Bombardier bets big on India
By Sudipto Dey, TNN |
Highlights
BANGALORE: Business jets and regional aircrafts are not the only things that the Canada-based aircraft manufacturer Bombardier is looking at marketing in India. The company is now chalking out plans to launch its premier jet charter business in the country with Bombardier Skyjet International. Also in the offing are setting up maintenance and repair facilities in the country to service its corporate and business clients.
���We are looking for a local partner in India to start our service from the country,��� Bombardier Skyjet International MD Judith Moreton said. India is already a key emerging market for many of SkyJet International���s clients. ���We get at least two requests every month for flying into India,��� said Moreton. India contributes just about 5% to Bombardier���s charter business globally.
But all that will change with a presence in the country. ���This will help us to ramp up our services in and out of the country,��� said Moreton. Bombardier charters plan to target both the business and leisure segments in the country. Bombardier charters already have a presence in Pakistan with Princely Jets. Skyjet International has a fleet of 930 aircraft and a network spread over 5,500 airports globally. To service its ever-expanding customer base of business jets, Bombardier is looking at setting up MRO facilities in the country. Its family of business jets - comprising of Learjet, Challenger and Global - come with price-tag ranging from $8.5 million to over $50 million a piece. Interestingly, India is increasingly being seen as a market for long-haul business jets, with high-profile corporate clients prefering inter-continental travel. In the past 15 months, Bombardier has sold three business jets in the Indian subcontinent.
sudipto.dey@timesgroup.com
���We are looking for a local partner in India to start our service from the country,��� Bombardier Skyjet International MD Judith Moreton said. India is already a key emerging market for many of SkyJet International���s clients. ���We get at least two requests every month for flying into India,��� said Moreton. India contributes just about 5% to Bombardier���s charter business globally.
But all that will change with a presence in the country. ���This will help us to ramp up our services in and out of the country,��� said Moreton. Bombardier charters plan to target both the business and leisure segments in the country. Bombardier charters already have a presence in Pakistan with Princely Jets. Skyjet International has a fleet of 930 aircraft and a network spread over 5,500 airports globally. To service its ever-expanding customer base of business jets, Bombardier is looking at setting up MRO facilities in the country. Its family of business jets - comprising of Learjet, Challenger and Global - come with price-tag ranging from $8.5 million to over $50 million a piece. Interestingly, India is increasingly being seen as a market for long-haul business jets, with high-profile corporate clients prefering inter-continental travel. In the past 15 months, Bombardier has sold three business jets in the Indian subcontinent.
sudipto.dey@timesgroup.com
Start a SIP with as low as ₹500 with ET Money App!
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
