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01 December 2023

Private jet business booms

Hugh Courtenay, CEO and founder of Private Jet Charter (SUPPLIED)

By Staff

Private Jet Charter, independent private jet charter brokers and consultants providing access to over  50,000 aircraft, has said that private aviation business is witnessing higher growth in UAE in general and Dubai in particular, driven by a combination of factors.

The favourable factors include accelerated economic recovery coupled with unrest in some parts of the region, generating a higher demand for charter flights to and from the UAE.

“Dubai is well positioned to see a rise in visitors and private jet business due to disturbances in other parts of the region,” said Hugh Courtenay chief executive and founder of Private Jet Charter.

“The strong performance of the private jet business in Dubai has outpaced the growth in other parts of the Middle East due to the emirate’s consolidation as a key holiday destination,” he added.

The unrest and uncertainty in some countries in the Middle East has prompted tourists to cancel their travel bookings to these destinations which attracted more than 25 million visitors last year. 

Dubai could capture more than 5 million of these 25 million tourists, which will automatically boost the private jet business, according to Courtenay. “Most of our clients are high net worth individuals and affluent families, who look at Dubai as a preferred destination, especially considering the uncertainty in some parts of the region,” said Courtenay.

“Affluent holidaymakers look for convenience and time savings in jet services. Based on bookings from our clients, who include royal families, wealthy business people and CEOs, the UAE has emerged as a destination of choice for spending their summer vacation,” he added.