Sunday, September 15, 2013

Business of private jet companies budding, but not booming in India

Every expression on the face of Thomas Flohr, founder and chairman of VistaJet Holding SA, bore the stress and strain of a nearly 10-hour flight when he showed up in New Delhi on a recent Thursday morning. He has barely had time to shower. He is still looking to grab a bite three hours after landing. Flohr's flight to India in a Global 6000, one of the London-based luxury air-charter company's 37 Bombardier jets, was delayed by an hour after a client in Spain insisted they meet the previous night.
Flohr's schedule — meetings with potential clients and journalists — has gone astray, but he is not complaining. This flexibility, he says, is why chartering a private jet makes better sense than flying a commercial airline. "Everything an airline does is driven to be on time. Everything we do is driven to be flexible." Flohr had landed in India to make a big splash. The country, he says, is "absolutely important" for VistaJet — which placed the largest single transaction in the history of business aviation when it ordered 56 Globalseries aircraft from Bombardier last November — from two standpoints.
15/09/13 Binoy Prabhakar/Economic Times
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