FINANCIAL NEWS

Saudi aviation covers 60 percent of local market

03 May 2016

(MENAFN) Saudi Arabia’s private aviation sector is considered the GCC’s main aviation market, with 500 private aviation aircraft and covers 60 percent share of the region.

Moreover, a program was made to address a range of topics affecting business aviation in the Middle East and Africa area.

Accordingly, there are a multitude of factors unique to business aviation that must be emphasized, which will address the challenges facing the industry until being resolved.

The kingdom will also look into having more advanced aircrafts, due to the increasing of market at almost 20 percent a year.

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