Majestic Executive Aviation and Luxury Travel L.L.C. was formed in April, 2006. The new Dubai based company will serve the fast-growing needs of the private aviation sector and will offer charter for private and corporate users as well as promote the lease and purchase of executive aircraft in the region. Majestic intends to base its Middle East operations hub in Dubai and is evaluating the introduction of a Falcon 900 aircraft as well as Challenger 604 and Learjet 60 aircraft to the market.