Saudi private jet firm appoints new CEO

Saad Alazwari to take the helm at NasJet, the largest private aviation operator in the Middle East
(Photo for illustrative purposes only)
By Andy Sambidge
Sat 24 May 2014 10:30 AM

Saudi Arabia-based NasJet, the largest private aviation operator in the Middle East, has announced the appointment of Saad Alazwari as its new CEO.

NasJet is a part of the National Air Services Group (NAS Holding) a Saudi private company. The company manages and supports 66 fixed-wing aircraft with a fleet value in access of $2 billion. The NasJet core fleet is comprised of Airbus, BBJ, Gulfstream and Hawker aircraft.

Alazwari said: "I join at an exciting time in the company's history, since we are celebrating 15 years of operational excellence and at the same time I am also proud to announce the delivery of a brand new BBJ3 under management, which is the seventh BBJ handled by NasJet."

NAS Holding Group CEO Sulaiman Al Hamdan added: "NasJet has become the largest and fastest growing business aviation company in the Middle East and we are extremely pleased to have a seasoned business expert lead the company forward into a new era of expansion and implement our future plans to exceed client expectations in order to consolidate NasJet's position as the premier private business jet service of choice."

In March, it was reported that Gulf businessmen spend up to twice as long in private jets as their counterparts in Europe.

A poll by Private Jet Charter showed that the average number of hours a UAE businessman flies on a private jet is between 100 to 150 hours per year while Saudi execs spend up to 200 hours.

The benchmarking study revealed that Saudi businessmen travel the most in the Middle East due to the country’s vibrant economy and vast size.

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Last Updated: Thu 26 Jan 2017 01:27 PM GST

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