| Home
'More corporate chiefs will fly to India in private jets'
Calcutta News.Net Thursday 1st February, 2007 (IANS)
The growing number of corporate honchos flying into India in their private jets is set to double in a couple of years with the country emerging as the top destination for fast growing business, says the world's leading executive in the general aviation business.
'Last year we handled close to 800 flights to India. Our projections are that there will be more than 2,000 flights in 2009. Certainly, India is the flavour and it will not be long before it overtakes China,' says Greg Evans, CEO of the Houston-headquartered Universal Weather and Aviation, the world's leading private jet management company.
Evans pointed out that private and business jet traffic to India had been growing at a healthy 25-30 percent over the past three years and was set for an exponential increase.
'India is getting the attention of some of the seniormost executives of various international corporations as business opportunities are opening up across a host of sectors,' Evans, on a busy schedule here while meeting up with officials in the civil aviation ministry, told IANS in an interview.
With a formidable clientele that includes almost all the Fortune 500 companies, Universal Weather also provides end-to-end trip support services to celebrities and heads of corporations from sectors as diverse as automobiles, retail, pharma to oil and gas.
The encouraging air traffic has prompted Universal to open up an Indian subsidiary - Universal Weather & Aviation India Pvt Ltd - that will work closely with licensed operators to perform meet-and-greet services for its international customers at various airports across the country.
Currently, all private aircraft and their passengers are handled along with passengers off commercial aircraft taking up to an hour to clear the terminal.
Universal has held meetings with ministry officials and airport authorities in both New Delhi and Mumbai to explore ideas for independent handling of private aircraft.
'The response and welcome has been heartening. Clearly, the time has come for world-class facilities and handling of corporate aircraft,' said Evans.
When decisions worth millions of dollars rest on the outcome of business visits, private aircraft travel is no longer considered a luxury.
'A group of senior executives can effectively make several stopovers in a day and take meetings in cities as far apart as Singapore, Delhi, Dubai and London all on the same day. The time savings and opportunity costs of a group of senior executives collectively far outweigh the actual payout for such seemingly luxurious travel,' said Evans.
His father, Tom Evans, a former US Air Force officer and meteorologist, founded Universal in 1959.
Over the past five decades, Universal has evolved into a company facilitating an estimated 25,000 successful trips around the world for more than 4,000 clients annually.
Most private aircraft need trip support both within and outside the country such as flight planning, weather reports, touch down and over-fly permissions, landing permissions and customs and immigration clearance support.
'We already work with most Indian corporates that own private aircraft and travel abroad frequently and we plan to pick up more of the business as traffic from India picks up,' said Evans.
As per industry estimates, Indian Inc placed orders for anywhere between 110-150 private corporate jets in 2006, both for personal and official use.
When queried about the implications of this growth in air traffic, Evans said: 'Internationally we work with airport operators to set up separate terminals for private aircraft. There are parking and scheduling issues, and all of this needs to be managed effectively.
'Corporate chieftains want quick processing on landing and take off and internationally the best time we have clocked is 15 minutes to collect baggage, clear customs, immigration and out of the airport, though on average it takes around 30 minutes,' Evans conceded.
Email this story to a friend
Have your say on this story
|
 |
 |
- Central forces' deployment in Kandhamal extended
Bhubaneswar, July 4 (IANS) Conceding Orissa Chief Minister Naveen Patnaik's demand, the central government has extended the deployment of its paramilitary forces for two more weeks in the state's Kandhamal district, which witnessed communal riots last year, an official said here Saturday. [read story]
- India meets Egypt musically in Rahul Sharma's new album
New Delhi, July 4 (IANS) His father is a music legend and he too has carved a niche for himself as a Santoor player. Rahul Sharma, son of Santoor maestro Pandit Shiv Kumar Sharma, is now all set to entertain music buffs with his new album 'A Meeting By The Nile', a fusion of Indian and Egyptian music. [read story]
- I was to do Akshaye's role in 'Short Kut': Anil Kapoor
Mumbai, July 4 (IANS) If the original cast of 'Short Kut - The Con Is On' would have remained intact, audiences would have seen Anil Kapoor playing the role that Akshaye Khanna now essays. Also, Arshad was a late entry into the project as he finally got the part written for Akshaye. [read story]
- Liberhan report will hurt Advani the most
The M.S. Liberhan report on the Babri Masjid demolition could not have come at a worse time for the Bharatiya Janata Party (BJP). [read story]
- Victory for gays gets three cheers from Bollywood
Mumbai, July 4 (IANS) Bollywood can't stop talking about the Delhi High Court's landmark judgement that has decriminalised gay sex. From Shatrughan Sinha to Sushmita Sen, all say the verdict was long due and celebrates an individual's right to choose. And they all feel lesbians, gays and transgenders can finally live freely without fear. [read story]
|
|
 |
 |
|
|