Tuesday, November 29, 2016

Business class or private jet? This young Indian entrepreneur can help

More rich Indians are flying than ever before, and many of them are choosing the ultimate in luxury -- a private jet.

It's a fast growing industry that's already proving profitable for Kanika Tekriwal, founder of JetSetGo, an online market place for private jets and helicopters.

"There's a question that people are frequently asked: 'Are you private jet rich or business class rich?'," said Tekriwal. "I don't think it's difficult in today's day and age to actually convince a potential private jet customer to use a private jet."

Air travel in India grew more than 20% last year and the country could overtake the U.K. as the world's third-largest aviation market by 2026, according to the International Air Transport Association. It is also home to 200,000 millionaires, according to consulting firm Capgemini.

Tekriwal founded JetSetGo in 2012. The 28-year-old describes the company as the "Uber of the skies" and says the average net worth of her customers is $100 million.
28/11/16 Rishi Iyengar/nbc-2
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