Officials expect atleast 100 new aircraft or engines to be leased from GIFT City in 2025. Lessors feel that for GIFT City to become a global hub, an ecosystem conducive to the leasing business, including a repair and maintenance unit, needs to be set up.
These planes can be deployed for airport transfers, regional connectivity, inter-city commute, intra-city shuttles and urban air taxis, JetSetGo said.
The company imported its Hawker 800 XP aircraft from Dubai and leased it through GIFT City on July 16 and is the second aircraft it has leased from it.
At the age of 22, Kanika Tekriwal set up her own aviation-based startup after defying cancer, parental opposition and casual sexism.
While safety from the pandemic was the primary reason for a boost in private charters, factors like convenience and falling rates also contributed.
The private jet charter company has taken on the role of a “guinea pig” to lease an aircraft to itself and test the feasibility of the leasing model in India.
The new leasing company may start off its business with two aircraft, a small but vital start both for GIFT City and for India, which till now doesn't have a single lessor.
Mumbai-based private jet aggregation startup Bookmycharter has started a ‘Ferry Flight’ concept where in a client can let other passengers travel en route on empty seats...
The private jet business in India reeks with lack of transparency and corruption which digital aggregation startups are trying to solve...
Traditional methods of booking chartered flights done through brokers take up to 48 hours or longer. Enter BookMyCharters, the long-drawn process ends in a click. Travellers get fare, aircraft type and availability and can make bookings in under a minute.