Royal Jet expects up to 15pc revenue growth in 2011

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Private jet operator, Royal Jet, expects its 2011 revenue to grow by up to 15 per cent, despite the turmoil in regional and global markets, the Abu Dhabi-based company's President and CEO, Shane Jeffree O'Hare, told the news agency. "This year we will see somewhere between 12 per cent and 15 per cent growth in our company's overall revenues, which is good, steady, normal growth pattern for us," he said. Commenting on how the poor market conditions impacted Royal Jet's business, O'Hare said that the majority of the company's market was "stable" during the recession, "Except for the corporate market, which affected our business by about 20 per cent". - Gulfnews