VistaJet sees strong demand in Saudi, UAE and Qatar
Private jet company VistaJet has said it sees strong demand for its services across the Middle East and in particular in Saudi Arabia, the UAE and Qatar.
The Swiss-based firm's forecast comes as the company announces it is to dedicate new long-range Bombardier aircraft to its fleet in the Middle East.
Thomas Flohr, founder and chairman of VistaJet, said: "Whilst Saudi Arabia is currently driving 70 percent of our traffic in the Middle East, we expect demand to increase from across the region particularly from UAE and Qatar, so that by end of 2012 I would see the Middle East representing around 15 percent of our revenue.
"To service this growing demand, we are expanding our fleet and are commiting new state-of-the-art long range aircraft to the Middle East to fly from anywhere within the region or internationally.
"For our customers, the Bombardier fleet provides the 'aircraft of choice' whether flying medium or long haul and in the level of comfort that they come to expect from VistaJet."
In total, VistaJet's current order backlog will increase VistaJet`s fleet size to in excess of 60 aircraft by 2015, doubling the size of the business.
Maged Elabd, head of Middle East, VistaJet, added: "Our typical customer in the Middle East is one of exceptional taste and has a keen awareness of value for money and these are attributes which fit perfectly with the ethos of VistaJet.
"With the continued expansion of our fleet we are providing our customers with the convenience and comfort they demand, whilst offering the industry's simplest business model."
VistaJet placed a firm order for three new Bombardier aircraft in addition to the company's existing $2bn order backlog.
The Challenger 850 is most likely to be placed in the Middle East, which has capacity for up to 14 passengers and is capable of flying up to 10 hours.