SBS Aviation Private Limited is a leading private jet charter company in India, focused on affordable private jet leasing and charter services. Established in 2020, the company aims to democratize private aviation by offering unique leasing models that make private flying accessible, cost-effective, and a lifestyle choice rather than an exclusive luxury.

Headquartered in India, SBS Aviation operates under a Non-Scheduled Operator Permit (NSOP), enabling it to offer on-demand charter services, dry lease arrangements, and subscription-based private jet programs. The company has seen rapid growth, expanding its fleet and pioneering new business models in India's general aviation sector.

Business Model & Operations

SBS Aviation follows an asset-light, subscription-based, and lease-driven aviation business model, ensuring cost-efficiency while catering to India’s growing demand for private aviation services. The company operates in three core areas:

1. Private Jet Leasing & Charter Services

On-Demand Charter Flights – Offering luxury private jet travel with complete flexibility.

Dry Lease Model – Leasing aircraft to corporate and high-net-worth individuals (HNIs).

Fleet Expansion – Expected to grow to 8 aircraft post-Series A fundraising.

2. Je'time Subscription Program

Air-Time Subscription Model – An innovative approach not yet available in the Indian market.

Assured Availability & Fixed Pricing – Subscribers get priority booking and transparent pricing.

Customized Flight Plans – Tailored travel solutions for high-frequency private flyers.

3. Aviation Infrastructure & Group Companies

MRO & Technical Services – Aircraft maintenance and operational support via AAR Indamer Technics Private Limited.

Strategic Investment & Financial Backing – Supported by Afcom Holdings Limited, which was listed on the BSE SME platform in 2024, achieving a market cap of ₹750 Cr.

Corporate & Aircraft Financing – Managed through Chryseum Corporate Services Private Limited.

4. Revenue Model

SBS Aviation generates revenue through:

Aircraft leasing contracts (Dry Lease & NSOP Charter).

Subscription-based private jet services (Je'time Program).

One-time charter bookings for high-net-worth individuals and corporations.

Aircraft resale, brokerage, and financing services.

5. Market Presence & Competitive Edge

31% market share in India's private jet sector, making it one of the largest operators.

High demand post-COVID, with 79% of Ultra-High-Net-Worth Individuals (UHNWIs) preferring private travel.

India poised to become the world’s 3rd largest aviation market by 2025, fueling further growth.

Pioneering subscription-based private aviation models, increasing affordability and accessibility.

Leadership & Management Team

Board of Directors & Key Executives

Mr. Deepak Parasuraman – Founder Director (Expertise in BFSI & technology).

Mr. Amba Shankar – CEO (30+ years in sales, customer relations & marketing).

Mr. Kannan Ramakrishnan – Founder Director (Expert in retail, automobile & personnel management).

Strategic Vision & Future Outlook

SBS Aviation aims to:

Expand its fleet to 8 private jets, enhancing capacity.

Scale up the Je'time Subscription Model, increasing adoption among frequent flyers.

Strengthen its market position, targeting revenue of ₹250-270 Cr in FY25, with projected PAT of ₹28 Cr.

Enhance leasing operations, shifting 3 jets from charter to dry lease for better profitability.

Enter international markets, exploring regional and global expansion opportunities.

With its innovative business model, rapid growth, and strong financial backing, SBS Aviation Private Limited is set to become a leading player in India’s private aviation sector.