Shuffling between cities and visiting remote locations has become easier for corporate India that has turned towards executive jets to ferry them whenever and wherever they want. "India has realized a 46 percent increase in registered private jets in the past 36 months," Justin Lee Firestone, Group Managing Director, Firestone Management, which recently came out with a bi-annual report on Indian aviation said, as per an IANS report.
Though small in number, the niche is witnessing a boom, thereby attracting all major aircraft manufacturers to India. Firestone added "The growth opportunity for private jet manufacturers to deliver their products into India is tremendous.”
The report says that India currently has a total of 136 private jets made by global aircraft manufacturers like Hawker Beechcraft, Cessna, Bombardier and Gulfstream. The spurt in demand of these technologically advanced and luxurious aircraft is the realisation of an unmet demand and current travel needs of the industry, said Amber Dubey, Director for Aerospace and Defence with global consultancy KPMG. |