ME market fuelling business jet industry

RITIKA SHARMA / EMIRATES BUSINESS

The Middle East market has played an important role in the recent global executive aviation development. According to Embraer Executive Jets market analyses, the Middle East has a younger business jet fleet than the world’s average. The region holds a business jet fleet of 400 unit aircraft where Saudi Arabia and UAE account for more than half of the Middle East’s active fleet. For the next 10 years, the Embraer forecasts a demand in the region for 200 more business jets.
Claudio Galdo Camelier, VP Sales and Marketing, Middle East and Asia-Pacific, Executive Jets at Embraer, told Emirates Business during the last day of Abu Dhabi Air Expo that Middle East market plays an important role in the overall aviation industry.
“Our analysis says that Middle East has a younger business jet fleet if we compare it with the same world over. Presently, the region holds a business jet fleet of 400 unit aircraft (it doubled in one decade). Saudi Arabia and UAE share a major chunk of this market as the countries together account for 56 percent of the Middle East’s active fleet,” Claudio said.
For the next 10 years, the Company forecasts a demand in the region for 200 more business jets which is a worth of US$ 9 billion.
“Embraer has 20 percent of the total market share in the Middle East, considering industry’s deliveries for civil operators in the last 10 years in the region. In the same period of time, the global business jets market might demand 9,100 aircraft, worth US$259 billion. Embraer’s executive jets division was created in 2005,” Claudio pointed out.
Last year, Embraer received orders for up to 17 entry-level jet Phenom 100E from Etihad and Emirates for flight training propose, two orders for Legacy 500 from MEA (Middle East Airlines), and an order for a Legacy 650 which is operated by Titan Aviation Group, a global aviation specialty service provider headquartered in the United Arab Emirates.
The Legacy 600/650 are the most popular Embraer models in the Middle East market as they offer three comfortable cabin zones that allow up to 14 passengers to work or rest in a spacious area. A fully equipped wet galley and the largest in-flight accessible baggage compartment in its class are other value-added highlights.
“Over 25 Legacy 600/650 jets are presently in operation with local operators, offering outstanding comfort, excellent performance and state-of-the-art onboard technology, and allowing customers to fly nonstop to London or Beijing from Abu Dhabi,” explained Claudio.
The Middle East is also the largest market for the Em Lineage 1000E. Talking about the demand of the aircraft, he said, “It perfectly matches passengers’ expectations in the region, offering unparalleled comfort in the cabin with its five distinct zones providing space to both work
and relax.”