Dubai-based business aviation services group ExecuJet Middle East and NasJet, the private aviation arm of Saudi Arabia’s National Air Services (NAS), are to jointly operate a new FBO at King Khalid International Airport in Riyadh. The facility will occupy some 16,000 sq ft in the airport’s private aviation terminal.
NetJets terminated its franchise agreement for Middle East fractional aircraft services with National Air Services (NAS) of Saudi Arabia this week. NAS CEO Sulaiman Al-Hamdan conveyed the news to NAS employees in an email on Monday, while promising that the company’s business would continue as is.
Fractional-operator NetJets has terminated its franchise agreement regarding fractional services with National Air Services (NAS) of Saudi Arabia, AIN learned today.
Publicly owned Air Arabia, the region’s largest low-cost carrier, operates 16 Airbus A320s, has ordered another 44 and plans to open a third operating hub in Alexandria, Egypt, in early 2010, perhaps at the beginning of the northern summer season in late March.
Continued eastward migration of low-cost carriers (LCCs) from North America and Europe to regions such as the Middle East and Asia arguably has established the credibility of this air transport business model.
Embraer sees Arab operators of its 64- to 114-seat E170/175 and E190/195 regional jets (E-Jets) as providing a good example of what it views as the “right-sizing” of passenger services. By matching capacity to demand such carriers can enhance yield through increased flight frequency rather than continuing possibly marginal operations with larger single-aisle aircraft such as Airbus A320s, Boeing 737-500s and McDonnell Douglas MD-90s.
National Air Services (NAS) of Saudi Arabia has signed a five-year contract with Lufthansa Technik for total component support (TCS) for up to 40 aircraft. The agreement includes services for several executive jets based on single-aisle airliners. Moreover, both Lufthansa Technik and NAS Group are evaluating opportunities to cooperate in aircraft maintenance.
Gulfstream kicked off EBACE with an order for three G450s (and options on another 17) from National Air Services (NAS) of Riyadh, Saudi Arabia. The agreement, potentially worth more than $650 million if all options are exercised, calls for delivery of the first aircraft in the third quarter of 2009. Deliveries will continue for the following five years. NAS ordered three G450s in 2005 for delivery before the end of this year.
Gulfstream kicked off its EBACE press conference yesterday with a contract signing for 20 G450s (three firm and 17 options) destined for National Air Services of Saudi Arabia. The agreement, potentially worth more than $650 million if all options are exercised, calls for delivery of the first aircraft in the third quarter of 2009. Other deliveries will continue for the following five years.
Jeddah, Saudi Arabia-based National Air Services (NAS) has ordered five Airbus A318 Elites, a 15-seat, luxury version of the 100-seat-class airliner. In an announcement made during the first Middle East Business Aviation Conference here in Dubai yesterday, the operator also optioned five more of the twinjets.
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