G450 Aircraft to Offer Safety, Reliability and Comfort to Leisure and Business Passengers Traveling To and From the Middle East To Destinations around the World
Dubai - UAE, Nov. 11, 2007 - Saraya Aviation has purchased three Gulfstream G450 business jets to add to its elite air carrier, providing long range flights for its new charter flight operation, that will cater for Saraya customers, interested travelers, corporate executives and government officials traveling across the world. Operations of Saraya Aviation will commence on board of its existing air fleet in 2008.
Saraya Aviation is based in Abu Dhabi-United Arab Emirates, with branch offices in Dubai, Amman and Riyadh; however, its charter aircraft will be based at various airports according to demand. Saraya Aviation is an air-charter company within Saraya, a Real Estate Development and Asset Management Company investing in the Travel and Tourism industry across the world.
"Saraya Aviation has purchased three Gulfstream G450 aircraft to enhance its elite fleet of charter planes. These new aircraft complement our strategy of maintaining a presence in the world, by offering leisure destinations and exciting air charter services to clients worldwide," said Ali Kolaghassi, Vice Chairman and CEO of Saraya Holdings. "We are confident the safety, reliability and comfort of the G450, along with the support of the Gulfstream name, will serve Saraya Aviation and its customers extremely well."
Gulfstream President, Joseph T. Lombardo, explained the significance of the Saraya Aviation purchase. "We are pleased that Saraya Aviation has chosen three long-range G450s to add to its air charter fleet of aircraft," he said. "Like Saraya, we believe the demand for charter air travel will continue to rise. Also like Saraya, we are dedicated to offering only the best for our customers. We look forward to working with Saraya Aviation as they expand their enterprise."
The demand for Gulfstream aircraft outside the United States is rising significantly. Historically, Gulfstream sold the majority of its aircraft to North American-based operators. However, in the first half of this year and for the first time, the majority of aircraft were sold to customers outside the United States. The Middle East, Europe, India and Asia-Pacific continue to show significant growth, according to Lombardo.
Powered by two Rolls-Royce Tay Mk 611-8C engines, the G450 can fly 4,350 nautical miles nonstop and at speeds of up to 0.88 Mach. From Amman, the G450 can fly nonstop to London, Moscow, Beijing, Bangkok or Johannesburg. One of the most dependable aircraft of its class, the Gulfstream G450 has a dispatch reliability rate of 99.76 percent. The G450 features PlaneView®, the most advance flight deck in its class, and the Gulfstream Enhanced Vision System (EVS) as standard equipment. Typically outfitted for eight passengers, the G450 provides a comfortable cabin that serves equally well as an airborne office for business travelers or a private retreat for leisure travelers.
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About Saraya Aviation
Saraya Aviation is an elite air carrier that was announced at the 7th annual European Business Aviation Convention and Exhibition (EBACE) in May 2007 in Geneva-Switzerland; to become the first luxury service offered by Saraya, among a list of more services to come, catering for those who decide to escape on a hassle free and luxury filled journey to the destination of their choice.
Saraya Aviation will commence its operations to provide jet charter flights for individuals, visitors, businessmen and any interested travelers as of 2008; granting short and long distance trips taking off and landing from any Saraya destination and anywhere in the globe. Saraya Aviation announced at the Paris Air Show on the 19th of June 2007, the acquisition of three P.180 Avanti II aircraft, to be delivered in 2008/2009 with an option for another three to be purchased in the future. The P.180 Avanti II aircraft will be the first to be part of the Saraya Aviation elite air carrier, with more aircraft to come. The seven passenger aircraft is especially tailored for businessmen seeking a quiet, comfortable, and relaxing ride to their business destinations. The P180 Avanti II produced by the Italian company Piaggio Aero Industries SPA, was announced as the latest version of its prestigious business aircraft and the fastest and most modern turboprop available in the world; making Saraya the first company in the region to introduce this brand complying with the high standards and exclusivity offered by Saraya and meeting Saraya's customers every need.
About Saraya
Saraya, established in 2005, is a Real Estate Development and Asset Management Company investing in the travel and tourism industry. Saraya's vision is manifested in turning undiscovered natural, rich and unique locations into luxurious destinations. Saraya seeks to support the economic growth of the countries it invests in by developing projects that maximize shareholders' value and contribute to local communities' sustainable development. Through its investment subsidiaries, Saraya has invested in Saraya Aqaba project, currently being developed in the Red Sea city of Aqaba, Jordan. While other projects - Saraya Islands in Ras Al Khaimah, United Arab Emirates; Saraya Dead Sea in the Dead Sea, Jordan; Saraya Bandar Jissah near Muscat in Oman; and Saraya Aktau on the Caspian Sea in Kazakhstan - are at various stages of development.
Through strategic partnerships with public and private sectors, Saraya provides all facilities and services that a modern touristic city offers; including premium hotels, retail, entertainment, leisure and sport facilities, superb residential units while preserving the natural environment and local cultures.
Saraya has introduced a bouquet of customized services to complement its world class destinations; granting all customers an unmatched and holistic experience. Saraya announced its first service, "Saraya Aviation", a Private Jet Charter Operation which is designed at servicing individuals as well as large corporations, banks and government officials in addition to visitors, tourists and businessmen. Saraya Aviation's fleet will grant short and long distance trips, taking off and landing from any destination in the world, and will commence operations in June 2008.
In September 2007, Saraya announced its second elite service for its customers, "Saraya Realty", a fully owned subsidiary of Saraya. "Saraya Realty" will be the exclusive property selling, leasing and re-sales arm for all Saraya's luxurious destinations mainly targeting both end users and second-home owners through a variety of product packages tailored to meet their utmost satisfaction, hence offering customers and investors multiple options for investing their money in the most convenient manner while adding value to their investments. For more information on Saraya Holdings, please visit www.sarayaholdings.com.
Gulfstream Aerospace Corporation
A wholly owned subsidiary of General Dynamics (NYSE: GD), designs, develops, manufactures, markets, services and supports the world's most technologically advanced business-jet aircraft. Gulfstream has produced some 1,600 aircraft for customers around the world since 1958. To meet the diverse transportation needs of the future, Gulfstream offers a comprehensive fleet of aircraft, comprising the wide-cabin, high-speed Gulfstream G150®; the large-cabin, mid-range Gulfstream G200®; the large-cabin, mid-range Gulfstream G350®; the large-cabin, long-range G450®; the large-cabin, ultra-long-range Gulfstream G500® and the large-cabin, ultra-long-range Gulfstream G550®. Gulfstream also offers aircraft ownership services via Gulfstream Financial Services Division and Gulfstream Pre-Owned Aircraft Sales®. The company employs more than 9,100 people at seven major locations. We invite you to visit our Web site for more information and photos of Gulfstream aircraft at www.gulfstream.com.
General Dynamics
Headquartered in Falls Church, Virginia, employs approximately 82,900 people worldwide and anticipates 2007 revenues of more than $27 billion. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about the company is available online at www.generaldynamics.com.
For more information:
Saraya Aviation
Dimah Khalili
Media Communication and PR Manager
Tel: +962 6 5505444
Fax: +962 6 5561738
E-mail: dkhalili@sarayaholdings.com
www.sarayaholdings.com
Gulfstream Aerospace Corp.
Robert Baugniet
Director, Corporate Communications
Tel: 912.965.7372
Mobile: 912.484.7372
E-mail: robert.baugniet@gulfstream.com
© Press Release 2007



















