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.
Xjet is making an initial investment of $35 million in what will be its first such facility in the Middle East.
The contract was signed at the recently concluded Aircraft Interiors Middle East (AIME) 2008 show by Abdulla al Qurashi, CEO, DWC Aviation City and Josh Stewart, president and CEO, XJet World.
The 158,444 square feet facility within Dubai World Central, which is a 140-square kilometre aviation project centred around the world's largest international airport, will offer unparalleled levels of luxury and exclusivity, a personalized seven star service and the finest facilities in the industry.
Commenting on the deal, al Qurashi 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 said its 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,'' explained Stewart. ''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.''
DWC Aviation City is offering a platform to attract the best of aviation suppliers and MRO providers from around the world. The first phase of the project is expected to be operational in 2009.