Planners at Saudi Arabia’s General Authority for Civil Aviation (GACA) are moving ahead with a new business aviation strategy launched at the Future Aviation Forum in May. However, calls for decreasing jet size to spur a dramatic increase in particularly domestic charter availability continue to reverberate around the expansive country.
Over the past six months, regional and international expressions of interest have been coming in and, in some cases, agreements have already been signed. Most immediately, there will be substantial investment opportunities for infrastructure funds, airport operators, aircraft operators, FBOs, and MROs, according to GACA’s blueprint.