XJet World, an exclusive US-based private aviation service provider, has signed a deal with Dubai World Central Aviation City, home to the largest maintenance, repair and overhaul (MRO) centre in the world, to set up a fixed base operations (FBO) facility for business and private aircraft.
With an initial investment of US$ 35 million, this will be XJet’s first such facility in the Middle East.
The 158,444 square feet facility will be located within Dubai World Central, the 140 square kilometre urban aviation project centred around the world’s largest international airport.
Commenting on the deal, Abdulla Al Qurashi, CEO, DWC Aviation City, said, “XJet selected Dubai as it first Middle East base as DWC Aviation City has just the right infrastructure for the business aviation industry. No other region in the world has seen such high air transportation growth as the Middle East - 9% in 2006 and with more than 80 MRO hangar plots at Dubai World Central, regional business aviation growth is expected to more than double.”
XJet’s DWC FBO will have 60 dedicated employees and will be targeting selected clientele during its first year of operations.
“XJet is revolutionizing the world of private aviation and generating a buzz within the business aviation industry,” added Josh Stewart, President & CEO, XJet World. “XJet will offer its seven star customer services topped with transparent economics and an unparalleled experience. XJet will provide comprehensive and seamless solution to its clients.”
The first phase of the project is expected to be operational in 2009.