Top corporates, HNIs queue up to book private jets
Mint Mumbai|March 15, 2023
Top corporates and wealthy individuals continue to snap up business jets or tie up with aircraft operators for them, even though some of the pandemic-driven demand for private travel has tapered off.
Top corporates, HNIs queue up to book private jets

The latest addition to the business jet fleet in 2022 was a Bombardier Global 6500 purchased by Bajaj Auto Ltd and registered in December. This was a month after Mukesh Ambani-led Reliance Industries Ltd’s business jet company inducted a Bombardier Global 7000 to its fleet. Mumbai-based Welspun Group also inducted a Bombardier Learjet recently, two people aware of the matter said.

Lucknow-based infrastructure company Apco Infratech registered an Embraer Legacy 650 in India in August 2022 and a Legacy 500 abroad for use by the company and its promoters.

While some purchase aircraft, others sign timeshare deals with business jet operators. For instance, Apollo Hospitals Enterprise Ltd has entered into such an arrangement with business jet operator JetSetGo “for facilitating economical and prompt flight operations on demand," said one of the two people cited above.

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