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Royal Jet acquires two super midsize business aircraft.

Asia Africa Intelligence Wire

| July 25, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Gulf News)

Byline: A Staff Reporter

Royal Jet, a premium private jet charter service, has purchased two Bombardier Challenger 300 (CL 300) super midsize business aircraft and has placed options for two more.

The exact cost of the purchase was not disclosed but a senior company official said the market value of the two planes is around $40 million.

The first aircraft will enter the Middle East charter service with Royal Jet in the second quarter of next year and the second aircraft will be delivered the following October. Both aircraft will join Royal Jet's luxury fleet based at Abu Dhabi International Airport.

Currently, …

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