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293 mid to large private jets were delivered to the Middle East between 2006 and 2015

Posted 7 December 2016 · Add Comment

New research from Global Jet Capital, a provider of financing solutions for large-cabin, long-range private jets, 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 said 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).

 

Country

Deliveries, 2006-2015

All deliveries

Midsize

Large jet

Jet airliner

Turkey

30

45

2

77

United Arab Emirates

2

56

5

63

Saudi Arabia

12

39

7

58

Qatar

 

19

2

21

Kuwait

1

11

3

15

Jordan

1

10

0

11

Oman

 

9

1

10

Lebanon

3

4

1

8

Rest of Middle East

0

29

1

30

ALL MIDDLE EAST

49

222

22

293

 

  

 Simon Davies, Global Jet Capital’s sales director for the Middle East, 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.”

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