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A look inside the world's only private Boeing 787 Dreamliner

Visitors to Dubai Air Show 2017 had the opportunity to explore the world's only private Boeing 787 Dreamliner. The jet is operated by Deer Jet and managed by UAS International Trip Support, and features a main lounge that accommodate 16 guests, two large dining tables, an enclosed master bedroom, and fully fitted bathroom.

27th November 2017

Duncan Aviation begins work on US$70m Utah maintenance facility

Duncan Aviation has begun construction on a new US$70m business aircraft maintenance, modifications and paint complex in Provo, Utah, in the USA. The company will add nearly 275,000ft² of buildings, with a 222,000ft² maintenance and modifications center and a 53,000ft² paint facility.

23rd October 2017

Would you, or have you, altered your customer offering to cater to millennials?


Strong economic growth in India fuels business aviation market

Research from Global Capital Jet, a provider of financing solutions for large-cabin, long-range business jets, has revealed strong growth in the Indian business aviation market with 70 mid to heavy business jets delivered between 2006-2015 with a combined value of US$3.5bn.

This growth is being driven by an increase in GDP in the country, according to Simon Davies, vice president, sales – India, Global Jet Capital. “For the fiscal year 2015-2016, India’s GDP growth was around 7.6%, and some market commentators are predicting that growth will gain momentum in 2016-2017, with GDP growth of around 7.8%,” he said.

“Demand for business aviation is closely correlated to economic growth so we believe in the long-term, India will see a significant increase in demand for business jets. This is already a very attractive market for us, and we expect it to become even more appealing in the coming years.”

The Indian business aircraft fleet has a greater proportion of mid-sized to heavy jets than the global average – 44% of the Indian fleet is classed as mid-sized to heavy, compared with a worldwide figure of 31%, indicating that demand for finance from Indian buyers is likely to be greater than from other regions. According to the research, 80% of the funding used to purchase these aircraft, which typically cost between US$25m and US$75m each, was through external financing.

June 28, 2016


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