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Thursday, November 26 - 2009

NetJets Middle East upgrades fleet with three new Gulfstream G450

  • United Arab Emirates: Wednesday, November 28 - 2007 at 15:43
  • PRESS RELEASE

The NetJets Middle East program, the leading provider of fractional aircraft ownership and lease services in the Middle East, increased it fleet of long-haul Gulfstream's with the arrival of two new Gulfstream G450 aircrafts.

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  • G450 interior.
    G450 interior.
The program's third aircraft is expected to join the fleet before year end. The NetJets Middle East program is represented in the region by National Air Services (NAS) in affiliation with NetJets Inc.

The new jets, available for the first time in the Middle East, complements the program's expansion strategy which NAS adopted this year to meet the increasing demand for private and corporate aviation services in the region.

Reiterating the NetJets commitment to providing customized aviation services to its client base across the region, NAS CEO, Ed Winter said: "The new G450 is a distinctive addition to the NetJets Middle East fleet. We are confident that its advanced features, transcontinental range and large cabin passenger appeal make the new G450s a jet of choice for many of our regional prospects."

Based on the design of the famous Gulfstream IV-SP/G400 model, the new and upgraded G450 with its advanced avionics, cockpit display, aircraft systems, entertainment options, 14 passenger cabin and long range flights, makes it a perfect choice for clients with geographically wide-spread trade and investment relations.

NAS's agreement with Gulfstream Aerospace, a wholly owned subsidiary of General Dynamics, signed in 2006, was a prelude to NAS' decision to conclude a purchase agreement for an additional 20 G450 jets in one of the biggest purchase deals in the history of private aviation sector in the region.
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NetJets Middle East Program (Fractional Aircraft Ownership and Leasing)

With Fractional Aircraft Ownership, you gain all the convenience, access and time advantages of owning a whole aircraft, but at a fraction of the cost and without any of the responsibilities. The program provides hassle-free aviation solutions to clients.

NetJets hires the pilots, maintains the planes, attends to the logistics and ensures the safety of its owners. The program is considered one of the most luxurious and advanced solutions in the private aviation sector.

This makes NetJets a pioneer in the business aviation sector, in terms of safety, added value and unprecedented flexibility to meet the increasing and changing demands of the customers all over the region.

Not only does the fractional aircraft ownership and leasing program provide an excellent investment opportunity through actually owning shares in an aircraft, but also it makes the aircraft available to its owners on demand, for a specific period of time with fixed operating costs. In addition, within the program, owners have the possibility to change the type of aircraft and modify the number of shares they own and eventually sell all their ownership to the program after a specific period of time, at market prices. Owners are also entitled to use their membership in the Netjets program in the USA and Europe.

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