EaseMyTrip.com, one of India’s leading online travel platforms, has received in-principle Board approval to acquire a 49% stake in Big Charter Pvt Ltd, a key player in the country’s charter aviation industry. This strategic move marks EaseMyTrip’s expansion into the high-growth charter and non-scheduled aviation market, offering premium, flexible, and personalized air travel options to a broader customer base.

The Indian charter aviation industry, currently valued at approximately USD 650.5 million, is projected to reach USD 1.14 billion by 2033, driven by increasing demand for corporate travel, regional connectivity, and private flying. On a global scale, the charter aviation sector is expected to exceed USD 33 billion in market value by 2033, fueled by rising disposable incomes, the need for privacy and flexibility, and the growing preference for time-sensitive travel solutions among businesses and individuals.

This acquisition positions EaseMyTrip as a comprehensive travel provider, allowing it to tap 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 opting for chartered flights, EaseMyTrip aims to meet this demand by integrating its cutting-edge technology into Big Charter’s operations. This will streamline the booking process, optimize pricing, and significantly enhance the overall customer experience.

Additionally, the acquisition supports EaseMyTrip’s mission to democratize air travel, particularly in Tier-2 and Tier-3 cities where Big Charter has a strong presence. This expansion will improve accessibility to premium air travel in remote regions, fostering greater connectivity across India.

Big Charter Pvt Ltd has established itself as a leader in regional aviation, generating INR 128.75 crore (USD 15.5 million) in revenue in FY 2023-24. With demand for charter services on the rise, this partnership is poised to unlock new growth opportunities for both companies. EaseMyTrip’s entry into the charter aviation market solidifies its position as a dominant travel solutions provider, driving long-term growth while making premium air travel more accessible and flexible for customers across India.

TOPICS: EaseMyTrip