Saturday, September 22, 2007

On a business jet plane...Indians flying high in style

New Delhi: Speaking at the second and concluding day of Gold Souk The Economic Times Dialogue on Luxury conference in New Delhi on Friday Eurocopter South Asia sales director Ludovic Boistot said: “Indians with their changing lifestyle are now increasingly opting for business jets. The demand is definitely growing.” The co-sponsors of the conference were Gitanjali Lifestyle and ITC Hotel The Maurya New Delhi, and partner was Dia Jewellery.
According to Club One Air promoter & MD Manav Singh, “Currently, in India people buy private jets so that they can visit their factories and offices in remote areas, not for a trip to Vaishno Devi, though the potential for religious tourism is there.”
While globally, many airports are destinations in themselves complete with spas, retail outlets and casinos, generating around 60-70% of its revenue from non-aeronautical sources, in India that is yet to happen. Non-aeronautical sources, on an average contribute to only 30% revenue for any Indian airport currently.
22/09/07 Economic Times
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