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Gulf Private Jet Operators Face $50k War Risk Insurance Costs

Financial Times Companies •
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Private jet operators face $50,000 war risk insurance fees to land in the Middle East, doubling charter trip costs. Brokers report operators refueling outside the region to avoid $50k+ insurance bills tied to ground time in conflict zones. Initial demand for Gulf-bound private travel surged after US-Israeli strikes on Iran but faded as airlines like Emirates resumed flights.

However, constrained airspace and wealthy travelers still drive significant charter activity, with $5,000-10,000 war risk premiums spiking to $50,000 for single trips depending on airport stipulations.