Middle East
ExecuJet Middle East reports strong sales
- Strong aircraft sales, additional new managed aircraft joining the fleet based in the UAE, and a significant increase in its Fixed Base Operation (FBO) activity, have been reported by ExcuJet at this year's Dubai Airshow.
This year, complementing its Booth E370 in the East Hall ExecuJet's latest additions to the fleet, a Challenger 805 and a Challenger 605 will be displayed in the static park.
"Dubai's geographical location, positive tax environment, wealth density and excellent infrastructure for the aviation sector have proven to be significant contributing factors in the recovery and growth of the business aviation sector. It provides an excellent opportunity to showcase and promote ExecuJet's full range of aviation services," says Mike Berry, Managing Director, ExecuJet Middle East.
The company has delivered a number of aircraft recently in the region. Its area of focus are the CIS countries and Saudi Arabia. The market for private jets in the region is well established and continues to expand with a growing trend towards larger aircraft which have a global range. The business jets can range in price from under a million dollars to $60m or $70m with the majority of jets in the region selling for around $20-$30m. Saudi Arabia has the largest share of the private jet market, closely followed by the UAE. In terms of heavy metal onnage, few countries beat Saudi Arabia owing to the large number of Boeing Business Jets, Airbus Corporate Jets and larger jets that are privately owned and operated.
A Challenger 850 joined ExecuJet's fleet in October and by mid-January 2012 an Embraer Lineage 1000 will be the largest and latest addition to the company's fast-growing fleet of managed aircraft, taking its total to 22. The newest aircraft, configured for 19 VIP seats, will be based in Dubai to complement ExecuJet's existing charter offering, which now includes the Learjet 60, the Hawker 800XP, the Challenger 605, the Falcon 900DX, the Challenger 850 and the G5000.
Aircraft movements by ExecuJet's FBO in Dubai has increased by 20% in the past year with some 300 flights being handled each month.
