ExecuJet Bullish But Cautious About Mideast Growth

AINmxReports » November 19, 2008
November 19, 2008, 9:22 AM

ExecuJet Middle East is planning to expand its maintenance capabilities in Dubai with a new maintenance facility at Dubai World Central’s Al Maktoum International Airport. The new airport is just part of the DWC complex, which covers 54 sq mi and includes the airport and residential, golf and business zones. ExecuJet’s DWC operation will be larger than its Dubai International Airport facility, which includes 24,358 sq ft of hangar space as well as Bombardier and Honeywell bonded parts warehouses. Although the Middle East Business Aviation expo that ended yesterday resulted in multibillion-dollar orders, ExecuJet Middle East managing director Mike Berry is concerned about the global economy. “Business aviation has been expanding rapidly in the Middle East,” he said, “and the current climate is starting to be felt on the business within the region. This is a region that has over the past year produced some of the highest growth figures globally, which under the current climate cannot be expected to be continued.”

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