Over the past four years, its fleet has grown from two aircraft to 12, and its year on year revenues have grown 30 per cent, said Shane O'Hare, president and CEO of the Abu Dhabi based firm.
He attributes the growth of the region's business jet market to a variety of factors, including safety concerns, airport delays, and lack of high frequency routes. "Unlike Europe, where there are many cities that offer daily flights between them each day, there are very few high frequency routes in the Gulf, especially non-stops, making it very difficult to fly in and out of a destination on the same day," O'Hare said.
Royal Jet offers several different services for prospective clients. For customers who wish to own their own planes, the company will serve as a consultant on the purchase, then manage, maintain, and fly the aircraft. As part of the arrangement, other customers will be able to charter the plane when it is not in use, which helps the owner save money and enables Royal Jet to boost its fleet.
Customers can charter a Royal Jet aircraft starting at about $3,500 per hour for a round trip flight on one of the company's smallest planes. At the high end, travellers can expect to pay $12,000 per hour for a jet carrying up to 58 people. Each charter is totally bespoke, with amenities such as VIP terminals, executive chef, comfortable beds, and in-flight entertainment.
See also:
UAE's Royal Jet in tactical move to broaden private charter appeal
Executive Flight Services creats hub for private aviation at Dubai International Airport
Browse
related articles
Regional business jet market ready for takeoff (page 2 of 2)
- Middle East: Monday, September 17 - 2007 at 09:19
Related content
Companies are increasingly turning to business jets rather than commercial airlines to get to destinations for important meetings
Article Options
Jeff Florian, Senior ReporterMonday, September 17 - 2007 at 09:19 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / 4C.
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
