India's EaseMyTrip Looks to Democratize Air Charter With Recent Acquisition
Skift Take
For a price-sensitive market like India, EaseMyTrip’s democratization of air charters will enter the mix of new low-cost carriers. Good news for bargain seekers.
While EaseMyTrip's core business is scheduled air travel, the Indian online travel agency now wants to grow its non-scheduled air travel business and further democratize it.
The online travel company said that its recent acquisition of Nutana Aviation Capital would provide a perfect platform towards this.
“A very solid demand exists and we want to capture the market that exists for non-scheduled air travel,” said Prashant Pitti, founder and wholetime director of EaseMyTrip during an earnings call on Monday.
In December, the company had acquired a 75 percent stake in Nutana Aviation Capital for around $185,000. Nutana Aviation Capital leases charter aircraft and provides charter services.
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