Private jet charter costs from Saudi Arabia soar after Houthi attacks

Private jet charter costs from Saudi Arabia have surged by over 50% as wealthy travelers flee the kingdom following Houthi attacks. Brokers report a sharp increase in demand driving these prices upward. Additionally, Saudi Arabia has postponed its flagship Future Investment Initiative (FII) conference until 2027. This decision follows multiple attacks on the kingdom in recent days, as reported by Bloomberg's Onur Ant, reflecting the immediate impact of the security situation on travel and investment.