EaseMyTrip, one of India’s leading online travel platforms, has announced its strategic foray into the charter aviation market with an in-principle Board approval to acquire a 49% stake in Big Charter Pvt Ltd. The acquisition marks a significant step for EaseMyTrip, positioning the company to tap into the rapidly expanding non-scheduled aviation sector and offer premium, flexible air travel services to a wider customer base.
Capitalizing on a Growing Market
The Indian charter aviation market, currently valued at approximately $650.5 million, is projected to reach $1.14 billion by 2033, driven by rising demand for regional connectivity, corporate travel, and private flying. Globally, the sector is expected to surpass $33 billion by the same period, with growing preference for private aviation fueled by increased disposable incomes, greater demand for flexibility, and a shift toward time-sensitive travel solutions.
Strategic Benefits for EaseMyTrip
The acquisition will enable EaseMyTrip to strengthen its position as a full-service travel provider by expanding into high-margin segments such as charter services and Non-Scheduled Operator Permit (NSOP) operations. With corporate clients, high-net-worth individuals (HNIs), and event travelers increasingly turning to chartered flights for convenience and efficiency, the company aims to leverage this demand through Big Charter’s established operations.
By integrating its cutting-edge technology with Big Charter’s infrastructure, EaseMyTrip seeks to revolutionize the charter booking process, enhancing pricing transparency and customer experience. The partnership also aligns with the company’s mission to expand premium travel accessibility in Tier-2 and Tier-3 cities, where Big Charter already has a strong presence.
Big Charter’s Market Standing
Big Charter Pvt Ltd has made a name for itself in regional connectivity and NSOP operations, serving a diverse clientele across India. The company reported a revenue of INR 128.75 crore (approximately $15.5 million) for FY 2023-24 and is poised for significant growth as demand for charter services continues to surge.
Leadership Insights
Mr. 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 technology with Big Charter’s expertise, we aim to redefine the air travel experience and expand our reach in the premium aviation segment.”
Echoing similar sentiments, Mr. Sanjay Mandavia, Director of Big Charter Pvt Ltd, remarked, “Partnering with EaseMyTrip is a transformative moment for us. Leveraging their technological prowess and vast customer base will accelerate our growth and enhance service efficiency. Together, we aim to offer a seamless, reliable, and high-quality travel experience across India.”
A Game-Changer in Indian Charter Aviation
With this strategic acquisition, EaseMyTrip is poised to become a major player in India’s charter aviation industry. The move not only fuels the company’s long-term growth but also contributes to the broader expansion of private aviation, making flexible and premium air travel more accessible to businesses and individuals nationwide.
