Abu Dhabi-based luxury aviation services Royal Jet is making intensified efforts to enter the fast growing private aviation sector in India at the Indian Business Aviation Expo (IBAE).
The expo, which runs till February 23, is considered an important platform to showcase products and network to officials in the aviation industry in the country.
IBAE presents us with a unique platform to introduce our business relationship with ASM as we present a new era of luxury private aviation service to the Indian market, said Fahad Wali, Acting Vice President Commercial, Royal Jet.
As the number of High Net Worth Individuals (HNWI) in India increases at a much faster pace than elsewhere in the world, such an event offers tremendous potential for us to explore promising business opportunities, he said further.
The IBAE event comes at a time when transport analysts and consultants are predicting that approximately 350-400 million Indian nationals will be opting to travel by air annually by 2020. It is for this reason that the industry has increased its attention to develop the luxury aviation sector in the country.
Indian business executives, entrepreneurs and HNWIs are expected to look for alternatives to get around India's congested airports and seek faster and more efficient time-saving air travel solutions, said Vito Gomes, Founder and Managing Director, Aviation Services Management.