While commercial airlines suffer, private charter operators benefit from a pandemic

While commercial airlines suffer, private charter operators benefit from a pandemic

While the primary reason for the increase in private charters was the threat of a pandemic, other factors such as convenience and dropping rates also had a role. Even while the commercial aviation industry faltered due to the Covid-19 outbreak, private air charter services in India grew strongly in 2021, as more consumers opted for safety and efficiency. Bookings increased by around 30% during the pandemic, and inquiries nearly tripled in 2021 from levels in 2019, according to Kanika Tekriwal, founder of JetSetGo Aviation Services. Despite the fact that private jet travel is more expensive than commercial flights, the pandemic has created a demand for working people who want a safe, speedy, and dependable method to travel without having to deal with crowded airports and planes.

“A lot of new startup founders, who would earlier never use chartered planes, have started to use our services. Friends pool in money and lease a plane,” Tekriwal said. JetSetGo operates 12 private aircraft and four helicopters in India. Data on the number of charter flights in a month or passengers carried is not publicly available. An estimated 43 percent of India’s ultra-wealthy individuals were more likely to consider private aviation as a way to travel in future, according to a survey by international property consultant Knight Frank last year. It found that 15 percent of the ultra-wealthy individuals were already using private jets.

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