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EXECUTIVE SUMMARY<br />
At the end of the fourth quarter of <strong>2022</strong> there were 419 business jets operating in the Middle East and North Africa<br />
region (<strong>MENA</strong>), a rise of 7.4% from the end of 2021. In total, there were nine new deliveries, 59 pre-owned additions<br />
and 39 deductions, resulting in a net addition of 29 aircraft into the region’s fleet. The growth rate for the business<br />
jet fleet in the <strong>MENA</strong> region has been favourable in comparison to other key markets such as Europe, which saw a<br />
net fleet growth of 1.4%, and the Asia-Pacific fleet which declined by 2.4%.<br />
The persistence of the COVID-19<br />
pandemic during <strong>2022</strong> helpped fuelled<br />
growth in the business jet industry<br />
in the Middle East and North Africa<br />
(<strong>MENA</strong>) region. As business jet operators<br />
and private aviation players reported<br />
strong demand from clients seeking<br />
safe and comfortable travel, numerous<br />
airports in <strong>MENA</strong> made substantial<br />
investments to upgrade their business<br />
aviation infrastructure. Concurrently,<br />
the strengthening of key diplomatic and<br />
trading relations between countries within<br />
and outside the <strong>MENA</strong> region, combined<br />
with the lifestyle needs of high-net-worth<br />
individuals (HNWIs), is likely to support a<br />
steady and robust demand for business<br />
jet travel.<br />
NET FLEET GROWTH<br />
Positive Negative No Change<br />
BOMBARDIER<br />
GULFSTREAM<br />
TEXTRON<br />
BOEING<br />
-1.1%<br />
11.1%<br />
0.0%<br />
17.5%<br />
-4.9%<br />
-3.9%<br />
6.8%<br />
2.1%<br />
OEM<br />
44<br />
47<br />
48<br />
80<br />
80<br />
81<br />
77<br />
74<br />
91<br />
90<br />
100<br />
94<br />
LONG RANGE<br />
LARGE<br />
CORP.<br />
AIRLINER<br />
MEDIUM<br />
Size Category<br />
1.1%<br />
22.9%<br />
-3.7%<br />
2.9%<br />
6.3%<br />
5.9%<br />
3.3%<br />
0.0%<br />
60<br />
62<br />
62<br />
80<br />
85<br />
95<br />
96<br />
90<br />
107<br />
103<br />
118<br />
106<br />
Bombardier and Gulfstream remained the<br />
region’s most popular Original Equipment<br />
EMBRAER<br />
-20.9%<br />
11.8%<br />
43<br />
34<br />
38<br />
LIGHT<br />
-23.5%<br />
-3.8%<br />
34<br />
26<br />
25<br />
Manufacturers (OEMs), with <strong>MENA</strong> market<br />
shares of 24% and 22% respectively, thanks<br />
to a net addition of 24 aircraft between the<br />
AIRBUS<br />
3.3%<br />
9.7%<br />
30<br />
31<br />
34<br />
VERY LIGHT<br />
-25.0%<br />
0.0%<br />
24<br />
18<br />
18<br />
two manufacturers. During <strong>2022</strong>, nine new<br />
aircraft were delivered into the <strong>MENA</strong> region<br />
were Bombardier and Gulfstream Long<br />
Range Jets, led by the increasingly popular<br />
DASSAULT<br />
3.4%<br />
-6.7%<br />
29<br />
30<br />
28<br />
Global 7500 and still sought after G650ER.<br />
Notes:<br />
1. 2020 and 2021 data is based on JETNET LLC.<br />
2. Other OEMs include British Aerospace, Honda,<br />
Lockheed and MD.<br />
OTHERS 2<br />
-50.0%<br />
200.0%<br />
2<br />
1<br />
3<br />
400<br />
390<br />
419<br />
2020 1<br />
2021 1<br />
<strong>2022</strong><br />
4 | <strong>YE</strong> <strong>2022</strong> <strong>MENA</strong> BUSINESS JET FLEET REPORT
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