India's Bizjet Fleet Growing at Breakneck Pace

There were 136 private jets registered in India as of mid-March, according to the Firestone Management Group, a consulting firm that helps business aviation companies enter Asian emerging markets. Over the past 36 months, no fewer than 43 aircraft have been delivered to customers in India, representing a growth rate of 46 percent during that period. Nearly 70 percent of India's business jets are less than 10 years old. According to Firestone, Hawker Beechcraft currently leads the Indian market, having delivered 35 aircraft to achieve a 26-percent share. Cessna follows with 31 aircraft, then Bombardier (24), Dassault Falcon (17), Gulfstream (15) and Embraer (9).