AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.

Speeding into a new jet stream: we may live in a cash-conscious, post-Concorde era but more Middle East executives are realising the benefits of speedy executive jet travel.(Executive jets)

Business Traveller Middle East

| November 01, 2003 | Dean, Richard | COPYRIGHT 2003 Panacea Publishing International Ltd. (Hide copyright information)Copyright

Executive jets used to he the domain of itinerary-stretched rock stars and high-flying royalty. Businessmen used them only sparingly, wary of the backlash from shareholders over accusations of corporate indulgence.

Bur perceptions are changing. Middle East corporations are increasingly aware that executive jets are a cost-effective way of moving staff around the region, and the globe. Yes, they are expensive, hut more financial directors recognise that there is also a cost to having senior executives stranded in airport waiting lounges or wasting nights in hotels because conventional connections could not get them back to head office in time. The business jet as a serious professional tool is finally coming of age.

"Despite the gee-political and economic factors of the past few years, demand for executive jet charters throughout the region has steadily increased, although on a small scale," says Horm Irani, Managing Director, ExecuJet Middle East. "However, in the past few months, the demand has increased significantly." He quotes figures front Dubai International Airport as evidence of this significant growth with an average of 11-12 business aircraft movements a day this year, compared with 12-15 a month in 2000.

Fakeer Sheik, marketing support manager for Bahraini …

Related articles from newspapers, magazines, journals, and more
Corporate demands: more operators are seeking a foothold in the lucrative...
Magazine article from: Business Traveller Middle East January 1, 2004 700+ words
Small comforts: some managers avoid airport check-ins and even First...
Magazine article from: Business Traveller Middle East Ellis, Dominic November 1, 2005 700+ words
middle east aviation.
News wire article from: Asia Africa Intelligence Wire May 1, 2004 700+ words
ExecuJet Middle East opens office in Saudi Arabia.
News wire article from: Asia Africa Intelligence Wire November 20, 2003 700+ words
Executive aviation emerges as key growth sector in the Middle East.
News wire article from: Asia Africa Intelligence Wire September 29, 2003 700+ words
©2013 Gale, a part of Cengage Learning. All rights reserved. Contact us | Privacy policy | Terms and conditions

The AccessMyLibrary advertising network includes: womensforum.com GlamFamily