Prime Highlights-
- Airbus Corporate Jets forecasts Middle East large business jet flight activity could grow by up to 83% by 2030.
- Around 40% of Middle East business aircraft are at or near 15 years in service, driving strong fleet renewal demand.
Key Facts-
- Survey of 35 financiers and brokers forecasts 80% growth for light jets and 78% for midsize jets.
- The ACJ TwoTwenty offers a 5,650 nm range, reaching Europe, Asia or Africa from the Middle East.
Background-
Flight activity of large business jets in the Middle East could grow by as much as 83% by 2030, according to new research from Airbus Corporate Jets.
The manufacturer surveyed 35 business aircraft financiers and brokers in the region. They also forecast 80% growth for light jets and 78% for midsize jets.
Airbus Corporate Jets said the Middle East already accounts for around one-third of demand for large business jets. The company aims to meet strong demand for fleet renewal, as around 40% of business aircraft in the region are at or approaching 15 years in service.
All the professionals surveyed reported stronger business aviation demand over the past two years. Almost a fifth of respondents saw 15% growth over that period, and many noted strong interest from government customers.
Airbus Corporate Jets President Chadi Saade said business aviation is evolving rapidly in the Middle East. He said organizations value the flexibility, security and productivity that private aircraft provide.
The research also points to the growing role of new technology. Almost all respondents expect more use of artificial intelligence for flight optimization. They also see rising demand for high-performance airborne connectivity and for sustainable aviation fuel.
Airbus Corporate Jets makes VIP-configured ACJ models based on the A320, A330 and A350 airliners. It is also promoting the ACJ TwoTwenty, based on the A220, which it describes as a new Xtra Large Bizjet segment. With a range of 5,650 nm, the aircraft can reach anywhere in Europe, Asia or Africa from the Middle East.