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Business News » India News

Olialia introduces luxury air-charter service in India: Now, fly in private jets, helicopters

Olialia World announced JV with Aerojet Aviation to tap airspace business under the brand name 'Olalia Sky.'

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Olialia introduces luxury air-charter service in India: Now, fly in private jets, helicopters
To make its service fly from day one, the JV will be investing Rs 200 crore to acquire six executive business jets such as Beechcraft B-200, Cessna Citation and Dassault Falcon. Photo: Reuters

Corporate honchos, who often go for business travel can expect a luxurious experience soon as Uber air-charter services are landing into the Indian airspace as European FMCG company Olialia World has announced a JV (Joint Venture) with Aerojet Aviation Pvt Ltd — a Delhi-based company to launch private jets and helicopters under the brand name 'Olialia Sky' in India. To make its service fly from day one, the JV will be investing Rs 200 crore to acquire six executive business jets such as Beechcraft B-200, Cessna Citation and Dassault Falcon and six helicopters.

The Olialia Sky services will offer top-of-the-line aircraft to service the upwardly mobile that are looking for options beyond the ordinary and want their business travel to also be a luxurious experience. The aircraft will also be located in different parts of the country so that positioning and deposition of business jets and helicopters can be done rapidly via the shortest path to the destination.

The JV will also make Olialia Sky unique by dedicating its entire fleet to the private sector, for business charters.

While announcing the JV Anca Verma, chairperson, Olialia World said, "The proposed joint venture with Aerojet Private Limited will be based on joint sales effort, sharing of resources, collaborated procurement and knowledge transfer. All of these shall enable Olialia Sky to leverage cost advantages and economies of scale to the eventual benefit of our guests, as well as our employees."

Aerojet Aviation has received a NOC from the Ministry of Civil Aviation on June 10 to operate in the NSOP category (Non-Scheduled Operators` Permit), the JV entity said in a statement. 

NSOP licence permits the air-charter operator to offer non-scheduled air transport services of passengers at an hourly or per mile or kilometer charge for chartering the entire aircraft along with the crew. It may hold domestic or international licences or both and operates under the regulations prescribed by the Civil Aviation Authority.

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TAGS:
Aviation
Written By: ZeeBiz WebTeam
Updated: Thu, Jun 20, 2019
12:03 pm
New Delhi, ZeeBiz WebDesk
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