31
Aug
New Delhi (Rajeev Sharma): India has surpassed China to become the world's fastest-growing private jet market, marking a significant shift in the Asia Pacific aviation sector. Between 2021 and 2024, India's private jet fleet expanded by nearly 25%, while China's fleet contracted by over 30% during the same period. while China saw a drop of nearly one-third. Today, India operates more than 490 private aircraft, a figure expected to cross 700 by 2029.Industry experts attribute India's growth to several key factors, including robust economic expansion and rapid economic growth, which have led to an increase in high-net-worth individuals and corporate…
