Bengaluru: Do business jet operators see an opportunity in the Union government’s Regional Connectivity Scheme to revive over 500 defunct airports across the country? It is too early, but going by the poor turnout of business jet makers at the Aero-India 2017, the optimism does not seem to be well-placed.
Showcasing its Falcon 8X and 2000 LX business jets, Dassault Aviation has been the only player visible at the airshow. Embraer, Gulfstream, Bombardier and other firms that had made a splash last time were conspicuously absent.
But, Dassault spokesman Vadim Feldzer was optimistic. “We are very bullish about the future of the business jet market here. The US has 500 airports for commercial planes but 5,000 for business aviation. There is huge potential for growth here,” he told DH.
In the last 20 years, Dassault has sold 25 jets, primarily to chartered flight operators and big corporates such as the Tatas. The French firm has captured 50% share of the market for high-end, large cabin, long-range business jets. Gulfstream and Bombardier are its only competitors in this segment.
The emergence of more wealthy Indians could widen the base of prospective customers, less inclined to look at business aircraft as elitist status symbols. But what could really drive the growth besides more airports, as Feldzer put it, is the growing network of maintenance and service centres.
17/02/17 Rasheed Kappan/Deccan Herald
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Showcasing its Falcon 8X and 2000 LX business jets, Dassault Aviation has been the only player visible at the airshow. Embraer, Gulfstream, Bombardier and other firms that had made a splash last time were conspicuously absent.
But, Dassault spokesman Vadim Feldzer was optimistic. “We are very bullish about the future of the business jet market here. The US has 500 airports for commercial planes but 5,000 for business aviation. There is huge potential for growth here,” he told DH.
In the last 20 years, Dassault has sold 25 jets, primarily to chartered flight operators and big corporates such as the Tatas. The French firm has captured 50% share of the market for high-end, large cabin, long-range business jets. Gulfstream and Bombardier are its only competitors in this segment.
The emergence of more wealthy Indians could widen the base of prospective customers, less inclined to look at business aircraft as elitist status symbols. But what could really drive the growth besides more airports, as Feldzer put it, is the growing network of maintenance and service centres.
17/02/17 Rasheed Kappan/Deccan Herald
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