EaseMyTrip forays into charter aviation after acquiring 49% stake in Big Charter

Nishant Pitti, Chairman and Founder of EaseMyTrip

Online travel platform EaseMyTrip on Monday ventured into the charter aviation market after it received the in-principle Board approval to acquire a 49% stake in Big Charter Pvt Ltd. The Indian charter aviation industry, currently valued at approximately $650.5 million, is projected to grow to $1.14 billion by 2033, fueled by increasing demand for regional connectivity, corporate travel, and private flying.

Globally, the charter aviation sector is witnessing exceptional growth, with projections indicating a market value exceeding $33 billion by 2033.

The travel company aims to enhance the charter booking and pricing process by integrating its technology into Big Charter’s existing operations.

Furthermore, the acquisition aligns with EaseMyTrip’s broader mission to democratize travel, particularly in Tier-2 and Tier-3 cities, where Big Charter has a solid presence.

“This partnership is a crucial step toward making charter air travel more accessible across India. By combining EaseMyTrip’s cutting-edge technology with Big Charter’s established expertise, we are poised to revolutionize the way air travel is experienced. The integration of their NSOP operations will allow us to cater to a wider range of premium customers, further solidifying our commitment to driving the growth of India’s charter aviation market,” said Nishant Pitti, Chairman and Founder of EaseMyTrip.

Meanwhile, Big Charter Pvt Ltd has established itself as a leader in regional connectivity and NSOP operations. In FY 2023-24, Big Charter generated Rs 128.75 crore (approximately $15.5 million) in revenue, with significant growth potential as the demand for regional and charter services continues to rise.

“Partnering with EaseMyTrip marks a transformative moment for us. Leveraging EaseMyTrip’s technological expertise and vast customer base will accelerate our growth, expand our reach, and enhance the efficiency of our services. Together, we are positioned to offer a more accessible and seamless travel experience, strengthening our mission to provide affordable, reliable, and high-quality travel options across India,” said Sanjay Mandavia, Director of Big Charter Pvt Ltd.