Research firm Frost & Sullivan today said that the Middle East is one of the few world regions where the business jet market has registered growth, adding that the air-taxi segment is expected to be a major driver for this market. According to the company’s data, the Middle East logged 93,000 business jet movements last year, and that number is projected to grow to 103,000 this year.
Royal Jet and Arabasco launched a joint venture to expand private charter services in Saudi Arabia. Under the deal, Abu Dhabi-based Royal Jet will base one of its five Boeing Business Jets and a Gulfstream G300, respectively, at the Jeddah and Riyadh bases of FBO/maintenance group Arabasco, and will also permanently station aircrew and support staff in Saudi Arabia.
Royal Jet and Arabasco today launched a joint venture to expand private charter services in Saudi Arabia. Under the terms of the deal, Abu Dhabi-based Royal Jet will base one of its five Boeing Business Jets and a Gulfstream G300, respectively, at the Jeddah and Riyadh bases of FBO/maintenance group Arabasco, and will also permanently station aircrew and support staff in Saudi Arabia.
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.
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.
European very light jet air-taxi start-up JetBird has raised an additional €10 million ($14.2 million) in launch capital by selling a 9.3-percent stake to an undisclosed Saudi Arabian family business.
Jet Aviation has implemented an online registration system for aircraft planning to visit any of its worldwide locations, including Geneva and Zurich, Switzerland; Düsseldorf, Germany; London Biggin Hill, UK; Singapore; Jeddah and Riyadh, Saudi Arabia; Bedford, Mass.; Dallas; Teterboro, N.J.; and West Palm Beach, Fla. Aircraft operators can reserve aircraft services, hotel rooms, ground transportation and catering online at www.
The U.S. Department of Justice (DoJ) raided the homes of a number of U.S.-based BAE executives in connection with allegations about corruption at BAE Systems. The DoJ also temporarily detained outgoing BAE Systems chief executive Mike Turner and a senior colleague, when they arrived at Houston Airport from the UK.
In a major deal announced at the Dubai Air Show last month, Saudi Arabia’s Ministry of the Interior ordered 40 Sikorskys. Deliveries are scheduled to begin in March.