“This further drives the general aviation appetite here.” Leading corporate houses including Adani Group, Zydus Lifesciences, Torrent Group, Nirma Group, Reliance Industries, HN Safal, and GSEC Aviation own one or more charter aircraft. Moreover, large MNCs are looking at expanding their business in Gujarat,” Lohiya said. ![]() “Rapid industrialization and the stable political situation in the state have increased the visits of foreign delegations. We plan to induct one more helicopter and an aircraft over the next year or so.” Arun Lohiya, COO, CAD Ventures, an aviation consultancy firm, said: “On average, the fleet of private planes including helicopters, jets, and turboprops has grown by at least 15-20% every year.” Lohiya added: “Five more business jets are in the pipeline for deliveries and by the end of 2023, we may see them getting inducted in the current fleet of Gujarat-based aviation players.” GIFT City in Gandhinagar, which is gradually emerging as a hub for aircraft leasing players, is now home to 19 aircraft lessors, which have cumulatively leased about 15 aircraft and choppers by now. “Thanks to the rising wealth of businesses, improving economy, and frequent visits by foreign nationals, the demand for both charter aircraft and helicopters is robust.” The official added: “Therefore, expanding the fleet is the next logical step given the future projections for demand. “While Covid-19 is not the sole reason for the increase in charter movements, since the Covid peak, movements have gone up,” said a senior official of AeroTrans, speaking on the condition of anonymity. The helicopter is widely used by Indonesian and Jamaican defence forces and by police departments of certain states in the US. The market price of this helicopter is Rs 21 crore. The most recent case in point is AeroTrans, owned by Hester Biosciences’ MD and CEO, Rajiv Gandhi, which procured a 4+1 seater Bell 505 helicopter on Sunday. ![]() The number has now grown to about 22 with three additions just this year. Major corporations in Gujarat alone owned at least 19 aircraft and helicopters till December 2019. AHMEDABAD: Gujarat’s corporate honchos seem to be flying high, literally! Propelled by the increasing demand from corporate chieftains, government delegations, and high-profile politicians and to cater to leisure and religious tourism, aviation companies and corporates are procuring aircraft and helicopters.
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