JetSetGo has announced the acquisition of Indo Pacific Aviation, India’s oldest non-scheduled aircraft operator (NSOP) with operations in India. Speaking about the acquisition, Kanika Tekriwal, CEO, JetSetGo, said, “As the oldest NSOP, Indo Pacific has been instrumental in many ways in the growth of the private jet and helicopter market in India. Indo Pacific has far too many firsts to its credit and we are excited that this acquisition brings together the values of the old with the dynamism of the young. This acquisition now gives a significant boost to our ability to grow our fleet and offer unique services and next generation aircraft for personalised on-demand mobility.”
Aggregating India’s available private jets and helicopters for the first time, JetSetGo now has pan-India presence with 2,800 aircraft movements executed in the last financial year. Typically managing and executing chartered flights through DGCA approved non-scheduled operator permits that are owned by others, the acquisition of Indo Pacific Aviation now gives more flexibility to JetSetGo to directly manage its own fleet and to provide on-demand air connectivity. It will also offer its customer’s aircraft sales and acquisition, fleet management and other aviation support services.
Government approval from the DGCA and Bureau of Civil Aviation Security (BCAS) was obtained prior to completing the transaction.