Monday, March 17, 2014

World’s largest charter company eyes India entry

New Delhi: The huge spurt in demand for hiring business jets in India has now prompted the world's largest charter company to have a subsidiary here. Zurich-based VistaJet is in talks with some Indian charter firms and is aiming to have a JV functional within a year.
It is going to bring the world's most luxurious mid-size business jet — Bombardier's Global 6000 — to the country. Only three top industrialists in India have placed order for this high-end personal jet and one of them is expecting delivery for personal use soon.
"We plan to have two to three Challenger 350 aircraft with an Indian registration (VT) stationed here by the first quarter of next year. At present, our charters operated by VistaJet's Austria and Malta registered planes either have to originate or terminate outside India. The Indian-registered planes will face no such restrictions and be able to fly both within and outside the country," Sheena de Boisgelin, VistaJet's India head, told TOI.
17/03/14 Saurabh Sinha/Times of India
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