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Dubai’s Millionaires Fueling a Private Jet Boom
Dubai’s private jet market is experiencing a significant boom, driven by the influx of high-net-worth individuals. According to recent reports, the city attracts more millionaires than any other country in 2024, with over 6,700 millionaires contributing to this trend. The UAE accounts for nearly 60% of the private aviation industry’s growth in the region, with the Middle East market set to almost double to around $1 billion in the next five years. This surge in demand is reflected in the luxury jet market, where clients are insisting on having international fast-food chains like McDonald’s and KFC on their menus, regardless of their location.
