ArcosJet, a Dubai-based global aircraft brokerage firm, have announced its purchase of shares in Air Chateau, a private heliport operator company, as part of a plan to develop a large-scale helicopter project in UAE.

“We see an unfilled market niche in developing private helicopter infrastructure in the UAE. Together with Air Chateau and with support of the government of Dubai, we expect to unite heliports across the Emirates into one network with Dubai South and the Mohammed Bin Rashid Aerospace Hub (MBRAH), which will greatly improve door-to-door accessibility of the entire area for UHNWIs. In doing so, we will place priority on state-of-the-art technology-driven innovative solutions with an emphasis on sustainable development”, says Mikhail Alenkin, ArcosJet Founder and CEO.

Air Chateau presently possesses a certified 8-pad commercial heliport at the VIP Terminal within Dubai’s Al Maktoum International Airport, which commenced operations in November 2021. Additionally, the country’s first commercial helicopter hangar situated outside of airport premises, is slated to become operational by April 2024.