• Kannan Ramakrishnan: Founder Director & Accountable Manager with over 30 years of experience.
• Deepak Parasuraman: Founder Director with 24+ years in aviation and founder of AFCOM Airlines.
• Amba Shankar: Founder Director & CEO with 30+ years in the industry.

The company operates a dry lease model, offering a fleet that includes mid-size jets like the Bombardier Challenger 605, small-size jets such as the Bombardier Learjet 45, and large-size jets like the Embraer Legacy 600. Their business model features various offerings, including long-term chartering, subscription-based models like the “Je’time” Program, membership programs, the Flexjet Program, single-time charters, and air-time share options.

Financially, FlySBS has shown significant growth:

• Revenue:
  • FY21: ₹16.00 Cr
  • FY22: ₹27.62 Cr
  • FY23: ₹33.67 Cr
  • FY24 (Estimated): ₹109.16 Cr
  • FY27 (Projected): ₹658.70 Cr
• Turnover:
  • FY21: ₹0.93 Cr
  • FY22: ₹3.17 Cr
  • FY23: ₹10.28 Cr
  • FY24 (Estimated): ₹31.46 Cr
  • FY27 (Projected): ₹73.08 Cr

As of September 30, 2024, the company had 2,668,518 outstanding shares, with a valuation of ₹122 Cr, resulting in a value per share of ₹458.

The Indian private aviation industry is experiencing significant growth, with a projected 11% CAGR. India is expected to become the 3rd largest aviation market by 2025, presenting substantial opportunities for FlySBS Aviation.

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