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Thursday, November 26 - 2009

Prestige Jets of Abu Dhabi, UAE selects the spn

  • United Arab Emirates: Wednesday, May 23 - 2007 at 08:50
  • PRESS RELEASE

VIP executive jet company, Prestige Jets of Abu Dhabi, has concluded a sale with ExecuJet Middle East for two spn light jets from Grob Aerospace.

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  • Faris Deeb (Managing Director Prestige Jets), Yousef Al Ghareeb  (Executive Director Prestige Air Charter), Niall Olver (CEO ExecuJet Aviation Group)
    Faris Deeb (Managing Director Prestige Jets), Yousef Al Ghareeb (Executive Director Prestige Air Charter), Niall Olver (CEO ExecuJet Aviation Group)
Agreement on the purchase was reached on the eve of EBACE 2007 following initial discussions during the MEBA Show in Dubai earlier this year,
Representing the first sale of an spn to a Middle East client, the contract for the first aircraft was signed by Niall Olver, CEO of ExecuJet Aviation Group and Faris Deeb, Managing Director of Prestige Jets a subsidiary of the Al Yasi Group. Grob Aerospace returns to EBACE this year, showing the Spn's all new Porsche Design Executive VIP Interior.

The agreement for the second aircraft was signed by His Excellency Sheikh Ghaith Bin Hamel Al Ghaith Al Qubaisi, founder of Al Yasi and the founding partner of Prestige Jets.

Both spn aircraft will be based in Abu Dhabi. The second of the two aircraft will focus on running regular shuttle services between Abu Dhabi and the Al Yasi steel factory in Suhar, Oman. Suhar Airport is runway-restricted and the spn's unique operating characteristics are ideal for these operations. Both aircraft, which call for delivery in 2009, will be operated by Prestige Jets for commercial use.

The deals were orchestrated by ExecuJet, the exclusive sales agent outside North America and distributors of the spn in the region, through the company's regional office in Dubai, ExecuJet Middle East. "This sale is testimony to both the spn's suitability to serve emerging markets in the Middle East and the general buoyant conditions for executive jets in the region.

This was very evident at the recent MEBA Show where we had a lot of interest in the spn." said ExecuJet Middle East Managing Director Mike Berry.

"Middle East customers are catching on to the viability of smaller jets as valuable business tools. We are delighted to have won Prestige Jets as a customer and we look forward to working with them very closely in the run up to service introduction and beyond."


Prestige Jets operates and manages a private jet fleet currently comprising a Bombardier Challenger 604 and Hawker 800XP, all fitted to the highest standard for its VIP clientele, featuring elegant interiors and state of the art in-flight entertainment.

"The spn fits perfectly in our plans to launch a new dimension in executive jet VIP service," commented Faris Deeb. "It will be our first light jet, but offering a very comfortable, generously sized and flexible cabin." Faris Deeb, himself a trained engineer, endorsed the aircraft's sound German engineering. "The spn offers an exceptional payload-range - 1,800nm with five passengers and two pilots - and has the ability, with its short runway performance, to fly to airports that other executive jets cannot reach." Deeb noted that the Group expects to be flying the spn on sectors such as Dubai to Cairo.
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Notes and media contacts

About the spn
The spn boasts an impressive range and payload for an aircraft in its class. With six passengers and single pilot, the aircraft can serve 1,800 nm (3334 km). The aircraft features a total cabin volume of 405 cu.ft (11.5 m³) - the largest in the light business jet class by a fair margin, and a large passenger door.
Early sales success for the industry's new generation light business jet has raised market interest with its unique operating characteristics. For example, it can operate on unimproved runways (gravel or grass), traditionally the domain of a turboprop, requiring a balanced field length of just 3,000 ft (914 m) at maximum take off weight.

The spn will also be certified for single pilot operation, and is equipped with an avionics suite more advanced than that of any other aircraft close to its class. Honeywell's integrated all glass cockpit sets new standards for simplicity, reliability and technology. Two rear-mounted FADEC controlled Williams FJ44-3A engines deliver 2,800 lbs (1,270 kg) of thrust. The aircraft carries a price tag of € 5.8 million.

About Prestige Jets
Prestige Jets, with whom ExecuJet Middle East has established a close working relationship, was formed in early 2007. It is a subsidiary of the Al Yasi Group, Abu Dhabi. The company is actively positioning to expand its aviation interests and support the growing need for travel around the region, as well as its many discerning clients. Prestige Jets offers its clients an exclusive and seamless experience of chartering executive jets within the Middle East and beyond.

Prestige Jets aims to own a mixed fleet of aircraft for its own and clients use, whilst its sister company Prestige Air Charter, will promote and expand the fleet and offer ad hoc brokerage business throughout the region.
www.prestigejets.com / www.prestige-air.com / www.prestigeaircharter.com

ExecuJet Aviation Group - Regional sales distributor
In addition to the company's sales representation in more than 30 countries of Bombardier's range of business jets, including Learjet in the Middle East region, the Zurich, Switzerland, headquartered ExecuJet Aviation Group is the exclusive sales distributor and maintenance support partner for the spn in the Middle East. ExecuJet Aviation Group is a world leading aircraft sales, operations, maintenance and aviation services and support provider with associated sales operational and maintenance facilities in Europe, the Middle East, Africa and Australia.

About Grob Aerospace - 35 Years of Aviation History
Since 35 years Grob Aerospace is one of the world's largest and most experienced composite aircraft manufacturers. The company is headquartered in Switzerland but maintains its own purpose built airfield in Tussenhausen-Mattsies, Germany that accommodates its manufacturing and assembly facilities. In 2007 Grob Aerospace established a wholly-owned US subsidiary to provide a complete, world-class ownership experience to North-American customers. Grob Aerospace's central base in the United States is located in Portsmouth, New Hampshire with several regional sales offices throughout the USA. It has delivered more than 3,500 aircraft that have flown over seven million hours on five continents.
www.grob-aerospace.com

For further information:
Helle Brodsgaard
ExecuJet Middle East
+971 4 601 6300

Alison Chambers
Emerald Media
+44 1962 736600

For further information on Prestige Jets please contact:

David Baker
Borouj Consulting
+971 4 3403005

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