In conversation with TravTalk, Kanika Tekriwal, CEO & Founder, JetSetGo Aviation Services recounts how the private aviation sector is affected due to COVID-19 and how the industry will reshape after the pandemic. “As the aviation industry has been hit extremely hard by the COVID 19 crisis, and when flying through such turbulence, it’s critical to focus on the horizon. One of the important points is consolidation. It is usually perceived that; private aviation sector is not consolidated, and few players are still working on solo mode which will make the survival difficult,” comments Tekriwal while briefing about the survival, revival and resurgence strategy in the private aviation sector which includes the operation of charter flights. Explaining further about the need of the hour in the sector, she says,” Another important step is to have a data-driven, action-oriented plan to help us emerge stronger from the COVID 19 crisis. All this needs to take into accounts the demands of flying private, safety and security of all our customers which is our utmost priority and the market structure scenarios.” According to Tekriwal, there was nine-fold raise the number of international inquiries they were receiving for charter flights but the lockdown and travel ban came as a major setback. Whether it is health risk concerns or just getting where you need to be, people and companies that have the means to fly privately, but had previously eschewed it, are now looking at the options. The industry as a whole is working on a requirement basis to help people reach their destinations. No two days will be same again in private aviation and we need to stay braced for some turbulence,” she said. Explaining …
Read More »JetSetGo acquires Indo Pacific Aviation to grow fleet & offer unique services
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.
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