EaseMyTrip Ventures Into Charter Aviation with Big Charter Acquisition

EaseMyTrip.com has secured board approval to acquire a 49% stake in Big Charter Pvt Ltd, marking its entry into India's charter aviation sector. This strategic move aims to offer premium travel options and expand market presence, leveraging burgeoning demand for charter services across the nation, particularly in Tier-2 and Tier-3 cities.

EaseMyTrip.com, a leading online travel platform in India, has received in-principle approval from its board to acquire a 49 percent stake in Big Charter Pvt Ltd, a major player in the charter aviation sector. This acquisition signifies a strategic foray into the burgeoning charter and non-scheduled aviation market, allowing EaseMyTrip to provide personalized and flexible air travel options to a broader customer base.

The Indian charter aviation market, valued at approximately USD 650.5 million, is expected to reach USD 1.14 billion by 2033, driven by increasing regional connectivity and private flying demands. Globally, the sector is experiencing growth, with expectations of surpassing USD 33 billion by 2033, fueled by rising disposable incomes and a preference for private travel.

The acquisition will bolster EaseMyTrip's position as a comprehensive travel provider, enabling the company to tap into high-margin segments like charter services and Non-Scheduled Operator Permit (NSOP) operations. The integration of EaseMyTrip's technology into Big Charter's operations aims to refine the charter booking and pricing process, enhancing customer experience. The partnership aligns with EaseMyTrip's mission to democratize travel, especially in Tier-2 and Tier-3 cities, facilitating an expanded footprint in remote regions and promoting premium air travel accessibility. Big Charter has a strong presence in regional connectivity and NSOP operations, serving clients extensively across India.

(With inputs from agencies.)