India`s first fractional ownership aircraft plans foray in Gujarat

Mumbai/ Ahmedabad: Club Air One is in talks with companies in Ahmedabad and is scouting for clients in Baroda and Surat also.
"We are in talks with three Gujarat-based companies and we hope to position an aircraft in the next 4-5 months," Manav Singh, MD Club Air One, who launched the company last year, told Business Standard.
Club One Air which completed one year last month, provides customised business travel solutions to top corporate and global business leaders. It currently has about 30 clients, who are from Delhi and Mumbai only.
Members of Club One Air pays a deposit that gives him ownership benefits for a period from 1-10 years and can renew membership at the end of the term.
It enables members to own shares from 1/16th of an aircraft and entails him 50-800 hours of flight in a year.
23/05/06 Khomba Singh/Business Standard

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