The joint venture will be operating the new FBO at King Khalid International Airport (KKIA) in Riyadh and other future FBOs.

In order to develop the FBO and conduct its operations according to the highest quality of service

standards an initial required space of 1,500 sq m within the new KKIA Private Aviation terminal

will be occupied by the new FBO.

“Given all consortium members are market leaders in their respective fields, there will be no

learning curve due to the depth and breadth of each member’s previous operating experience

in KSA, the GCC and globally,” Ayedh Al-Jeaid, chairman of NAS Holding, said.

“These experiences shall help the joint venture to achieve world class standards by focusing on customer service, quality and safety. This focus on customer service will enable the FBO at KKIA and other future FBOs to offer a seamless customer experience by reducing complexity and time spent by clients.”

ExecuJet brings world-class expertise in managing currently 14 FBOs globally across five

continents and a global fleet of 154 private aviation aircraft.

Mike Berry, managing director of ExecuJet Middle East, said: “By forming a joint venture with NAS Holding we have won a partner with a deep understanding of the Middle East private aviation landscape and a large captive client base given its position as the leader in Middle East private aviation.”

NasJet, part of the NAS Holding, has a fleet of 18 private aircraft and 60 aircraft under management.

Sulaiman Al-Hamdan, Group CEO of NAS Holding, said the joint venture between NAS and ExecuJet will seek to enhance customer’s perceived value of services provided through multi-channel communication strategy (e.g. online booking, web presence, social media, Apple

Apps, third-party directories).

In addition to the FBO airside services, clients will benefit from a comprehensive suite of services such as landside, regulatory filing and concierge services, all under one roof.

He added, through the NASTECH-Lufthansa Technik partnership, ExecuJet and NAS will be able to offer its FBO clients line MRO services on most private aviation aircraft types and models.

Al-Hamdan concluded by stating that NasJet & ExecuJet alliance will bring superior quality of service to Middle East business aviations and the two partners are currently discussing expanding this scope of cooperation to cover additional areas in the field of business aviation.

Saudi-based NAS Holding is a regional leader in the aviation industry offering an unmatched portfolio of private and commercial aviation products and services.