AL JABER GROUP LAUNCHES AJA - AL JABER AVIATION

2008-11-16

A $1.2BN INVESTMENT TO CREATE THE WORLD’S NEWEST VIP CHARTER OPERATOR

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Dubai – 16 November 2008 – Al Jaber Group today unveiled details of its entry into the VIP and corporate aviation market with AJA – Al Jaber Aviation. Revealing its new brand identity, AJA will focus on the expanding VIP charter segment, and will begin offering services with its own fleet from February 2009.

The announcement was made on the sidelines of MEBA 2008, the Middle East Business Aviation exhibition taking place at Dubai Airport Expo until November 18, 2008.
Outlining the business rationale behind the move, Mr. Mohammed Al Jaber, CEO of AJA said: “The breathtaking economic growth over the past decade in the Middle East has created a sizeable business aviation market. The regional VIP charter market is expected to be worth about US$1 Billion per year by 2010 and is growing at 25% per annum. The epicentre of this market is right here in the UAE. We believe that through AJA, we have the right strategy to tap that potential. We are entering a fast growing and profitable, global market and our goal is to become one of the market leaders.”

AJA will provide bespoke travel solutions for individuals, families, companies and governments looking for privacy, flexibility and ultimate peace of mind when it comes to their personal travel, both on the ground and in the air.

AJA will begin flying with an all-new fleet of 21 luxury, large cabin aircraft in February 2009. From its initial base in Abu Dhabi, and later from Dubai, AJA plans to serve clients from the Middle East, Russia, Asia, Europe and Africa.

AJA has ordered 21 advanced, large cabin aircraft worth US$1 billion from Airbus and Embraer. These aircraft were selected for their superior cabin space, reliability and advanced technology. The fleet of 21 aircraft will be comprised of:

  • 2 Embraer Legacy 600
  • 5 Embraer Lineage 1000
  • 8 Embraer Legacy 450/500
  • 4 Airbus Elite
  • 2 Airbus Corporate Jetliner

“Today at MEBA, we are also delighted to announce the purchase of two ultra-large cabin Airbus Corporate Jetliners (ACJs) with space for 32 guests as well as eight next-generation Embraer Legacy 450/500s with spacde for 6/9 guets. The Embraer Legacy 600 will be the first aircraft to proudly sport the AJA livery and all our fleet will be delivered over the course of the next five years,” added Mr. Al Jaber.

“Central to our business plan is having a base in each of the UAE’s global cities. We intend to offer access from both Abu Dhabi Executive Airport and Dubai International Airport. Our guests demand the ultimate luxury and privacy and are discriminating in terms of service expectancy. AJA will afford its elite guests a superlative level of service.” continued Mr. Al Jaber.

In addition to unveiling AJA, the company also outlined plans to offer aircraft management services to owners of VIP aircraft and a suite of additional technical services.

Commenting further, Dr. Mark Pierotti, Chief Operating Officer of AJA said: “The AJA experience is about travelling in your private airspace. Our guests will receive the best in bespoke service, which will be discrete and intuitive. In addition, AJA will offer a complimentary suite of services and facilities to support the strategic direction that will see the UAE become a global hub for VIP aviation. We will be unveiling more initiatives throughout the duration of this exhibition.”

AJA is exhibiting its new brand, designed to capture the spirit of aviation, luxury and Arabia, at its stand which is located at Booth 415, Central Hall of MEBA.

About AJA – Al Jaber Aviation

The world’s newest executive jet operator, AJA – Al Jaber Aviation, is a company of Abu Dhabi-based Al Jaber Group. Operating from Abu Dhabi Executive Airport and Dubai International Airports, AJA will begin flying in February 2009.

AJA will offer its guests bespoke luxury travel to any destination of their choice. AJA will have a fleet of 21 advanced, large-cabin aircraft on order from Airbus and Embraer. AJA aims to be a global leader in the rapidly growing VIP charter market. For more information, please visit ajaprivatejets.com

About Al Jaber Group

Al Jaber Group is a privately owned diversified group of companies that was established in 1970 and today is a market leader in Middle East business. The Group is the largest private sector employer in the UAE with 55,000 employees and boasts the largest fleet of vessels, cranes, equipment and machinery in the country. Al Jaber Group has constructed over 5,000 km of roads, more than 3,500 villas and commercial buildings and is one of the largest construction contractors in the region.

Al Jaber Group is also an industry leader in oil & gas pipelines construction work, oil rigs refurbishment, industrial fabrication, heavy lifting and heavy transportation. The Group owns 320 cranes as well as the country’s largest construction equipment fleet with more than 10,000 units.

Al Jaber Group has more than 30 years of history of land and sea transportation/logistics in the UAE, its fleet includes 36 ships with worldwide marine transportation capability. This expertise is combined with outstanding service experience through ownership and management of Shangri La hotels in Dubai and Abu Dhabi. For more information, please visit aljaber.com