Where there's money, there's a way – charter flight bookings jump as India's wealthy seek private and safe travel
- Charter flights and private jets come to the rescue of the rich even though they cost lakhs per hour.
- Family reunions have been a major cause for the booking of charter flights.
- Even companies that had the means to fly privately, but had previously eschewed it, are now looking at the option due to its safety, hygiene, and convenience factor.
While travel until now was limited to emergencies and business purposes, India’s elite are looking at ways where they see minimal interaction with the crowds at the otherwise busy airports. And so, charter flights and private jets have come to the rescue of the rich even as they cost lakhs per hour.
With the reopening of the economy, travel booking platforms are seeing a rise in demand for charter flights. “Earlier, we used to get 10-12 requests in a week, now that’s the number of requests we receive in a day. In the past one month, we have booked 15-20 international charter flights,” said Nishant Pitti, founder of EaseMyTrip.
AdvertisementSimilar spike in demand was seen at JetSetGo, an aviation startup that specializes in bookings of helicopters and charter flights. While business has bounced back for them, its yet to reach pre-COVID levels. “Just before the lockdown was announced, the demand surge was nine-fold but we were only able to fulfil 50-60% due to various regulations which kept changing overnight within countries,” Kanika Tekriwal, CEO & Founder, JetSetGo Aviation told Business Insider.
Top route requests within India
|Kolkata – Ahmedabad||Mumbai – Hyderabad||Mumbai – Kolkata||Delhi – Pune||Vijayawada – Delhi||Kolkata – Ahmedabad|
Top international destination requests
Price for charter flight booking
|Aircraft||Seating Capacity||Hourly booking cost|
|King Air B200||6 pax||80,000|
|Hawker 750||8 pax||2,50,000|
|Hawker 850 XP||8 pax||2,50,000|
|Citation XLS||8 pax||2,50,000|
|Falcon 2000||9 pax||3,50,000|
While family reunions have been the major cause of booking for charter flights, Tekriwal also shared that people and companies that had the means to fly privately, but had previously eschewed it, are now looking at the option due to its safety, hygiene and convenience factor.
In fact, corporates too are asking for group bookings. “Earlier, they used to ask for airline group codes, which we used to get and give the consumer but now their query is shifted to charter flights or booking full flights,” said Pitti.
While leisure travel is slowly picking up, the big fat Indian weddings remain a source of business as families ensure that 'baraatis' are travelling safely. Pitti said that they have gotten requests for charter flight bookings for weddings in Udaipur as well.
The demand for these can soon go up as the special terminal for private jets at Indira Gandhi International Airport, Delhi is also reportedly ready for use but is awaiting security approvals for operation.
Tata Consumer is now the third most valued Tata company — and analysts expect more premium ahead
COVID-19 and the changing face of the business of beauty — from sanitized salons to DIY kits and acquisitions
- NASSCOM says Budget 2021 should ensure ESOPs are taxed only when shares are sold
- Asian Paints profit jumps 62% led by a powerful performance in the decorative paint segment
- How to apply for Home First Finance Company IPO
- Cryptocurrency startup BuyUcoin hacked, data of over 3 lakh users leaked
- Microsoft Surface Laptop Go with 10th gen Intel Core i5 processor launched starting at ₹63,499