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The Jet Business

NasJet

Aircraft Sales/Acquisition

Press Release

Issued by The Jet Business.

December 10, 2014

NasJet signs strategic partnership with international sales broker The Jet Business

NasJet, the Middle East's leading private aviation operator and services provider, has signed a strategic partnership agreement with The Jet Business, the world's first ever street-level corporate aviation showroom for the acquisition and sale of private jet aircraft and ancillary services.

NasJet's decision to partner with The Jet Business comes as part of its long-term growth strategy to focus heavily on boosting aircraft sales from 2015 onwards, building on 15 years of success as the largest and fastest growing business aviation company in the Middle East. The partnership will support NasJet's strategic plan to provide a comprehensive service portfolio either through building in-house capabilities or collaborating with carefully chosen partners.

The agreement will enable NasJet to negotiate competitive terms for private aircraft sales for its clients, whether as sellers or buyers. NasJet will benefit from The Jet Business's aggressive research and marketing business framework, led by its well-qualified teams from various departments including charter brokerage, aircraft management, aircraft operations, pilot training sales, jet card sales and business jet sales. NasJet will also have access to The Jet Business' world-class corporate aviation showroom located at Hyde Park Corner – London, one of the most exclusive and prestigious business sites in the world.

“Given NasJet's enviable track record in the Middle East and The Jet Business' strong reputation and heavy investment in proprietary technology, this strategic partnership is aimed at offering a completely unique user experience to clients in the Middle East. In turn, it will serve the regional private aviation industry at large, as a result of the exposure the market gains through an expanded network of international buyers and sellers,” said Saad Saleh Alazwari, chief executive officer, NasJet.

“By signing the agreement, NasJet aims to enhance its service portfolio to include sales and acquisition of new aircraft, particularly in the long-range, wide-body category. The Jet Business' expertise in utilizing highly analytical strategies will help us strengthen and further expand our core experience in purchasing and managing our own fleet as well as that of our clients,” he added.

In collaboration with NasJet, The Jet Business will be exhibiting a Global Express XRS for sale at Middle East Business Aviation (MEBA) 2014, which will take place from 8 – 10 December, 2014 at Dubai World Central, UAE.