The Middle East Report
Nestled between the Neolithic and Bronze ages, the cradle-of-civilisation period takes its name from the time where civilisation or society as we now know it began to form.
It was not confined to just one area. Civilisation was beginning to form in different regions around the world at much the same time. But it is widely agreed that Mesopotamia and ancient Egypt were the most advanced.
Mesopotamia covered an area that included modern-day Iraq, Kuwait, parts of Syria and Turkey. Ancient Egypt generally refers to the lowest extent of the river Nile in modern-day Egypt.
Both Mesopotamia and Ancient Egypt form part of the Middle East.
In a new report by Corporate Jet Investor we look into how the Middle East has developed for business aviation.
Using data from AMSTAT we look at how the region’s fleet has changed over the course of the past five years, plotting the data not only by the numbers of aircraft in each of the countries, but also their average ages and types of aircraft.
The top line is that the business jet fleet shrank by 2% in 2017. This was largely due to fewer new aircraft deliveries into the region.
The Middle East is known as a large-cabin market, and the slow-down in deliveries could be attributed to a lull in the replacement cycle as manufacturers gear up to begin deliveries of newer aircraft models.
In 2017 the top three aircraft types in service included the Gulfstream G450 and the Boeing BBJ1. Both of these have replacement models due to come online in the next few years.
You can click on this link to view and download the report.
Alternatively, if you are unable to do so, do feel free to reply to email for a copy.
NOTE: The below originally appeared as the editorial in our One Minute Week newsletter. To find out more, and sign up for free, please click here.
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