agency lodged four separate notifications with the U.S. Congress covering a huge foreign military sales arms package for Saudi Arabia, with Boeing the major beneficiary if the procurements go ahead.
This year’s Middle East Business Aviation show, to be held in Dubai December 7 to 9, is set to be the biggest event yet. According to Fairs & Exhibitions, the company that organizes the biennial event, the 2010 show will have about 40 percent more exhibitors than in 2008, with 350 companies booked. The number of trade visitors is expected to climb by around 27 percent to reach 7,000.
Sometimes business mixes with politics in less than subtle ways, as a dispute over landing rights in Toronto for Emirates Airline and Etihad Airways clearly illustrates.
On October 20, U.S. Defense Security Cooperation Agency lodged four separate notifications with U.S. Congress covering a huge foreign military sales arms package for Saudi Arabia, with Boeing the major beneficiary if the procurements go ahead.
JetEx Flight Support, an aviation services company with more than 260 locations worldwide, has agreed to donate to Unicef 1 percent of the revenues it generates by providing overflight and landing permits. The agreement, which took effect October 15, will be effective through April 15 next year.