Complex Made Simple

Saudi businessmen own 26 per cent of private jets in region

Nice, London and Paris are the most popular destinations for Kingdom’s users

Private Jet Charter (PJC), one of the world’s largest independent private jet charter brokers, reveals that Nice in France is the most popular destination for Saudi private jet users in the first half of 2015, followed by London and Paris.

The broker adds that the private aviation sector in Saudi Arabia is progressing, as the summer season was the peak period for businessmen and tourists from the kingdom, Saudi-based Alriyadh Newspaper reports.

According to the Market Forecast 2014-2033 report, published by Bombardier Business Aircraft, the number of business jets in the region could grow from a current 395 to 745 by 2023 and to 1405 by the year 2033.

Ross Kelly, managing director for the Middle East, Private Jet Charter, says: “This forecast is in line with estimates of industry experts, , with the growth of the industry, there is a strong need for more private jets.”

The report points out that Saudi Arabia, the UAE and Turkey are the homeland for 70 per cent of private jets in the Middle East. Saudi Arabia alone took the lion’s share with 26 per cent.

Kelly adds: “Gulf-based private jet users have chosen far touristic destinations this summer to get away from the hot summer in the Middle East – and they picked Nice, then London and Paris.”

He adds: “The trend also shows that, in Europe, travellers’ favourite destinations were Ibiza, Marbella and Pisa for long weekend breaks.”