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Tue 13 Mar 2012 02:56 PM

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Qatar’s Rizon Jet closes in on KSA, Paris expansion

Operator opened a new VIP terminal in Doha to accommodate expansion

Qatar’s Rizon Jet closes in on KSA, Paris expansion
Rizon Jet currently operates three charter aircraft, while also managing an additional two jets on behalf of local owners.

Qatar-based private jet operator Rizon Jet, which launched a VIP terminal at Doha airport on Sunday, is planning to expand into Saudi Arabia and Paris as part of its 2012 growth strategy, the CEO of the firm told Arabian Business.

A subsidiary of Ghanim bin Saad al Saad and Sons Group Holdings (GSSG), Rizon Jet’s new facility makes it the only independent private jet operator with its own terminal in Qatar.

The firm plans to use the new terminal to launch its international and regional expansion and is close to finalising deal to enter the Saudi Arabia and France.

“We see a lot of potential in the Gulf market, particularly the Saudi market and the UAE,” said Captain Hassan Al Mousawi, CEO of Rizon Jet. “We have already taken steps and are almost in the final stages of having a presence of our aircraft in Saudi Arabia to serve that market."

In France, Al Mousawi said the operator was close to finalising a deal for the Parisian market. “We are in very critical stages of validating our studies and in final talks,” he said.

In addition to Doha, Rizon Jet also has facilities at Biggin Hill in London and Al Mousawi said the company not ruled out opening a similar terminal in Paris if there is sufficient demand.

“Our business model is to try and copy what we have already… There is going to be room if we see the business requires it,” he said.

The company plans to use its London base to tap into the Olympic Games market in the British capital summer and said it was “upping capacity to handle anticipated demand and extending the range of aircraft services offered".

A spokesperson for the company said the cost of chartering an eight-seater jet to the Olympics would cost around US$85,000.

Rizon Jet currently operates three charter aircraft,
while also managing an additional two jets on behalf of local owners. Al
Mousawi also confirmed it is also close to signing a deal with a third owner to
manage their aircraft

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