Business Aviation in Levant in Doldrums, but Eyes Upturn Next Year
IWG sets up aviation academy in Morocco.

Sharply declining asset values and poor charter performance are bedeviling the business aviation industry in the Levant, Jordan-based business jet operator Arab Wings has told AIN. “Charter is lower, for sure. The owners are suffering. There is not as much charter, because prices dropped. Aircraft are getting older. It is not a nice cycle at the moment,” said Ahmad Abu Ghazaleh, CEO of Arab Wings, a unit of the International Wings Group (IWG).