Charter & Fractional
Awash in oil wealth, region has growing charter appetite
Over the past few years executive charter brokers complained that there were not enough suitable aircraft available in the Middle East to meet the spiralin

Over the past few years executive charter brokers complained that there were not enough suitable aircraft available in the Middle East to meet the spiraling demand for private flying. But with each passing month, more new jets are flocking to this part of the world, boosting the fleets of local operators and correcting the supply/demand imbalance.

The recently forged alliance between Dubai-based Elite Jets and Jet Aviation is a prime example of how the market is responding to the burgeoning demand for high-quality charter services. Elite Jets (Chalet No. 31) has been growing over the past couple of years but its new relationship with one of the leading global players in aircraft charter/management should further boost its ascent. For Jet Aviation (Stand No. 731), the partnership allows it to expand its Arabian Gulf operations more quickly.