Airavat Aviation (Airavat),
a new venture by Transworld
Group, a leading global logistics conglomerate,
is set to redefine luxury private jet travel in the Middle East with its launch
of hyper-personalised services. Airavat's fleet of Hawker 4000 super-midsize
business jets is poised to take to the skies, offering on-demand flights to
Europe, Africa, Asia, and the Middle East from its Dubai base. India will be
one of the major markets, among the Asian countries.
According
to reports, the Middle East and Africa Jet Charter market size is
expected to grow from USD 511.52 million in 2023 to
USD 851.90 million by 2028. With an eye on the growing market for luxury travel
in the region, Airavat aims to cater to ultra-high-net-worth individuals
(UHNWIs) and business leaders seeking safe, luxurious, and environmentally
conscious travel experiences and capture 8 to 10% market share over the next
five years. Leveraging its state-of-the-art private jets equipped with
groundbreaking technology, Airavat ensures passengers enjoy a seamless,
flexible, and discreet luxury travel experience.
"Today's
UHNWIs, HNWIs, business leaders, and C-suites not only seek customized travel
experiences but are also increasingly environmentally conscious,"
said Ramesh S. Ramakrishnan,
Chairman of Transworld Group. "With the launch of Airavat, we aim to introduce a new dimension of
bespoke luxury that seamlessly blends aviation, travel, and hospitality with
sustainability. Drawing on Transworld Group's legacy, Airavat's human-centric
focus delivers best-in-class luxury private jet services to our customers."
The strategic selection of Airavat's routes also aims to
strengthen the Indo-Arab relationship by facilitating private aviation travel
between these regions. As the private aviation sector experiences exponential
growth, with some markets witnessing up to a 150% increase compared to
pre-pandemic years, the Middle East has emerged as a destination renowned for
unrivaled luxury experiences, innovative enterprises, and sustainable
mega-developments. This vibrant region attracts affluent individuals and
influential thought leaders from around the world.
In line with its commitment to sustainability, Airavat has
partnered with a registered NGO to plant trees for every flight, effectively
offsetting the carbon footprint of their operations. This initiative
contributes to the aviation sector's goal of achieving net-zero carbon
emissions by 2050, aligning with global efforts to combat climate change.
Airavat's entrance into the luxury private jet market
brings a fresh perspective to the region, combining opulence, convenience, and
environmental responsibility. As the demand for personalized and sustainable
travel experiences continues to grow, Airavat aims to make a significant dent
in the market, providing discerning travelers with a new level of luxury that
leaves a lasting impression.
About Airavat Aviation
Established by the leading global shipping and logistics
conglomerate, Transworld Group, Airavat Aviation offers luxury private jet
services and bespoke experiences to ultra-high-net-worth business and luxury
travellers. Currently operating out of Dubai World Central Airport, Airavat's
fleet of super midsized business jets connects Europe, Africa and Asia to the
Middle East.
Building on the legacy of Transworld Group established in
1977 by the late R. Sivaswamy, Airavat also offers a suite of exclusively customized,
eco-conscious, luxury air travel and concierge services. It is committed to
safety, excellence, optimized for efficiency and is socially and
environmentally responsible with carbon-neutral operations. Headquartered in
Dubai, Transworld Group operates through a network of global offices and covers
a complete range of end-to-end solutions from ship owning, ship management,
aircraft owning, multi-modal logistics solutions and integrated digital
solutions.
