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Durrani says the desire for luxury and exclusivity among the global super-rich extends to private aviation, accounting for its growth in Gulf states like the UAE and Saudi Arabia — which is also helped by “the fact that Dubai has such a long-standing history of being a global hub for connectivity.” “If we think back to December 2020, when much of the world was in a state of lockdown, the UAE was not. And a lot of ultra-high net worth individuals who were grounded … were first-time visitors to Dubai, because it’s the only place they could visit.”
