ACS Dubai thrives despite economic slump

Nov. 17, 2009 - PRLog -- Air Charter Service Dubai (ACS) has seen massive growth so far in 2009. The entire ACS group is booming despite the economic downturn, and ACS Dubai is leading the way. August, September and October 2009 were record months for Air Charter Service’s Dubai office.

The largest increase in ad-hoc charters was witnessed since operations started in the Middle East. ACS has now performed more than 3,000 charters worldwide so far this year and, in doing so, has overtaken last year’s numbers already. The Air Charter Service Group was founded in 1990, and currently turns over more than $250m. ACS's offerings and service have proved so popular, that in a market considered to be shrinking by 25-30 percent so far in 2009, ACS has grown by around 20 percent so far this year, in both terms of numbers of charters, as well as overall revenue.

Dmitriy Korshunov, Director ACS Dubai commented, “While some companies are struggling, we have won new business as customers search for a better deal. We have also retained customers by pre-empting the economic slump and reducing our own rates in order to make money through volume increases rather than profit margin. This strategy has worked as our business is up, and our customers are getting a better deal.”

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Air Charter Service is an air charter broker with a global network of 9 offices in North America, Europe, Africa, CIS, the Middle East and Asia.