Royal Jet plans to celebrate 10th anniversary next year
Royal Jet is set to announce a strong business performance for 2012, as it gears up to celebrate 10 years in May 2013.
“The increasing optimism about the UAE and Dubai economy should be set against the context of a more challenging environment for the global executive-jet sector,” said Shane O’Hare, president & CEO of Royal Jet.
“The demand for large and medium sized jets in the Middle East continues to grow. And so, obviously, that’s a pleasing statistic for us here at Royal Jet as we have the largest fleet of BBJs in the world and are well placed, therefore, to grab that opportunity with both hands.”
“For Royal Jet, a number of factors contributed to its continued growth – its luxury air charter services, Fixed Base Operation (FBO) and VIP terminal at Abu Dhabi International Airport, its charter brokerage, Medical Evacuation Service, and aircraft management and acquisition consultancy services,” said O’Hare.
“Last year, Royal Jet operated 3,135 flights to 370 cities in 136 countries. “This year, we expect to comfortably outperform our operational and financial statistics forecast for the full period of 2012.”
The operator has also reported its busiest-ever year in 2012 for medical evacuation (Medevac) missions – up by 10 per cent over another record year in 2011.
O’Hare added: “Our service goes well beyond providing air ambulances, medical teams and equipment. In the past few years Royal Jet’s medevac division has handled missions in the most challenging of situations across community, political and government sectors from around the world and nearer home in the GCC.”
Royal Jet, earlier this year, announced a 15 per cent increase in first-quarter revenue over the same period last year – the best Q1 performance in the company’s history. This was followed by the best summer performance to date with a 19 percent increase in flying hours over the same period last year.
Growing the fleet and refurbishing the remainder of the current fleet is another project for 2013.
Royal Jet is currently investing $9 million in the interior refurbishment of one of its Boeing Business Jet. Upgrades include a new inflight entertainment system, live TV, SATCOM, Wi-Fi and global mobile systems (GSM), while furnishings such as luxury seats and sleeper beds will also be enhanced.
“We are assessing our long term fleet plan which would include replacement of the existing BBJ fleet by 2016,” said O’Hare.
He added: “We have also signed a commercial agreement with Abu Dhabi Aircraft Technologies (ADAT) to lease 4,450 square metres of hangar space at the state-of-the-art facility at Abu Dhabi International Airport. This provides us the capability for simultaneous maintenance of two BBJs and one Gulfstream and allows the in-house maintenance team to expand their existing capabilities to include all A-checks as well as fulfil other complex maintenance tasks.”