Conyers - JDSupra - News Summed Up

Conyers - JDSupra


By June 2022 there were 23,1332 private aircraft in service, up from just under 10,000 aircraft at the start of the millennium. In order to counter the drift towards private aviation from their wealthiest clients, some airlines are introducing their own private or semi-private fleets. In total there are around 600 private aircraft based in the Middle East, with over half in Saudi Arabia and the UAE. Saudi Arabia is seen as a likely driver of significant future development and expansion of private aviation in the region. Choice of jurisdictionWhether you are an owner or an operator, a private aircraft is going to be a significant investment.


Source: The Guardian May 17, 2024 18:34 UTC



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