Rizon is preparing to operate its first managed Global XRS which will join its first in-service Challenger 605 at its base in Doha. Rizon, which has bases in the Middle East and UK, has been granted its Air Operating Permit (AOP) from the Qatar Civil Aviation Authority, becoming the first Doha-based private jet company to receive approval for business jet operations from Qatar.
Aircraft deliveries in 2026 are expected to be greater than 157 aircraft, while revenues are expected to be greater than $10.0 billion, an increase of more than $0.4 billion on 2025. Debts are being repaid.
Following the transition flight of its large-scale prototype in May 2025 that validated the company's patented fan-in-wing technology, Horizon has been designing and building its full-scale hybrid-electric VTOL aircraft.