”This demand has increased as large groups, including ultra-wealthy families, senior executives of multinational companies, and sports teams, seek to travel together.”
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The number of charter flights has increased as the US-Israeli-Iranian conflict in the Middle East has escalated. The war, which began on February 28, has caused the largest air travel disruption in the Gulf region since the COVID-19 pandemic. Commercial airline flights have been grounded due to repeated missile and drone attacks. ''The demand for charter flights has skyrocketed as regular flight schedules have been limited or uncertain,'' John Matthews, president and founder of private jet company AirX, told CNN on Tuesday. ''Tens of thousands of passengers have been stranded. Even as some airlines have begun to open limited routes, people are paying high prices to charter private jets.'' Matthews added, ''The demand has increased as large groups, including super-rich families, top executives of multinational companies, sports teams, and others, try to travel together.''
Bernardus Vorster, CEO of private charter company SHY Aviation, told CNN, "Before the war, there were an average of 10 to 15 private jets flying out of Muscat, Oman, Dubai and Riyadh, Saudi Arabia, every day. But last Wednesday, that number jumped to 98." Limited availability of aircraft, high insurance costs and the fact that most planes have to return empty are driving up ticket prices, Vorster said.
