NetJets targets high net worth customers in Middle East

NetJets Europe released further details of its offering in the Middle East, which focuses on providing a 360 degree service for companies and individuals.

December 17, 2014
NetJets targets high net worth customers in Middle East
NetJets targets high net worth customers in Middle East

 


 


NetJets Europe released further details of its offering in the Middle East, which focuses on providing a 360 degree service for companies and individuals - from fractional ownership through to full service aircraft management.



Speaking at the Middle East Business Aviation (MEBA) exhibition in Dubai, Michael Graham, Senior Vice President, NetJets Europe, explained that the company is well-positioned to expand its operational footprint in the UAE, Saudi Arabia, Qatar and Turkey, and is aiming to target customers in the corporate sector as well as high net worth individuals.



Graham said: “The Middle Eastern market represents a fascinating proposition to us, especially as the region’s business aviation industry is projected to grow to $1.3 billion by 2020 – about double its value today. Our customers in the region have various requirements, and as a company we have developed turnkey offerings for various entities and individuals.”



“For aircraft owners, NetJets offers a range of management services from our world renowned Executive Jet Management program. We also offer fractional ownership options to clients who wish to enjoy the satisfaction of owning a jet but need to remove themselves from the hassles of management and responsibilities of flight planning, crewing and training.”



In its participation at MEBA 2014, NetJets also showcased its new Signature Series™ Challenger 350 aircraft from Bombardier Business Aircraft. NetJets worked closely with Bombardier to build the Challenger 350 to its customers’ exacting specifications – from the custom cabin interior to the specific technical and performance characteristics. The high performance aircraft has been designed as a transcontinental jet with a range of 3,786 sm (6,093km) and over seven hours flight time while its outstanding runway performance gives access to even the most remote airports.



NetJets’ current global fleet comprises more than 700 super mid-range and ultra-long range aircrafts with the company planning to add up to 670 new aircraft with a total value of $17.6 billion over a 10-year period.



NetJets’ Executive Jet Management currently manages more than 200 business jets in the US. Its European division, Executive Jet Management Europe (EJME), was launched just over a year ago. The company’s full service aircraft management offering allows owners to benefit from NetJets’ expertise and experience in the sector.



Graham added: “NetJets is well equipped to bridge the current gap that exists for private aviation services between Europe and the Middle East.” — SG


December 17, 2014
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