Recently, JetSetGo acquired Indo Pacific Aviation Limited, country’s oldest non-scheduled aircraft operator (NSOP) for operations in India. Kanika describes, JetSetGo as the “Uber of the Indian skies”. But these are very non-consequential things,” said Kanika Tekriwal. Sometimes when I am assertive I am considered arrogant whereas a man being more assertive than me is considered passionate. “Initially it took time for people to take me seriously for the business I am in and I did receive remarks such as ‘you should take up baking cupcakes’ and the likes. The aviation company grabbed an undisclosed amount of deal in just a 50-minute phone call by YouWeCan Ventures owned by Yuvraj Singh, the Indian cricketer. In this journey, JetSetGo attracted some big players of the market to invest in their aviation company.
JetSetGo covered almost 80% of India’s private jet fleet. JetSetGo is making the private jet charter very economical and simple for the consumers as per their requirement not according to the brokers and their brokerage.Īn interactive technology platform JetSetGo facilitating customers across India in finding charter aircraft and helicopters according to their requirement. Nowadays, the airline industry is also applying such marketing tactics. Usually, the agents suggest that aircraft and airline where they can earn more brokerage from the consumers. In India, the private aviation industry is still nascent.
JET SET GO INDIA PROFESSIONAL
Thus how JetSetGo’s foundation laid as per the need of the customers for complete and professional charter services from a company providing charter services in the variety of aircraft but transparency in pricing system would be a concerned part. Likewise, if the customer inquired from an operator, then the suggestion would be to hire an individual aircraft operated by that operator. Brokers recommend jets and helicopters majorly to maximize their commission irrespective the clients’ requirements.
Lack of transparency and non-availability of charter planes the clients pay more amount (including commission). People who desired to use a private jet had a very few options available either to contact a broker based on particular recommendations or through contacting an aircraft operator or the last but not the least option available, is to go with the Google results. JetSetGo a New Delhi-based India’s first online marketplace for private jet and helicopter charter was co-founded in 2013 by Kanika Tekriwal and Sudheer Perla.īefore founding JetSetGo, Kanika noticed the frustration over the past some years of customers with charter brokers and operators while dealing with them. JetSetGo is the result of her diverse experience in the aviation industry. She has worked in abroad besides India and has witnessed the industry growth and shrinks and also learned new things about the industry. She started working in the aviation industry when private jets were very few and so far in the country. The imported aircraft was provided a tax-free landing by the SEZ in Nagpur on Thursday, following which it was flown to Delhi to be delivered to Indo Pacific Aviation, which is an arm of JetSetGo.Kanika Tekriwal has been working in the aviation industry since she was 17 years. In addition to this, JetSetGo is also looking into revenue-sharing arrangements. Under this model, the Company gets compensated based on how much the aircraft flies. To lease out the aircraft, the Company is experimenting with a novel financing strategy wherein JetSetGo plans on using the ‘pay-as-you-go’ arrangement. This transaction is being hailed as the country’s first-ever after the Ministry of Finance established a framework for Aircraft Leasing and Tax SOPS were granted, to shift the leasing business from Ireland or other locations to Indian Territories. This aircraft was brought into the SEZ for the purpose of leasing, promoting MRO and offering other ancillary services in the region. Parking and warehousing services were provided by Air India MRO. The aircraft, a Hawker 800 XP, leased through GIFT City, IFSC was imported from the United Kingdom and towed into the MRO after landing at Nagpur airport.
JetSetFleet Management Services IFSC Private, a leasing arm of JetSetGo Aviation, has become the first Indian leasing business to directly import an aircraft in India.
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