Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How has the rise in crude oil prices affected members?

0
10 Posted

How has the rise in crude oil prices affected members?

0
10

AB. It has been very minimal actually. If you tell a businessman or a customer that instead of paying US$40,000.00 a flight it has to be US$41,000 or US$41,500 the impact is really minimal. He will not cancel the flight because of US$1000 when he’s paying US$40,000. It definitely affects those flying on a commercial airline where previously you had to pay US$1000 and now it’s US$1300. So the impact is definitely higher but I cannot say that it has affected the demand on business jets. BM. How seriously does MEBAA take the issue of security? AB. Of course, it is one of our major issues. The members get together in meetings and discuss safety issues. We also pass our concerns to civil aviations and vice versa. It is one of, and probably the most important aspect, of the business as far as MEBAA is concerned. BM. For those considering using a business jet, what would you say it offers customers benefits compared to flying with a commercial airline? AB. Flying on a private jet you can arri

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.