Falcon Elite Achieves Exceptional Growth in Aircraft Movements in Less Than a Year
DUBAI, United Arab Emirates, June 04, 2025 (GLOBE NEWSWIRE) -- Falcon, part of Alex Group Investment, has reported a +150% growth in aircraft movements between August 2024 and May 2025, positioning itself as one of the fastest-growing players in the region's private aviation sector.
In less than one year, Falcon Elite has transformed from a promising terminal into a dynamic, high-traffic hub for elite clientele. This performance highlights Falcon Elite's ability to anticipate and respond to key seasonal peaks, while also reflecting the trust clients place in the private terminal's exceptional services.
When Falcon Elite first debuted, it started with a modest 6.92% increase in traffic. Fast forward to May 2025, the terminal saw a remarkable 33.81% growth compared to the previous months. This increase was driven by new clients, a rise in diplomatic flights, and the start of the summer season.
Prior to that, November 2024 saw a 52.75% increase, coinciding with Dubai's high season, including major events like the Formula 1 Abu Dhabi Grand Prix, a boost in regional business traffic & holiday travel.
This grow is a result of consistently going beyond expectations & seizing every opportunity.
Mr. Sultan Rashit Abdulla Rashit Al Shene, Founder & Chairman of Alex Group Investment, shared "What we've achieved with Falcon Elite is just the beginning. We've built something exceptional, and it's all thanks to the trust our clients have placed in us. Their belief in our vision has been the driving force behind our success."
About Falcon
Falcon is a premier aviation service provider, offering a one-stop-shop for all your aviation needs.
Discover more at flyfalcon.com, Instagram and LinkedIn
Media Inquiries
Ines NacerddineDirector of Marketing - AviationAlex Group InvestmentEmail: ines.nacerddine@alexgroupinvestment.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d1b32af4-08a4-4c31-b315-c5782ce33cca
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
18 hours ago
- Yahoo
Microsoft Expands Security Footprint: Is it the Next Revenue Pillar?
Microsoft's MSFT aggressive expansion into cybersecurity services is gaining momentum as a potential major revenue driver, with the company recently launching its European Security Program and reporting strong growth metrics in its security customer tech giant now serves 1.4 million security customers globally, with over 900,000 utilizing four or more security workloads, representing 21% year-over-year growth. This customer concentration suggests deepening enterprise relationships and higher revenue per customer, critical indicators for sustainable growth in the security European Security Program, announced in Berlin, offers free AI-based threat intelligence sharing to European governments, including all 27 EU member states. While provided at no cost, this strategic move positions Microsoft to capture future commercial opportunities and establishes the company as a trusted security partner across a significant economic integration of artificial intelligence into security operations appears central to Microsoft's strategy. The company processes 84 trillion daily threat signals and has introduced Security Copilot agents designed to autonomously handle high-volume security tasks. This AI-powered approach could differentiate Microsoft's offerings in an increasingly crowded cybersecurity identity service Entra has reached more than 900 million monthly active users, providing a substantial foundation for cross-selling additional security services. The company's multi-workload customer growth suggests successful expansion beyond basic security offerings into comprehensive enterprise cybersecurity threats intensifying globally and organizations increasing security budgets, Microsoft's expanding security portfolio — leveraging its cloud infrastructure and AI capabilities — positions the segment as a potentially significant revenue contributor alongside its established cloud and productivity businesses. Microsoft's 1.4 million security customers contrast sharply with pure-play cybersecurity specialists. CrowdStrike CRWD focuses on premium enterprise segments, with 48% of subscription customers adopting six or more cloud modules, while 32% utilize seven modules and 22% deploy eight or more modules as of April 2025. CrowdStrike's AI-native Falcon platform directly challenges Microsoft's security offerings, though CrowdStrike maintains superior endpoint protection brand recognition. Palo Alto Networks PANW serves more than 80,000 enterprise customers, pursuing platform consolidation strategies similar to Microsoft's multi-workload approach. Palo Alto Networks continues expanding AI capabilities through acquisitions, yet Palo Alto Networks lacks Microsoft's integrated cloud infrastructure advantages for seamless delivery. The Zacks Consensus Estimate for Microsoft's fiscal 2025 revenues is pegged at $278.8 billion, suggesting 