Falcon Luxe Expands Private Jet Charter Offering with Block Hours Access
DUBAI, United Arab Emirates, May 30, 2025 (GLOBE NEWSWIRE) -- Falcon Luxe, the private charter division of Falcon, part of Alex Group Investment, announces the availability of block hours private jet flight access.
The concept is simple: clients pre-purchase a set number of flight hours and draw from them as needed, enjoying priority access to Falcon's fleet. With block hours, there's no need to request a quote for every flight or deal with repetitive booking procedures.
Block hours are increasingly popular for individuals and organisations seeking a practical, reliable way to fly. They are especially useful for companies arranging frequent flights, offering a smarter alternative with cost transparency and guaranteed availability.
Falcon Luxe's block hours bring simplicity and convenience. Clients know what's included, when they can fly, and receive consistent support every time they travel.
'Today, people want flying to be simple,' said Mr. Sultan Rashit Abdulla Rashit Al Shene, Founder & Chairman of Alex Group Investment. 'Block hours are our way of making that happen. You don't have to think about availability, pricing, or paperwork every time. You just fly when you need to, and it works.'
Falcon Luxe continues to adapt its services to meet the evolving expectations of travelers, delivering flexible private jet travel solutions that simplify the way people fly.
Falcon is a premier aviation service provider, offering a one-stop-shop for all your aviation needs.
Media Inquiries
Ines Nacerddine
Director of Marketing - Aviation
Alex Group Investment
Email: ines.nacerddine@alexgroupinvestment.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CTV News
6 hours ago
- CTV News
Rampant cybercriminal group targets Canada and U.S. airlines
A notorious cybercriminal group has shifted its attention to the aviation industry, successfully breaching the computer networks of multiple airlines in the United States and Canada this month, according to the FBI and private experts responding to the hacks. The hacking hasn't affected airline safety, but it has top cyber executives at major airlines across the United States on alert because of the hacking suspects: A network of young cybercriminals called 'Scattered Spider' who are known for their aggressive efforts to extort or embarrass their victims. It's a fresh headache for the travel industry as the busy summer travel season kicks into high gear. This is now the third major U.S. business sector in the last two months, after insurance and retail, to face a flurry of cyberattacks tied to the criminal group. The hackers target big companies and their IT contractors, 'which means anyone in the airline ecosystem, including trusted vendors and contractors, could be at risk,' the FBI said Friday night in a statement that named Scattered Spider as the perpetrator of the airline hacks. 'Once inside (a victim's network), Scattered Spider actors steal sensitive data for extortion and often deploy ransomware,' the FBI said. The FBI, the statement continued, 'is actively working with aviation and industry partners to address this activity and assist victims.' Hawaiian Airlines and Canada's WestJet confirmed this week that they were still assessing the fallout from recent cyberattacks, though the airlines did not name the perpetrators. More victims in the aviation industry could come forward, sources briefed on the investigation said. Toronto Pearson International Airport Travelers at a Westjet check-in counter in Toronto Pearson International Airport on June 30, 2024. (via CNN Newsource) WestJet's issues began two weeks ago, when the airline said it was responding to a 'cybersecurity incident' that was affecting access 'to some services and software systems,' including its app for customers. Both WestJet and Hawaiian Airlines said their operations were unaffected by the hacks. The lack of impact on operations at the airlines is 'likely a sign of good internal network separations or good business continuity and resiliency planning,' said Aakin Patel, the former chief information security officer of Las Vegas' main airport. It is not just the airlines themselves, but other 'segments of the aviation ecosystem' that are seeing increased cyberattacks, according to Jeffey Troy, the president of the Aviation ISAC, an industry group for sharing cyber threats. 'Our members are keenly alert to attacks from financially motivated attackers and collateral impacts emanating out of geo-political tensions around the world,' Troy said in a statement to CNN. The fine margins for error in the airline industry were on display Friday, when a separate IT outage, apparently unrelated to malicious cyber activity, caused delays for some American Airlines passengers. The Scattered Spider hacks have mobilized people across the industry to respond. In-house cybersecurity experts at major airlines have been closely monitoring the situation, sources familiar with the response told CNN, while cybersecurity firms such as Google-owned Mandiant are helping with the recovery and urging airlines to secure their customer service call centers. One of Scattered Spiders' preferred methods of infiltrating corporations is calling up help desks and pretending to be employees or customers. The technique has been highly effective for hackers to gain access to the networks of big companies. 'Airlines rely heavily on call centers for a lot of their support needs,' Patel told CNN, making them 'a likely target for groups like this.' Scattered Spider gained attention in September 2023 when they were linked to a pair of multimillion-dollar hacks on Las Vegas casinos and hotels MGM Resorts and Caesars Entertainment. The hackers tend to pick one sector to target for weeks on end. Earlier this month, they were the suspect in a hack of insurance giant Aflac that potentially stole Social Security numbers, insurance claims and health information. Before that, it was the retail sector: The hackers, according to an internal memo obtained by CNN, targeted Ahold Delhaize USA, which has the same parent company as the Giant and Food Lion grocery chains. 'The actor's core tactics, techniques, and procedures have remained consistent,' Mandiant chief technology officer Charles Carmakal said Friday in a statement, and that it 'is aware of multiple incidents in the airline and transportation sector' that resemble the operations of Scattered Spider. By Sean Lyngaas.
