Thursday, February 26, 2015

Business Honchos Flying High on Private Aircraft

Kochi: The adage ‘Time is money’ acquires a new meaning for the corporates and big businesses who strive to make every second count to keep their productivity above the mark throughout the year. Relying on commercial flights or other modes of transport is more often not enough to service the busy itineraries of such corporate heads and requires the procurement of a more personalised mode of transport like a chartered flight.

 While the phenomenon of acquiring private jets is a luxury that has caught up well among  even the nouveau rich in the country, corporates in Kerala were well behind in that regard. However, recent data shows that there could well be a shift in the statistics in the coming years.


“Owing to a slowdown in the aviation sector in 2014, only seven private aircraft were acquired by the corporate sector. Out of that, three aircraft were acquired by businessmen based in Kerala,” said Capt Robin, director, K-Air, an aviation consultancy and aircraft sales company based in Kerala.

 “The main hubs of aircraft operations are Mumbai, Delhi and Pune. The level of demand for such aircraft from Kerala used to be relatively low. However, we have been recieving increasing requests for feasibility studies regarding the purchase of aircraft and setting  up helipads in the corporate consultancy sector,” he said.
24/02/15 Vaisakh E Hari/New Indian Express
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