New Delhi/Mumbai: India is again on the priority list of the global business fraternity and they have started flocking to the country in huge numbers since the assumption of office by the new government. One sign of this lies in the sharp increase in international private jet flights recorded at airports across the country and an increase in occupancy in business class cabins by key international airlines.
An Airports Authority of India data shows that the international jet flight movements have seen a consistent increase since July this year. While the increase in July was 24%, it increased by 45% in August. There were smaller increases of 9.7% and 5.9% in September and October. General aviation charters are measured in terms of aircraft movements — two of them for every takeoff and landing.
Key international carriers like British Airways and Lufthansa are also reporting an increase in occupancy in the business class cabins of their aircraft flying to India.
"The market slowed down during elections. In the last three four months, we have seen an uptick in demand for business class seats with the companies renewing their plans. I am pleased with the performance of the Delhi sector in the last four months," British Airways Executive Chairman Keith Williams told ET.
While Lufthansa also echoes the view on increase in demand for business class seats in their aircraft, it says that they are adding capacity in the sector.
03/12/14 Anirban Chowdhury & Mihir Mishra/Economic Times
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An Airports Authority of India data shows that the international jet flight movements have seen a consistent increase since July this year. While the increase in July was 24%, it increased by 45% in August. There were smaller increases of 9.7% and 5.9% in September and October. General aviation charters are measured in terms of aircraft movements — two of them for every takeoff and landing.
Key international carriers like British Airways and Lufthansa are also reporting an increase in occupancy in the business class cabins of their aircraft flying to India.
"The market slowed down during elections. In the last three four months, we have seen an uptick in demand for business class seats with the companies renewing their plans. I am pleased with the performance of the Delhi sector in the last four months," British Airways Executive Chairman Keith Williams told ET.
While Lufthansa also echoes the view on increase in demand for business class seats in their aircraft, it says that they are adding capacity in the sector.
03/12/14 Anirban Chowdhury & Mihir Mishra/Economic Times
