Royal Jet outperforms in 2012

Revenues in 2012 increased by 6 per cent for its Boeing Jets and 27 per cent for Gulfstreams

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Hadrian Hernandez/Gulf News
Hadrian Hernandez/Gulf News

Abu Dhabi: Royal jet revenues in 2012 increased by 6 per cent for its Boeing Jets and 27 per cent for Gulfstreams in terms of aircraft usage and block hours, Shane O’hare, President and CEO of Royal Jet, told Gulf News Tuesday on the sidelines of a the Abu Dhabi Air Show.

“The significant performance resulted in its seventh consecutive year of profitability even though the fleet flew with one less Boeing Business Jets which is unergoing US$9 million refurbishment in France,” said O’hare.

He added that 2012 was a year of stability and persistent growth.

“Moving forward into 2013 and considering the positive economic outlook for the UAE, Royal Jet, jointly owned by Abu Dhabi Aviation and the Presidential Flight Authority, will continue to set benchmarks in the private jet industry,” said O’hare.

He stressed that 2012 witnessed operating more than 630 VIP charter trips and 230 Medevac trips, used for medical evacuation, with a total of more than 2818 flights to 317 airports in 149 countries.

O’hare added that Royal Jet said thatit had ambitious plans on its 10th anniversary this year.

“As we look forward to the future, we are assessing our long term fleet plan which would include replacement of the existing Boeing business Jet fleet by 2016,” said O’hare.

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