Airavat Aviation (Airavat), a new venture by Transworld Group, a leading global logistics conglomerate, is set to redefine luxury private jet travel in the Middle East by launching hyper-personalized services. Airavat’s Hawker 4000 super-midsize business jet is poised to take the skies, offering on-demand flights from its Dubai base to Europe, Africa, Asia, and the Middle East.
According to reports, the Middle East and Africa Jet Charter market size is expected to grow from USD 511.52 million in 2023 to USD 851.90 million by 2028. With an eye on the growing market for luxury travel in the region, Airavat aims to cater to ultra-high-net-worth individuals (UHNWIs) and business leaders seeking safe, luxurious, and environmentally conscious travel experiences and capture 8 to 10% market share over the next five years. Leveraging its state-of-the-art private jets with groundbreaking technology, Airavat ensures passengers enjoy a seamless, flexible, and discreet luxury travel experience.
“Today’s UHNWIs, HNWIs, business leaders, and C-suites not only seek customized travel experiences but are also increasingly environmentally conscious,” said Ramesh S. Ramakrishnan, Chairman of Transworld Group. “With the launch of Airavat, we aim to introduce a new dimension of bespoke luxury that seamlessly blends aviation, travel, and hospitality with sustainability. Drawing on Transworld Group’s legacy, Airavat’s human-centric focus delivers our customers best-in-class luxury private jet services.”
The strategic selection of Airavat’s routes also aims to strengthen the Indo-Arab relationship by facilitating private aviation travel between these regions. As the private aviation sector experiences exponential growth, with some markets witnessing up to a 150% increase compared to pre-pandemic years, the Middle East has emerged as a destination renowned for unrivalled luxury experiences, innovative enterprises, and sustainable mega-developments. This vibrant region attracts affluent individuals and influential thought leaders worldwide.
In line with its commitment to sustainability, Airavat has partnered with a registered NGO to plant trees for every flight, effectively offsetting the carbon footprint of its operations. This initiative contributes to the aviation sector’s goal of achieving net-zero carbon emissions by 2050, aligning with global efforts to combat climate change.
Airavat’s entrance into the luxury private jet market brings a fresh perspective to the region, combining opulence, convenience, and environmental responsibility. As the demand for personalized and sustainable travel experiences grows, Airavat aims to make a significant dent in the market, providing discerning travellers with a new luxury that leaves a lasting impression.