Business

NasJet, the Middle Easts leading private aviation operator and services provider, will be participating at World Travel Market (WTM), the travel industrys preeminent global event, which will be held 3 - 6 November 2014 at the ExCel Exhibition Centre in London, UK.

The Saudi Arabia-based company will seek to leverage its expertise drawn from its leading role in one of the worlds busiest private jet markets to an international network of clients. The average Saudi businessman flies on a private jet for almost twice as many hours than his peers in the UK and Europe, mainly due to the lack of high quality commercial options on domestic routes.

Commenting on NasJets participation, Mr. Saad Al Azwar, CEO of NasJet, said: Our clients in the Middle East demand and appreciate a very high level of service which has allowed us to hone our ability to deliver a highly personalized product offering. Moreover, private jet usage in the Middle East is robust which has also allowed us to streamline our operations to make them very efficient and cost effective. Our participation at the World Travel Market will give us a unique opportunity to share this expertise with an international client base and show our peers in the global travel trade why NasJet is the largest and fastest growing business aviation company in the Middle East.

NasJet manages and supports 67 aircraft with an insured value in excess of $2 billion. The NasJet core fleet is comprised of Airbus, BBJ, Gulfstream and Hawker aircraft.
With its own fleet of jets, which includes the largest fleet of Gulfstream aircraft in the Middle East, and more than 120 full time pilots, NasJet is currently the only private jet operator in the region able to provide a complete range of corporate aviation services and was the first private company in Saudi Arabia to be awarded an Aircraft Operating Certificate (AOC) by the General Authority for Civil Aviation (GACA).

Mr. Turki Al Jawini, Chief Commercial Officer at NasJet, added: Our presence at the World Travel Market also supports our firm commitment to our many global luxury travel partners.

Mr. Al Jawini continued: The World Travel Market is the travel industrys leading global event and as a Saudi-based company, we are proud to represent the kingdoms leadership in the Middle Easts private aviation sector on a global scale at Londons ExCel Exhibition Centre where we have a prominent presence at exhibition stand number ME470.

According to the Middle East Business Aviation Association (MEBAA), the regions business aviation sector will be worth an estimated USD 1.3 billion by the year 2020, while the total business jet fleet size in the Middle East is projected to grow from the current number of 551 to 1375 aircraft over the same period.
MEBAA also states that out of the total number of registered business aircraft in the entire MENA region, almost half are registered in Saudi Arabia, which is considered to be the most promising market in the GCC with an annual growth rate of 7 %.

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