August 30, 2010 - Magellan Jets

August 30, 2010 - Magellan Jets

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Middle East Sees Huge Increase in Private Jet Orders

August 30, 2010

By Joshua Marc Hebert

An upcoming “Big Boys’ Toys” event that will be held in Abu Dhabi is expected to attract top aviation customers around the world. The four-day show at the Abu Dhabi National Exhibition Centre will take place February 2-5, 2011. Big Boys’ Toys comes at the right time as the business jet market is heading towards an incline in the region and UAE . The business jet market is poised for steady growth with orders of more than 200 units expected to be delivered to the region by 2015. Currently, the Middle East region accounts for approximately 6 percent of the global business jets market. Demand for another 400 units is expected in the next eight years as the market continues to grow tremendously. The Middle East, especially the United Arab Emirates, has experienced significant demand for private charter flights as business executives continue to travel both to domestic and international destinations. The exhibitors aim to meet the needs of high net worth customers and owners of private jets. The event will offer companies the ideal platform to highlight the latest offerings in services and jet models to the wealthy and top business executives.

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Magellan Jets jet card ownership, jet membership, on-demand charter, aircraft sales and management are programs of Magellan Jets, LLC (Magellan Jets®). Magellan Jets (the Air Charter Broker) acting as an “Authorized Agent” for the Program Member (Charterer) shall; maintain non-owned aircraft liability insurance, and personal injury coverage, contract for transportation services with only FAR Part 135 or 121 Direct Air Carriers or their foreign Civil Aviation Authority (CAA) equivalent that operate and exercise full operational control over those flights at all times. Magellan Jets does not own or operate aircraft nor is a direct or indirect carrier. Flights will be sourced through a proprietary Magellan Jets Preferred Network of Direct Air Carriers that meet all FAA or CAA safety standards and additional safety standards established by Magellan Jets.Magellan Jets does provide access to aircraft management services which are provided by FAR Part 135 and 91 Direct Carriers or their foreign Civil Aviation Authority (CAA) equivalent that manage the full or partial operation of the aircraft on behalf of the Owner (Aircraft owner) and exercise full operational control of all flights at all times.

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