Executive Service In Lebanon

Editorial Staff

Tuesday, May 19, 2009 at 12:00 AM ET

Verified

Key Takeaways:

Austrian Tyrolean Jet Services (TJS) and Lebanese Clear Sky have formed a new joint venture, Clearsky Tyrolean Jet Services (CTS), based in Beirut.
CTS will offer executive air services, including charter and aircraft management, with plans to open an FBO in the future.
The company will base a 14-seat Dornier 328 jet in Beirut by June 2009 and aims to expand its fleet throughout the Middle East.
This initiative targets the Middle East's executive market, which is seen as having significant growth potential despite current challenges.

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Austria’s Tyrolean Jet Services (TJS) announced at EBACE that it has joined forces with Lebanese company Clear Sky to offer executive air services in the Middle East. The new company will be called Clearsky Tyrolean Jet Services CTS) and operate out of Beirut. CTS will offer charter and aircraft management services and plans to open an FBO at a later date. CTS will base a 14-seat Dornier 328 jet in Beirut from June 2009 and aims to expand its fleet throughout the Middle East.

Basil Al-Rahim, founder of MerchantBridge, which owns Clear Sky, says: “The Middle East executive market is still in its infancy when compared to developed markets and notwithstanding the current challenging global and regional environment, offers important growth opportunities in the medium term. We are pleased to have teamed up with TJS to better serve this market.”