ExecuJet is seeing increased business in Middle East
Company is also displaying two aircraft in the static park at the Dubai Air Show
ExecuJet is
reporting strong growth in all areas of business in the UAE. Strong aircraft
sales along with an increase in the managed fleet are highlighting how well the
FBO is doing.
“The Dubai
Airshow has always been an important trade event for us and we are very pleased
to participate once again this year,” said Mike Berry, managing director,
ExecuJet Middle East. “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,” he added.
“Aircraft sales
in the region have been positive with a number of aircraft being delivered
recently. Our current areas of focus are the CIS countries and Saudi Arabia,” said
Andrew Hoy, managing director, ExecuJet Aircraft Trading. “ExecuJet’s approach
to regional expansion is based on good local partners and sound business ethics
with expansion being organic as well as directed,” Mike Berry adds.
“A business jet
can range in price from under a million USD to $60 or $70 million with the
majority of jets in the region selling for around $20-$30 million. Saudi Arabia has the largest share
of the private jet market, closely followed by the UAE. In terms of heavy metal
tonnage, 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,” Hoy explains.
A Challenger 850
joined ExecuJet’s fleet in October and by mid-January 2012 an Embraer Lineage
1000 will join the fleet of managed aircraft.
The ExecuJet FBO
in Dubai has
witnessed a 20% increase in aircraft movements compared with the same time last
year, handling an average 300 movements per month. November and December are
predicted to be even stronger compared with this period last year. All
countries in the region have been very active, but Saudi
Arabia and Qatar have been notably busy.
The Dubai facility recently
underwent a partial refurbishment. ExecuJet’s regional operations director, Mark
Hardman says, “The key to a successful FBO is complete customer focus and I am
delighted to say our FBO team are delivering the best in customer experience.”
