Sachit Wadhwa, Co-founder and COO
BookMyCharters
Sector: Aviation Tech
A charter ensures non-stop flights from anywhere to anywhere, at your preferred time with only your close associates and you onboard. A charter passenger arrives at the airport only 15 minutes prior to the flight, and can even make the jet wait in some special cases. Today, in India and across the globe, the demand is far exceeding the supply. A big opportunity lies ahead as the Indian private jet fleet could potentially double by 2030.
The brand operates in aviation tech and claims to offer the facility to book a charter instantly or within minutes. BookMyCharters boasts of being one of the largest aircraft aggregators in Asia. Sachit Wadhwa, Co-founder and COO, BookMyCharters mentions, “We are the first digital India initiative in general aviation, and taking this to the world is my vision.”
On day 1, it introduced the services with 40 private jets on the platform. In the space of commercial airlines, there is a tech enabler known as GDS (Global Distribution Technology) that powers the relevant information such as price and availability from the airlines to all the OTAs. This aviation segment lacked this tech enabler, hence, the company built this technology from scratch which automated all the complex processes of charter operations and commercial calculations.
Today, BookMyCharters fly across 22,500 routes in India and have operated to over 200 airports across the globe. Ensuring a standardised yet world-class service across all airports, the brand is gearing up for expansion in a big way.
While sharing the bigger goal for the venture, Wadhwa said, “What ‘Visa or Mastercard’ is for banking, we want to build for general aviation. We want to become the enabler that facilitates all charter bookings, worldwide.”
The company is currently eyeing fleet expansion in India to meet the demand and to launch new verticals such as drones and electric vertical take-off and landing aircraft (eVTOLs). International expansion is also on the list to do in terms of the company’s growth.