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.
ahrain-based charter operator Bexair has been granted an aircraft operator’s certificate in Saudi Arabia. The company established a subsidiary in Riyadh last year and it is now aiming to secure long-term charter contracts from Saudi customers.
Embraer has appointed the Al Saif Group its authorized sales representative for its business jet family in Saudi Arabia. The Riyadh-based company is a diversified group active in sectors including automobiles, heavy equipment, healthcare, defense, security and real estate. It will be handling sales of the Lineage, Legacy and Phenom series of aircraft.
Dubai-based Empire Aviation Group (EAG), founded just last year, is already laying plans for its expansion across the region. The company has appointed a representative sales agent in Qatar and is committed to a joint venture with an unnamed
MAZ Aviation chairman Mohammed Al-Zeer yesterday unveiled a new group of companies that will bring several specialized services for business and private aircraft to the Middle East by 2011.
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.
In a surprise move, Saudi Arabia’s National Air Services (NAS), well known for its executive and VIP operations, yesterday unveiled plans for establishing a low-cost carrier. The airline should commence flights by next summer, Mohammed Al Zeer, president and CEO of NAS, announced during a press conference here at the Dubai airshow. The new domestic service is still to be named.
Europe-headquartered handling group Swissport and maintenance provider Arabasco (Arab Airplane Services Co.) of Saudi Arabia have formed a new joint venture to establish FBOs at Jeddah and Riyadh. Handling operations for business aircraft could begin at both Saudi airports as soon as next month or November.
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