The Abu Dhabi-based jet charter company Royal Jet has started its fleet expansion worth $700 million (Dh2.6 billion). Its acquisition includes the delivery of two Bombardier aircraft and of two Boeing Business Jets (BBJs).
The first delivery of a Bombardier Learjet 60 XR took place in October and a Bombardier Global 5000 in November this year as per information shared by Patrick Gordon, acting president and chief executive of the company.
A second Global 5000 is slated to join the fleet in January 2015 followed by Learjet 60 XR in April 2015.
The delivery of two Boeing BBJ1s, corporate models of the 737 series, one in September and the other one in December 2015, will bring the fleet size to 11 aircraft in total.
The Learjet 60 XR has seating arrangement up to nine, costs around $13 million and the Global 5000, which seats up to 12 people, costs around $50 million at list prices.
Boeing 737, which the BBJ1 is based on, has a list price of between $78 and $99 million.
The airline aims to expand its fleet to 20 aircraft by 2020.