International News

Research shows 293 business jet deliveries between 2006-2015

Published:2016-12-09
New research from Global Jet Capital reveals that 293 mid to large private jets were delivered to the Middle East between 2006 and 2015, with an estimated combined value of over $14.65 billion.

Global Jet Capital says these aircraft typically cost between $25 million and $75 million each, and up to 80% of the funding used to purchase these is sourced through external financing.

The largest number of deliveries were to Turkey (77), followed by the United Arab Emirates (63) and Saudi Arabia (58).

 
Simon Davies, sales director for the Middle East of Global Jet Capital said: “Around 40% of the fleet of mid to large private jets in the Middle East delivered between 2006 and 2015, and these are the category of business jets that we finance.”

“We have a considerable amount of capital available for clients who want to finance mid to large private jets, and the Middle East is an attractive market for us,” added Davies.

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