Indian billionaires own more private jets than Chinese billionaires

China’s luxury market may be one step ahead India’s luxury market in most sectors, with the exception of private jet aviation. India has almost double the number of private jets compared to China that has many more billionaires. An interesting aspect is the fact nd the other interesting fact is that none of these private jets are second hand.

Here are a few Indian billionaires who own luxury private jets:

Mukesh Ambani, Reliance Group

He owns a $73 million  Boeing Business Jet 2 with a complete executive office and a private bedroom suite. Ambani also owns a Falcon 900EX jet and an Airbus 319 which has been custom-fitted with an office, a cabin with game consoles, music systems, satellite television and wireless communications.

Atul Punj, The Punj Lloyd Group

Mr Punj owns a Gulfstream IV that has been updated and has an aerodynamically and structurally improved wing with 30 percent fewer parts. The aircraft can fit up to two beds, a shower and a luxury living room space.

Anil Ambani

Anil Ambani owns several aircraft: a Global Express jet, a Falcon 2000 and falcon 7X. Anil’s global express is an ultra-long range business jet developed by Bombardier Aerospace which has also developed jets for Bill Clinton and Steven Speilberg. It also has customized interior layouts including an office and a stateroom.

Vijay Mallya, Kingfisher Airways

Mr Mallya owns four jets: Airbus A319 ACJ (he spent US$ 40 million for interior fittings only). He also owns a Gulfstream, a Hawker and a Boeing 727. 

Lakshmi Mittal, Mittal Holding

With a projected wealth of US$17 billion, the steel baron uses his Gulfstream G550 to move around three countries in a day. It reaches up to 675 miles per hour, and has space for eight passengers. It also comes with a military-style "heads-up" display technology that allows pilots to take their eyes off the control panel. The NRI’s Gulfstream is considered to be the Rolls Royce of private jets .

Gautam Singhania, Raymond Group

Mr Singhania owns a Challenger business jet and a helicopter. The Challenger’s features include an advanced Collins ProLine IV EFIS avionics system with colour displays, and enhanced fuel tank. International aircraft interior designer Eric Roth is the master mind of the beige and brown interiors of Gautam Singhania’s private jet.