Jet Aviation Saudi Arabia gains market share in FBO business
Jet Aviation Saudi Arabia recently reported a market share increase of five percent in the fixed base operator (FBO) business.
“An increase in FBO activities is certainly welcome news and indicates that an economic recovery in the business aviation sector is on the horizon,” said senior vice president and general manager of Jet Aviation Saudi Arabia, Andreas Plüss. “With a third facility in Dubai – expected to be fully operational in the second half of 2004 – we hope to strengthen our position in the Middle East,” he said.
Jet Aviation's facilities in Jeddah and Riyadh were established in 1979 and 1983 respectively. Both facilities offer aircraft handling, executive charter, line maintenance and aircraft-on-ground (AOG) services to private, business and military operators. The two locations each hold Saudi Arabian PCA licenses.
Jet Aviation was founded in Switzerland in 1967. More than 3,500 employees in over 60 facilities and stations worldwide cater to customers in North and South America, Europe, the Middle and Far East. The company provides maintenance, completions and engineering services, fixed base operations, along with aircraft sales, charter, and management on a global basis. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
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