Now, customise your business jet model & ownership

Now you can ask for a tailor-made requisition for not only the aircraft type but also how you want to own it. There are not only different models of business jets that you can buy but also a whole array of ownership models: fractional ownership of aircraft, on-demand charter, jet card programmes and sundry other schemes to pick and choose from to own or hire a personal jet.
With India boasting of more than 100,000 millionaires and their number growing at 20% each year, it doesn’t come as surprise that global biggies such as NetJets and BJETS have entered the Indian airspace. But it’s not the foreign birds alone, home-grown companies such as the Bird Group and Club One Air are too trying to tap the potential with the ‘right’ model.
If figures set any precedents then it looks that the Indian aviation sector is set to break all sound barriers. Nevada-based, aircraft manufacturer, Aerion which is developing supersonic business jets has already got three orders from India. The price of the jet, which can seat 8-12 passengers, is $80 million (around Rs 240 crore) and it’s expected to enter service in 2014. A company spokesperson affirms that for them India is one of the most promising countries for long range business jets because of expanding global business relationships.
15/04/08 Vishakha Talreja/Econiomic Times

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Categories: Indian Aviation- In General Apr 2008, New Apr 2008