Use of Business Jets Rises in the Middle East
While most corporations had to cut back on business jet use over the past few years due to the global financial crisis, many reports are showing that the use of private jets is in fact making a comeback. Private Jet Charter, based in Dubai, explains that while “CEOs in the Middle East predominantly use corporate jets for business travel…they are also starting to fly them more for leisure purposes.” Approximately 10% of private flights in the region are for leisure, while the rest are considered to be for business purposes. However, this shows great potential for growth of the luxury travel sector and for leisure travel as well.
Click here to read the full article by Chad Trautvetter for AIN Online.