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Private Jet Charter posts 120pc growth in Jan

Dubai, February 21, 2011

Private Jet Charter, one of the world's largest independent private jet charter companies, said its operations registered a growth of 120 per cent in January 2011, compared to the same period last year.

The company posted record revenue growth in Bahrain, with charter flights increasing month on month throughout 2010.

“Our revenues saw an increase of 120 per cent. Our finding is that a remarkable number of Bahrain businessmen have switched to charter jets, after giving up self-owned jets because of higher operating and maintenance costs,” stated Mark Champion, FD, Private Jet Charter.

The last week of January witnessed increased demand for charter jets everywhere, ranging from Egypt to different parts of the world, added Elie Abdo, managing partner, Middle East.

“2011 looks very promising for our operations in the Bahrain. Throughout our 9 years in the Middle East region and 20 years in Europe, we have strengthened our market standing in the European and Gulf regions. As a result, we are considered one of the leading private jet charter businesses in the world,” said Abdo.

“It is natural that our growth in Bahrain spurs our expansion in other parts of the world as Middle East travellers who use our services travel to destinations in Europe, America and Africa. We expect this business to flourish in 2011 because businessmen are more convinced than ever that it is more economical to charter flights instead of buying jets. This is giving a huge boost to air charter business.”

Champion said this growth stems from the rising awareness about the advantages and flexibility of private jets in the Middle East.-TradeArabia News Service




Tags: tourism | Flights | travel | aviation | Private Jet Charter |

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