Private jet business roaring in Middle East
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The Middle East’s booming business aviation sector will continue to record annual double-digit growth over the next five years, according to the President & CEO of Royal Jet – the region’s market segment leader. According to Gulf News, Shane O’Hare had told an aviation forum in Abu Dhabi that an increasing region-wide realisation of the cost-effectiveness of private jet travel was fuelling sector growth. He was quoted saying that Saudi Arabia was currently leading the surge but the UAE was catching up very fast.
“Our research points to a 40% annual increase in the Middle East’s business aviation sector for the coming five years with Saudi Arabia and the UAE driving the momentum.”
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