Mint Delhi

Dassault Falcon 2000 EX

- Mihir Mishra mihir.mishra@livemint.com NEW DELHI

Rates per hour, in ₹ lakh

Helicopter­s (dual engine)

Sometime in August last year, a Cessna Citation Excel, a midsize business jet, landed in Bhopal, the capital of Madhya Pradesh. The aircraft stayed put for several weeks before it was first used. A politician had hired it from a private jet operator in Delhi to fly him around the state—Madhya Pradesh was due for legislativ­e assembly elections in November. The politician had a tight campaign schedule and didn’t want to take a chance with last-minute jet bookings.

Another private operator rented out three more such jets, as political campaigns picked up pace in October.

“One evening, early October, the three private jets lined up to depart from Delhi. They were all headed to Bhopal,” the operator, who didn’t want to be identified, said. “The number of aircraft used in any election is an indicator of how fiercely contested the polls are,” the operator added.

In December, when the results were announced, the Bharatiya Janata Party (BJP) won a two-thirds majority in the state.

The demand for business jets during the Madhya Pradesh election last year was just a trailer. Charter negotiatio­ns by political parties and politician­s in anticipati­on of the 18th Lok Sabha elections began in December, about four months ahead of the polls. It will be held in seven phases between 19 April and 1 June. The results will be announced on 4 June.

“The negotiatio­ns started around December and through January and February, most of the bookings were finalized,” said a person aware of the discussion­s. He didn’t want to be identified either.

The country has a total of about 130 Indiaregis­tered aircraft and a similar number of helicopter­s. Top business jet operators who rent include VSR Ventures, Air Charter Services and Reliance Transport & Travels.

The Directorat­e General of Civil Aviation (DGCA), Indian aviation’s regulatory body, currently does not allow election-related flying using foreign-registered aircraft. The demand is such that most business jets have now been mopped up by political parties. For private companies wanting to rent a jet for their executives to use, it is quite a struggle.

While corporates and individual­s can use foreign-registered aircraft to fly within and outside India, the usage has several restrictio­ns, particular­ly when it involves a military airfield. The charter company needs special permission­s, not just for the aircraft but also the flight crew.

A corporate house with presence in Gujarat and Rajasthan attempted to book two Dassault Falcon business jets and three helicopter­s for a trip it was planning at the end of May to their facilities. The company failed to secure any aircraft, a private operator who didn’t want to be identified, said.

He added that operators are not in a position to take advance bookings now since

Helicopter­s (single engine)

 ?? ?? 5.25
Dec 2023 2.75 3.5
Now 2.75 6.5 3.5 5.25 1.35 6.5 2 1.75 2.75 3.5 2.5 4 3.25 3.75 4.5 3.5 3.75 4.5 4 3.75 1.75 4.5 2.5 3.75 4.25 5
Source: Mint research 4 1.75 2.5
5.25 Dec 2023 2.75 3.5 Now 2.75 6.5 3.5 5.25 1.35 6.5 2 1.75 2.75 3.5 2.5 4 3.25 3.75 4.5 3.5 3.75 4.5 4 3.75 1.75 4.5 2.5 3.75 4.25 5 Source: Mint research 4 1.75 2.5
 ?? PTI ?? People wave at Uttar Pradesh chief minister Yogi Adityanath’s helicopter as he leaves after addressing a public meeting at Nawada, on Monday, 15 April.
PTI People wave at Uttar Pradesh chief minister Yogi Adityanath’s helicopter as he leaves after addressing a public meeting at Nawada, on Monday, 15 April.

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