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Mideast private jets grow 40%

The double digit growth being experienced by the business aviation sector in the Middle East shows no signs of let up and is expected to continue over the next five years. Shane O'Hare, President and CEO of Abu Dhabi-based Royal Jet said private jets were becoming more cost effective. He pointed to a 40% annual growth rate in the sector over the coming five years, spurred by Saudi Arabia and the UAE.