Charter & Fractional
Established Players Outlive Newcomers as Middle East Market Consolidates

ExecuJet Aviation has been in the Middle East for the long haul since 1999 and since then it has seen the bizav market fluctuate from boom to flat and now reach a slow climb. It has seen rivals come and go, and ambitious business plans turn to dust.

“A lot of people saw this [the Middle East] as an easy entrance to the business and misunderstood what is needed to be sustainable,” ExecuJet Middle East managing director Mike Berry told AIN. “Then they saw the market contract and aircraft values contract and they realized that it was the wrong game for them to be in, because it’s not as easy as it seemed.”