13.47% year-over-year growth. The consensus mark for earnings is pegged at $13.33 per share, indicating a 12.97% year-over-year increase. Microsoft Corporation price-consensus-chart | Microsoft Corporation Quote Find the latest EPS estimates and surprises on Zacks Earnings stock's current valuation of 11.09 times forward sales appears to fully account for near-term growth potential, exceeding the Zacks Computer - Software industry average of 9.16 times. Image Source: Zacks Investment Research Shares of Microsoft have returned 10.1% year to date compared with the Zacks Computer & Technology sector's growth of 0.4%. Image Source: Zacks Investment Research MSFT stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report Palo Alto Networks, Inc. (PANW) : Free Stock Analysis Report CrowdStrike (CRWD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Yahoo
Dassault Aviation: Dassault Aviation partners with Tata Advanced Systems to manufacture Rafale fighter aircraft fuselage for India and other global markets
Dassault Aviation partners with Tata Advanced Systems to manufacture Rafale fighter aircraft fuselage for India and other global markets (Saint-Cloud, Mumbai, June 5, 2025) - Dassault Aviation and Tata Advanced Systems Limited have signed four Production Transfer Agreements to manufacture the Rafale fighter aircraft fuselage in India, marking a significant step forward in strengthening the country's aerospace manufacturing capabilities and supporting global supply chains. This facility represents a significant investment in India's aerospace infrastructure and will serve as a critical hub for high-precision manufacturing. Under the scope of the partnership, Tata Advanced Systems will set up a cutting-edge production facility in Hyderabad for the manufacture of key structural sections of the Rafale, including the lateral shells of the rear fuselage, the complete rear section, the central fuselage, and the front section. The first fuselage sections are expected to roll off the assembly line in FY2028, with the facility expected to deliver up to two complete fuselages per month. "For the first time, Rafale fuselages will be produced outside France. This is a decisive step in strengthening our supply chain in India. Thanks to the expansion of our local partners, including TASL, one of the major players in the Indian aerospace industry, this supply chain will contribute to the successful ramp-up of the Rafale, and, with our support, will meet our quality and competitiveness requirements", said Eric Trappier, Chairman and CEO of Dassault Aviation. Sukaran Singh, Chief Executive Officer and Managing Director, Tata Advanced Systems Limited, said, 'This partnership marks a significant step in India's aerospace journey. The production of the complete Rafale fuselage in India underscores the deepening trust in Tata Advanced Systems' capabilities and the strength of our collaboration with Dassault Aviation. It also reflects the remarkable progress India has made in establishing a modern, robust aerospace manufacturing ecosystem that can support global platforms.' The signing of these contracts reflects Dassault Aviation's strong commitment to India's 'Make in India' and AtmaNirbhar initiatives. This partnership aims to strengthen India's position as a key player in the global aerospace supply chain while supporting its goal of greater economic self-reliance. * * * ABOUT DASSAULT AVIATION: With over 10,000 military and civil aircraft (including 2,700 Falcons) delivered in more than 90 countries over the last century, Dassault Aviation has built up expertise recognized worldwide in the design, production, sale and support of all types of aircraft, ranging from the Rafale fighter, to the high-end Falcon family of business jets, military drones and space systems. In 2024, Dassault Aviation reported revenues of €6.2 billion. The company has 14,600 employees. ABOUT TATA ADVANCED SYSTEMS LIMITED: Tata Advanced Systems Limited, a wholly owned subsidiary of Tata Sons, is a significant player for aerospace and defence solutions in India. TASL offers a full range of integrated solutions across: Aerostructures & Aeroengines, Airborne Platforms & Systems, Defence & Security, and Land Mobility. Tata Advanced Systems has a strong portfolio of partnerships and joint ventures with leading global aerospace and defence firms, making it an integral partner in the international supply chain and in some instances, a global single source provider for leading aerospace and defence OEMs. With the requisite capabilities, resources and scale, Tata Advanced Systems is equipped to deliver end-to-end innovative solutions throughout the entire aerospace and defence value chain from design to full platform assembly, and is well positioned in areas that include satellites, missiles, radars, unmanned aerial systems, artillery guns, command and control systems, optronics, homeland security and land systems, in addition to aircraft and helicopters. PRESS CONTACTS: Dassault Aviation Corporate Communications Stéphane Fort: +33 (0)1 47 11 86 90 - Mathieu Durand: +33 (0)1 47 11 85 88 - Rafale CommunicationNathalie Bakhos: +33 (0)1 47 11 84 12 - HD photos: videos: Tata Advanced Systems Limited Corporate Communications Sarika Kapoor Chokshi – +91 9223301710 ; skchokshi@ Kamat –+91 92235 29689 ; akamat@ Attachment Press Release_Dassault Aviation partners with TASLError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Yahoo
