Al Habtoor, Royal Jet finalise purchase of Embraer Lineage

DUBAI - Al Habtoor Group and Royal Jet, have finalised the transactions on the purchase of an Embraer Lineage 1000 aircraft - one of the first orders for this new generation business jet.

By (By a staff reporter)

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Published: Wed 16 Jul 2008, 11:42 PM

Last updated: Sun 5 Apr 2015, 12:49 PM

UAE-based Al Habtoor Group is a large business conglomerate involved in the construction, hotel, automotive, real estate, education, insurance and publishing sectors. They selected Abu Dhabi-based Royal Jet - the international luxury flight services company, to carry out due diligence on the purchase agreement, prepared the technical specifications and conducted the associated financial, commercial and technical reviews.

Royal Jet's management and acquisition team provides a tailored, comprehensive service from initial consultancy through to the acquisition, management and sale of aircraft - a 'one-stop' service which reduces overall costs without compromising quality or safety. In this deal Royal Jet will also handle the aircraft management of the new Embraer which ties in well with the company's strategy of concentrating on mid-to-large sized business jets.

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