Latest Updates
-
Sreenivasan Passes Away: Malayalam Cinema Mourns The Legendary Actor-Writer's Demise -
Malayalam Film Industry Loses A Defining Voice: Actor, Screenwriter And Director Sreenivasan Passes Away At 69 -
Happy Birthday Dheeraj Dhoopar: How A TV Set Friendship Turned Into Love With Wife Vinny Arora -
Top Skin and Hair Concerns in India in 2025: What the Data Reveals -
International Human Solidarity Day 2025: History, Significance, and Why It Matters -
Purported Video of Muslim Mob Lynching & Hanging Hindu Youth In Bangladesh Shocks Internet -
A Hotel on Wheels: Bihar Rolls Out Its First Luxury Caravan Buses -
Bharti Singh-Haarsh Limbachiyaa Welcome Second Child, Gender: Couple Welcome Their Second Baby, Duo Overjoyed - Report | Bharti Singh Gives Birth To Second Baby Boy | Gender Of Bharti Singh Haarsh Limbachiyaa Second Baby -
Bharti Singh Welcomes Second Son: Joyous News for the Comedian and Her Family -
Gold & Silver Rates Today in India: 22K, 24K, 18K & MCX Prices Fall After Continuous Rally; Check Latest Gold Rates in Chennai, Mumbai, Bangalore, Hyderabad, Ahmedabad & Other Cities on 19 December
Aero India-aero india,business
''The market for private jets is just about to takien off in India,'' said Mr A J S Walia, chief executive officer of Aerostar Aviation which is involved in pilot training and operates a fractional ownership company under the brand Club One. ''It's important to get infrastructure and policy-level support from the government for FBOs to come into the country.'' Emergence of an upwardly mobile class, growing business footprint of corporates across regional centres and the resultant need for frequent business travel are driving demand for business jet in India, said Mr Ted Farid, vice-president for Raytheon's international sales division.
Business houses which have placed orders recently include groups like Reliance, UB, DLF, GMR, Suzlon, Videocon, TVS Motor, DS Constructions and Raymond.
As per Raytheon estimates, the demand for corporate jets in India is expected to grow by 25 per cent over the next three years while turbo-props are likely to rise along by 10 per cent.
Several industry experts participating at the Aero India 2007 said the country is likely to double its corporate jet numbers by next year to cross the 300 mark.
India, they said, is showing more preference to mid-haul rather, which is a shift from smaller turbo-prop. That's what ranks India among the top three growth markets globally outside the United States.
At
least
a
dozen
companies
including
leading
corporate
jet
manufacturers
like
Textron
Bell,
Gulfstream,
Embraer,
Dassault
and
Bombardier
are
participating
at
the
air
show.



Click it and Unblock the Notifications