CBC
a day ago
- CBC
Investigators analyzing black box data from fatal Air India crash
Social Sharing Investigators have begun analyzing data extracted from the black boxes of the ill-fated Air India Boeing 787 Dreamliner that crashed on June 12, killing at least 270 people, India's Civil Aviation Ministry said on Thursday. The data is crucial as it will help shed light on the cause of the country's worst aviation disaster in recent memory. A team led by India's Aircraft Accident Investigation Bureau (AAIB) has started looking at the data with support from the U.S. National Transportation Safety Board, the ministry said in a statement. "These efforts aim to reconstruct the sequence of events leading to the accident and identify contributing factors to enhance aviation safety and prevent future occurrences," it said. Indian investigators recovered the black boxes from the wreckage site in the northwestern Indian city of Ahmedabad, a couple of days after the London-bound Air India flight 171 struck a residential area minutes after takeoff. The crash killed 241 people onboard and at least 29 on the ground. There was one survivor. The black box is one of the most important pieces of forensic evidence following a plane crash. There are typically two sturdy devices: the cockpit voice recorder and the flight data recorder. They're typically orange, not black. Indian authorities flew the black boxes from Ahmedabad to the national capital in an Indian Air Force aircraft amid tight security early this week. The investigation could take weeks or months. India set up a state-of-the-art laboratory in New Delhi in April to help the AAIB repair damaged black boxes and retrieve data to enhance the accuracy of investigations. A multidisciplinary team led by AAIB director general GVG Yugandhar is probing the Air India crash with assistance from aviation and air traffic control specialists and experts from the U.S. National Transportation Safety Board. The Indian government has also set up a separate, high-level committee to examine the causes leading to the crash and formulate procedures to prevent and handle aircraft emergencies in the future. The committee is expected to file a preliminary report within three months. Following the crash, Indian authorities had ordered deeper checks of Air India's entire fleet of Boeing 787 Dreamliners to prevent future incidents. Air India has 33 Dreamliners in its fleet. Inspection has been completed for at least 26, while four were undergoing long-term maintenance. The rest were expected to finish the safety checks soon.
Globe and Mail
a day ago
- Globe and Mail
OXY's International Operations Are Powering Multi-Dimensional Growth
Occidental Petroleum 's OXY global upstream footprint plays a pivotal role in driving its growth and resilience. International assets, such as Qatar's Dolphin gas project, Oman's Mukhaizna oilfields and the UAE's Al Hosn Gas, contribute significantly to production and cash flow. These diversified operations help cushion the company from volatility in U.S. shale markets and reduce exposure to domestic regulatory and market fluctuations, providing a more stable foundation for consistent shareholder returns. Occidental continues to deepen its presence in the Middle East and North Africa, with strategic stakes in high-potential regions. The company is the largest independent oil producer in Oman. OXY derives nearly one-fifth of the total production and over a quarter of its proved reserves from the broader Middle East. Occidental is also integrating decarbonization into its global operations through the 1PointFive platform, which is pioneering direct air capture technology. The company's recent memoranda of understanding with Algeria's Sonatrach signal ongoing efforts to explore new hydrocarbon zones, unlocking further production upside and strengthening long-term international partnerships. Occidental expects its international operation to contribute in the range of 226-236 thousand barrels of oil equivalents per day in 2025 to total production. The international initiatives enhance Occidental's free cash flow profile and provide a cushion against domestic concentration risk. With robust operations in resilient global basins and a growing portfolio of low-carbon technologies, Occidental trades at an attractive valuation and offers compelling upside potential as its international strategy continues to evolve. How International Operations Aid U.S. Oil & Gas Companies International operations support U.S.-based oil and gas companies by diversifying revenue streams, stabilizing cash flows and reducing reliance on domestic markets. It supports companies like ExxonMobil XOM and Chevron CVX by providing diversified production sources and reducing exposure to domestic market fluctuations. ExonMobil's offshore assets in Guyana and LNG projects in Papua New Guinea drive high-margin growth, while Chevron's stakes in Kazakhstan's Tengiz field and Australia's LNG operations contribute significantly to earnings and cash flow. International exposure positions both companies to capitalize on emerging market demand and global energy transition opportunities. OXY's Earnings Estimate is Going Down The Zacks Consensus Estimate for Occidental's earnings per share in 2025 and 2026 has decreased 10.16% and 17.38%, respectively, in the past 60 days. Occidental's ROE Lower Than the Industry Return on equity ('ROE'), a profitability measure, reflects how effectively a company utilizes its shareholders' funds to generate income. The trailing 12-month ROE of OXY is 16.6%, a tad lower than its industry's 16.89%. OXY Stock's Price Performance Occidental's shares have gained 3.2% in the past month compared with the industry 's growth of 5.4%. OXY's Zacks Rank Occidental currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Picks Stock Most Likely to "At Least Double" Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren't winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%. See Our Top Stock to Double (Plus 4 Runners Up) >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chevron Corporation (CVX): Free Stock Analysis Report Exxon Mobil Corporation (XOM): Free Stock Analysis Report This article originally published on Zacks Investment Research (
