JetSetGo imports one other plane into the nation beneath the Direct Leasing Association, ET TravelWorld Information, ET TravelWorld
JetSetFleet Administration Providers IFSC Non-public, a leasing arm of personal jet and helicopter fleet operator JetSetGo Aviationhas put one other feather in its cap by straight importing an plane, Final yr, the corporate straight imported the primary such plane.
The Hawker 800 XP plane, imported from Dubai and leased via GIFT Metropolis, IFSC, was hauled into the MRO after touchdown at Nagpur airport. Aar Indamer Technics supplied storage and parking companies. For leasing, selling MRO, and offering different ancillary companies within the space, the plane was transported into Nagpur SEZ.
The direct import is being hailed as one other milestone within the nation’s NSOP section after the Ministry of Finance established a framework for Plane Leasing and Tax SOPS to shift the leasing enterprise from Eire or different areas to Indian Territories.
JetSetGo Aviation is engaged on an modern financing mannequin to lease out the plane and intends to make use of the “pay-as-you-go” construction. Based on this association, the Firm is paid in line with how a lot the plane is flown. Moreover, JetSetGo is investigating revenue-sharing agreements.
Commenting on the event, Kanika Tekriwal, Founder & CEO, JetSetGo Aviation, mentioned, “It is a momentous second for us. With the import of one other Hawker 800 XP, we’re transferring ahead in direction of realizing our dream of constructing the quickest journey between two factors attainable. Final yr once we straight imported our first plane, we turned the primary Indian leasing firm to deliver an plane into the nation straight. It’s a proud second for us to rewrite historical past and import one other plane. We’re thrilled to have been capable of straight import plane now. This is a vital step ahead towards placing India on the worldwide aviation map and enabling many industry-firsts going ahead. With this initiative, we’re setting a brand new benchmark and guaranteeing that leasing an plane is possible in India.”
To have a good time this landmark improvement, the management group of JetSetGo and officers of GIFT Metropolis have been current throughout the touchdown of the brand new plane. The group is working tirelessly to make sure all operational formalities are accomplished on time. The plane might be flown to Delhi and might be delivered to Indo Pacific Aviation, which is one other arm of JetSetGo aviation to function beneath NSOP.