Tens of thousands of airline passengers are stranded by the Iran war that has spread across the Gulf region, but some wealthy travelers are getting out — by paying large sums for luxury flights to Europe via airports that are safe from Iranian drone and missile attacks.
Demand for charter flights has skyrocketed, with some people paying up to 200,000 euros ($232,000) as major airports in Dubai, Abu Dhabi and Doha, Qatar, were closed after the start of the conflict last weekend.
Travelers from Dubai, usually known as a safe and luxurious destination, are seeking to evacuate by traveling overland either to Muscat, Oman, about a four-hour drive, or to Riyadh, the capital of Saudi Arabia, more than 10 hours away. Then they board one of the few available commercial flights or take a charter flight, whose costs have soared since the start of the war.
“The demand is huge, and we can’t deliver enough aircraft to respond to the demand,” said Altay Kula, CEO of the France-based private jet broker JET-VIP.
Whereas normally a charter flight on a private jet that can accommodate up to 16 passengers from Riyadh to Porto in Portugal may cost around 100,000 euros ($115,800) these days, the cost has doubled, Kula said.
“This increase in cost reflects the aircraft’s scarcity, the repositioning costs as well, and the operator risk assessments. So this is not speculative pricing,” he added.
Prices can vary depending on the departure point, the type of aircraft and the route constraints, said Ameerh Naran, CEO of Vimana Private Jets. For flights from the Gulf region to Europe, prices are ranging from 150,000 euros ($173,800) to 200,000 euros, he added.
In order to reach functional airports such as those in Riyadh and Muscat, some travelers hire private security companies that coordinate transportation in vehicles ranging from ordinary passenger cars to coach buses.
Due to the heavy traffic, wait times at border points with Oman can be up to four hours, while costs range in the thousands of dollars, said Ian McCaul, operations and planning director with Alma Risk, a U.K.-based risk management and security firm.
Those seeking to leave are predominantly stranded travelers, as opposed to residents, McCaul added.
He estimates his company has made transfer arrangements for more than 200 people and advised several others in recent days.
Vimana’s clients include business executives, families and entrepreneurs, as well as remote workers who had been based in the region, Naran said.
Experts from the International SOS security and health services company expect the fighting to continue to affect transportation and energy infrastructure for weeks.
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