Dassault Aviation: Dassault Aviation partners with Tata Advanced Systems to manufacture Rafale fighter aircraft fuselage for India and other global markets
Dassault Aviation partners with Tata Advanced Systems to manufacture Rafale fighter aircraft fuselage for India and other global markets (Saint-Cloud, Mumbai, June 5, 2025) - Dassault Aviation and Tata Advanced Systems Limited have signed four Production Transfer Agreements to manufacture the Rafale fighter aircraft fuselage in India, marking a significant step forward in strengthening the country's aerospace manufacturing capabilities and supporting global supply chains. This facility represents a significant investment in India's aerospace infrastructure and will serve as a critical hub for high-precision manufacturing. Under the scope of the partnership, Tata Advanced Systems will set up a cutting-edge production facility in Hyderabad for the manufacture of key structural sections of the Rafale, including the lateral shells of the rear fuselage, the complete rear section, the central fuselage, and the front section. The first fuselage sections are expected to roll off the assembly line in FY2028, with the facility expected to deliver up to two complete fuselages per month. "For the first time, Rafale fuselages will be produced outside France. This is a decisive step in strengthening our supply chain in India. Thanks to the expansion of our local partners, including TASL, one of the major players in the Indian aerospace industry, this supply chain will contribute to the successful ramp-up of the Rafale, and, with our support, will meet our quality and competitiveness requirements", said Eric Trappier, Chairman and CEO of Dassault Aviation. Sukaran Singh, Chief Executive Officer and Managing Director, Tata Advanced Systems Limited, said, 'This partnership marks a significant step in India's aerospace journey. The production of the complete Rafale fuselage in India underscores the deepening trust in Tata Advanced Systems' capabilities and the strength of our collaboration with Dassault Aviation. It also reflects the remarkable progress India has made in establishing a modern, robust aerospace manufacturing ecosystem that can support global platforms.' The signing of these contracts reflects Dassault Aviation's strong commitment to India's 'Make in India' and AtmaNirbhar initiatives. This partnership aims to strengthen India's position as a key player in the global aerospace supply chain while supporting its goal of greater economic self-reliance. * * * ABOUT DASSAULT AVIATION: With over 10,000 military and civil aircraft (including 2,700 Falcons) delivered in more than 90 countries over the last century, Dassault Aviation has built up expertise recognized worldwide in the design, production, sale and support of all types of aircraft, ranging from the Rafale fighter, to the high-end Falcon family of business jets, military drones and space systems. In 2024, Dassault Aviation reported revenues of €6.2 billion. The company has 14,600 employees. ABOUT TATA ADVANCED SYSTEMS LIMITED: Tata Advanced Systems Limited, a wholly owned subsidiary of Tata Sons, is a significant player for aerospace and defence solutions in India. TASL offers a full range of integrated solutions across: Aerostructures & Aeroengines, Airborne Platforms & Systems, Defence & Security, and Land Mobility. Tata Advanced Systems has a strong portfolio of partnerships and joint ventures with leading global aerospace and defence firms, making it an integral partner in the international supply chain and in some instances, a global single source provider for leading aerospace and defence OEMs. With the requisite capabilities, resources and scale, Tata Advanced Systems is equipped to deliver end-to-end innovative solutions throughout the entire aerospace and defence value chain from design to full platform assembly, and is well positioned in areas that include satellites, missiles, radars, unmanned aerial systems, artillery guns, command and control systems, optronics, homeland security and land systems, in addition to aircraft and helicopters. PRESS CONTACTS: Dassault Aviation Corporate Communications Stéphane Fort: +33 (0)1 47 11 86 90 - Mathieu Durand: +33 (0)1 47 11 85 88 - Rafale CommunicationNathalie Bakhos: +33 (0)1 47 11 84 12 - HD photos: videos: Tata Advanced Systems Limited Corporate Communications Sarika Kapoor Chokshi – +91 9223301710 ; skchokshi@ Kamat –+91 92235 29689 ; akamat@ Attachment Press Release_Dassault Aviation partners with TASLSign in to access your portfolio
