The pandemic has given wings to the personal jet charter business, which is experiencing increasing demand from high-net Americans (HNIs) and industrialists who are reluctant to take normal flights on domestic and foreign routes, which has allowed personal jet corporations to gain credit. market niche even as airlines seek to catch travelers on their scheduled flights.
The latest addition to the personal aircraft rental market is MakeMyTrip. “With the lifting of restrictions, other people are exploring various tactics to get where they want, adding charter flights, for professional, personal, devout or other reasons,” Saujanya Shrivastava said. COO – Flights Business, MakeMyTrip. La demand for charter flights has increased, and others are looking for safe and personalized features as they continue to prioritize social distance, he added.
However, he said it was difficult to provide figures because the segment was just introduced this month.
Kanika Tekriwal, CEO and founder of JetSetGo Aviation, said that before Covid, the company would get 30 to 40 requests according to the day for charter flight bookings. in the call and have only been to respond to 50-60% of requests, basically because regulations replace overnight in one country or another,” he added.
MakeMyTrip aims at companies, NICs and luxury travelers for their charter flights. JetSetGo, which has been in the industry since 2014, says it has a giant visitor base, adding executive directors of FORTUNE 500, film production companies, food packages, sports personalities and ferragamo family members.
JetSmart (IndJets India Pvt Ltd), which has been operating since 2016, has lawyers, small businesses and travelers among its clients.
Industry stakeholders would have been much larger if states had not followed other quarantine regulations during the pandemic. JetSmart CEO Anoop Sehan said uniform quarantine regulations in all states would have contributed to greater flight planning.
According to JetSetGo, at the time of closure in parts of the world, the company discovered an herbal drop in applications of approximately 10 to 12, consistent with the day to bring home other people trapped in parts of the world.
“As soon as the air suspension was lifted nationally, we began to witness about 20 consistent requests a day. Of this figure, 70% came here from new customers,” said Tekriwal, who also noted that “as far as business is concerned, we only see 30 to 40% of the activity of what we used to get in the pre-free period. “
Traditionally, the personal jet has been between the subway and also from Tier II cities to Tier I cities for medical purposes. JetSetGo lists Mumbai-Hyderabad, Mumbai-Kolkata, Delhi-Pune, Kolkata-Ahmedabad, Vijaywada-Delhi, Mumbai-Shamshabad, unless foreign destinations such as Singapore, London, Male, Dubai, Bangkok, Hong Kong and Dhaka, as popular routes with their customers.
The rental of private aircraft, however, will be a niche market, given its cost.
According to Sehan, the diversity of fares ranges from 85,000 ₹ to four lakh ₹ or more, according to the most GST time. This comes with airport fares.
And, if it’s a one-way ticket, you can also finish paying the flight bill for the plane to your base.
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