Thursday, October 20, 2011

BAOA sees 3-fold growth in Business Aviation by 2020

With an aim to define standards of Business Aviation in India and to promote its overall growth, the Business Aircraft operators today announced setting up a unified voice for the industry.
The Business Aircraft Operators’ Association (BAOA) will form the industry’s first recognized body and will provide a platform to encourage close cooperation amongst the various stake holders of the industry. The association headed by an Executive Board, includes 39 members who represent a majority 65% of the total fleet in general aviation in India today.
Introducing BAOA and its executive members, Rohit Kapur, President, BAOA, said “The business aviation industry is growing at an encouraging rate and India is all set to be the third largest aviation market by 2020. Considering the immense potential India has with more than 1000 aircrafts to be added over the next 10 years, there is an imminent need of a body that would aim to bring the fraternity into close cooperation for overall industry growth and mutual benefits. BAOA will act as a catalyst to unify the cornerstones of this growth and overcome the existing challenges the business aviation sector faces today.”
The nuances involved in Business Aviation makes it a tool that facilitates productivity and efficiency by saving time, as an enabler providing access to the areas with little or no airline service, reach to multiple destinations, and revenue and employment generator for the economy.
21/10/11 India Infoline
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