Overview
EaseMyTrip.com has received in-principle Board approval to acquire a 49% stake in Big Charter Pvt Ltd, a prominent player in India’s charter aviation sector. This move signifies a major step for EaseMyTrip into the fast-expanding charter and non-scheduled aviation market, enabling the company to offer more personalized, premium, and flexible air travel options to a broader customer base.
Statements
Nishant Pitti, Chairman and Founder of EaseMyTrip, expressed enthusiasm about the acquisition, stating:
“This partnership is a crucial step toward making charter air travel more accessible across India. By combining EaseMyTrip’s cutting-edge technology with Big Charter’s established expertise, we are poised to revolutionize the way air travel is experienced. The integration of their NSOP operations will allow us to cater to a wider range of premium customers, further solidifying our commitment to driving the growth of India’s charter aviation market.”
Sanjay Mandavia, Director of Big Charter Pvt Ltd, echoed this sentiment:
“Partnering with EaseMyTrip marks a transformative moment for us. Leveraging EaseMyTrip’s technological expertise and vast customer base will accelerate our growth, expand our reach, and enhance the efficiency of our services. Together, we are positioned to offer a more accessible and seamless travel experience, strengthening our mission to provide affordable, reliable, and high-quality travel options across India.”
Industry Insights
The Indian charter aviation industry is currently valued at approximately USD 650.5 million and is projected to grow to USD 1.14 billion by 2033. This growth is driven by increasing demand for regional connectivity, corporate travel, and private flying. On a global scale, the charter aviation sector is experiencing exceptional growth, with forecasts indicating a market value exceeding USD 33 billion by 2033. Factors such as rising disposable incomes, the need for privacy and flexibility, and heightened demand for time-sensitive travel are leading to a shift toward private aviation as a preferred mode of transport.
Conclusion
The strategic acquisition reinforces EaseMyTrip’s position as a comprehensive travel provider, enabling the company to capitalize on high-margin segments like charter services and Non-Scheduled Operator Permit (NSOP) operations. With this deal, EaseMyTrip aims to meet the growing demand for chartered flights among corporate clients, high-net-worth individuals (HNIs), and event travelers, enhancing convenience and flexibility in air travel.
