400 regional corporate jets forecast by 2018
Published by Irhal
The Middle East is catching up with India and China in the business jet market, said industry analysts. The Middle East currently accounts for about 6 percent of the global business jet market and will need 200 more jets by 2015, and another 200 by 2018, according to Frost & Sullivan, the global business research and consultancy firm. “Between 2010 and 2018 415 new business jets are expected to be delivered. 223…
The US and Europe currently dominate the business jet market around the world, but Asian markets, especially China and India have lately been receiving more attention from manufacturers. About 18,000 business jets are sold around the world, according to industry estimates, and with an expected increase in demand, global players are paying more attention to the Middle East.
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