Demand for private jets outstrips supply

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2012 has been a positive year so far for Empire Aviation Group

Paras DhamechaEmpire Aviation Group has seen demand in the private jet charter market grow in 2012 and they say that demand is outstripping supply in the Middle East.

According to EAG, leisure charters dominated the recent festive season as families headed for the Indian Ocean whilst the business charter travellers took a break. As demand returns, charter rates have firmed and service has become the main differentiating factor for clients in selecting their preferred operator.

Top of the seasonal jet charter destinations were the Indian Ocean – The Maldives and Seychelles, followed by Ankara/Istanbul, and Phuket with other CIS destinations proving popular. Around 75 per cent of EAG’s seasonal charter flights were for leisure.

Paras Dhamecha, executive director of Empire Aviation Group says “EAG’s recent charter passenger mix was heavily skewed towards leisure, reflecting the seasonal demand, whilst business charter continued but at a lower level. Many of our seasonal charter clients were from outside the UAE – mainly from Russia and Saudi Arabia, with Indian and Swedish clients also prominent. Our most popular charter aircraft were the Embraer Legacy 600 and the Hawker 900XP – both of which offer a lot of space and comfort to larger groups and families travelling on holiday, with a full service area and crew of three.”

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