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Mideast driving private jet boon

  • Tuesday, February 26 - 2008 at 11:52

The market for luxury private jets is booming, driven by demand from rich Middle Eastern clients and high-flying businessmen, according to industry leaders at the Singapore Airshow. Bernd Habbel of Germany's Lufthansa Technik said his company has orders that will 'keep it busy until 2011-2012'. He said the demand is unprecedented. Alain Thomann of Switzerland's Jet Aviation, also said his company had 'steady work' until 2012.

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