Invision Air Seeks To Kick-start India’s Executive Charter Sector
ABACE Convention News » March 29, 2012 by Neelam Mathews Invision Air is seeking to bring economies of scale to kick-start India’s executive charter sector. For the most part, the industry consists of small operators with no more than two or three aircraft each. But the Mumbai-based startup has placed an order with Embraer for 12 aircraft, a mix of Phenom 100 and 300 light jets. Vinit Phatak plans to develop Invision Air as a large, networked operator of Embraer’s Phenom 100 and 300 light jets. It expects to have six bases throughout India by year-end. Invision Air is seeking to bring economies of scale to kick-start India’s executive charter sector. For the most part, the industry consists of small operators with no more than two or three aircraft each. But the Mumbai-based startup has placed an order with Embraer for 12 aircraft, a mix of Phenom 100 and 300 light jets. Last year, Invision tested the market with two Phenom 100s and the results were sufficiently encourag...