UAE private jet companies thrive on influx of millionaire flyers
A record number of flights taken on private jets has prompted UAE aviation companies to bolster their luxury charter fleets, amid an influx of millionaires and billionaires.
Dubai-based jet operator Vista Global has placed a $1 billion order with Canadian manufacturer Bombardier. The deal for 40 Challenger 3500 business jets has an option for an additional 120 planes, which would bring the value to as much as $4.7 billion, Reuters reports.
With the lure of an advantageous tax regime and a safe and luxurious lifestyle, Dubai and neighboring Abu Dhabi have become the world’s top destinations for millionaires, driving a sustained boom in luxury property and, now, demand for private jets.
Dubai’s main private jet hub at Dubai South reported a record-breaking 20,289 business aviation movements in 2025, up 17% on the prior year.
Shares in Montreal-based Bombardier have risen by more than 200% over the past year based on strong revenue growth, including higher demand for aftermarket servicing. The company is looking at increasing production of private jets to meet the growing demand.
The 3500 model is an upscale version of Bombardier’s Challenger 350, seating up to 10 passengers. It features a 6-foot cabin height, deep-reclining seats and voice-controlled cabin lighting, temperature and entertainment.