India opened its first exclusive terminal for private airplanes to cater to the world’s fastest growing ultra-rich population. The new terminal at the Indira Gandhi International Airport will allow movement of 150 jets daily, Delhi International Airport Ltd. said in a statement. […] This will make movement of business jets and chartered aircraft easier, a long-pending demand of Indian billionaires seeking friendlier skies with a network of airports just for private jets. India’s ultra-rich population has grown 116% in the five years to 2018 and is expected to rise 37% by 2023, according to Knight Frank. […] India’s fleet of business jets is expected to expand more than 900% to 1,320 aircraft by 2033, according to estimates from Bombardier Inc. The use of private planes is also expected to get a boost because of the coronavirus pandemic as the super-rich prefer chartered flights for safer travel.
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