The growing demand for private jets in the Middle East has led to NetJets Europe expanding its presence in the region.
The company showcased its 360 degree services from fractional ownership through to full service aircraft management.
Michael Graham, senior vice president, NetJets Europe, explained that the company is well-positioned to expand its operational footprint in the UAE, Saudi Arabia, Qatar and Turkey, and is aiming to target customers in the corporate sector as well as high net worth individuals.
Graham further added: “The Middle Eastern market represents a fascinating proposition to us, especially as the region’s business aviation industry which is projected to grow to US$1.3bn by 2020. As a company, we have developed turnkey offerings for various entities and individuals.”
The company’s current global fleet comprises more than 700 super mid-range and ultra-long range aircraft with the company planning to add up to 670 new aircraft with a total value of US$17.6 billion over a 10-year period.