Private Jets Demand: Benefit of Indigo crisis! unprecedented boom in the chartered flight market; Increase in demand for corporates and weddings

  • IndiGo Disruption Boosts Chartered Flight Market
  • Private jets are preferred for corporate travel
  • Almost 15% growth in private jets bookings

Private Jets Demand: In the first week of December, the Indian civil aviation industry was hit hard by disruptions in IndiGo’s operations. Indigo has a market share of around 65 percent. Amidst this crisis, corporate groups and destination wedding parties have turned to private jets. Most demand was concentrated on routes connecting popular destination wedding locales and business hubs. There was a huge increase in private jet bookings in many important cities of the country. Moreover, charter operators reported significant bookings from small to medium-sized corporate banks.

Also read: Today’s Gold-Silver Price: Important News for Buyers! Rapid increase in the price of gold and silver, know today’s rates

Travelers trust in chartered flights

IndiGo’s operational slowdown has led to an unexpected boom in the chartered flight market. Chartered jets are preferred by first class and business class passengers. Also the demand for private jets for destination weddings, corporate travel has increased. The trend of chartered flights is increasing across the country. One of the reasons is the increased choice of private planes that sit idle in hangars for several days a week. This gives scope for short distance travel by fixed wing and rotor wing aircraft.

As scheduled airline service collapses, general aviation passenger numbers will increase. During this crisis, many have had to cancel travel for weddings or medical emergencies. Although rotor-wing aircraft have not received as many bookings as fixed-wing aircraft, soon people will rely on short-haul helicopters for travel as well.

Also read: Stock Market Today: What will happen in the stock market today? Experts have given an important warning, investors should pay attention

Ashish Kumar Singh, CEO, Flying Buds Aviation, said that inquiries about private jets increased by nearly 25% and bookings by nearly 15% during the Flying Birds crisis in various cities across the country. Cities like Delhi, Bengaluru, Chennai and Mumbai recorded the highest growth.

Also, Aakash Nale, Managing Director, Palaio India, also said, “The collapse of IndiGo’s airline service led to a rapid booking of chartered flights during that period. The largest shift was recorded from passengers traveling in First Class or Business Class to chartered aircraft in scheduled flights. Passengers traveling to luxury destination weddings in Goa, Udaipur and Jaipur shifted to private jets.” It has been said.

Comments are closed.