Damac Properties Unveils Plans to Launch Luxury Airline Damac Air

Dubai-based developer Damac Properties has announced plans to enter the aviation sector with its own luxury airline, Damac Air. The new carrier will offer flights to popular holiday destinations, including Seychelles, Maldives, Bali, Bora Bora, Fiji, and Hawaii.

According to a statement on its website, Damac Air aims to provide unparalleled journeys that capture the essence of the world's most coveted tropical paradises. The airline is positioning itself as more than just travel, but rather an entire lifestyle experience that blends exotic thrills with home comforts.

To coincide with its launch, Damac Air is offering a chance for registrants to win a free trip. This promotion highlights the airline's approach of transforming how people live and vacations are experienced. The airline will be competing with established players in the region, including Beond and Rotana Jet.

The launch of Damac Air comes as Dubai solidifies its position as a global hub for luxury travelers, with over 72,500 millionaires and 15 billionaires calling the city home. This growing demand drives the need for high-end air travel options.

According to Moody's, recent ratings revisions attributed stability to Damac Properties' strong sales, active construction, and sound financial management. The developer has also made significant investments in its projects, awarding contracts worth over Dh7 billion in the first half of 2024.

As Damac Air prepares to take to the skies, the city is positioned for success in the luxury airline market.