Hyderabad. With the third largest number of millionaires in the world after the US and Germany and a 12 % of the global market share of business jets, India is the most favoured destination for aviation majors to ingrain themselves into this market.
Just the right time indeed to showcase their products and no better venue than India Aviation was.
With around 142 private jets compared to 93 and 76 respectively with China and Japan, India not only attracts the manufacturers but also the ancillary industry to display their aircraft and accessories, and brings buyers to make their choice out of the repertoire available.
Airbus did just that at Hyderabad. It displayed the ACJ 318 corporate jet for the first time in India.
“With 170 orders since Airbus delivered its first corporate jet in the mid-1980s, ours are the only bizjets flying on every continent, including Antarctica. Half of these booked arecby Middle East customers. We have sold 25 of these jets to China and 2 to India. We are already in discussions for the sale of one aircraft this year,” said Francois Chazelle, vice-president (worldwide sales), Airbus Corporate Jets.
“The timing is right to be in India. With our presence at the air show, we plan to clock some more numbers. Existing private jet owners are ready to upgrade and we are targeting the Forbes-listed billionaires. There has been an increase in the size of private jets being bought by India. It has reached a level where many would like to upgrade to our planes. Not only does Airbus offer the widest and tallest cabins of any business jet, it provides unmatched cargo space too,” he added.
The 19-seater corporate jet ACJ-318 which Airbus officials prefer to call a Flying Apartment and Flying Office, costs nearly $ 65 million. Francoise also stated that it could fly 3000hours per year and needed to be put into the shop after 20 months only. Anything else before that could be looked into by the mechanic.
The static display at India Aviation features a cabin with a floor space of around 75 m2/800 ft2, which makes it similar in size to a reasonable size house or apartment. It has a living area and an office that converts to a bedroom, plus two spacious bathrooms, giving passengers a ride that is comfortable and practical, as well as productive and relaxing. The Airbus ACJ318 on display is operated by Abu Dhabi-based Al Jaber Aviation, which offers it for VVIP charters.
© India Strategic