Jaideep Mirchandani: A Leader Among Middle East Businessmen

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EMPOWERING AVIATION EXCELLENCE
www.skyone.aero
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About Sky One
We believe that aviation has remarkably
transformed the world by enabling rapid
transportation of people and goods and
connecting cultures and economies across the
globe. Being at the forefront of this exciting
and dynamic industry, we are dedicated to
offering comprehensive solutions that cater to
the diverse needs of airlines, ranging from
ambitious startups to renowned industry
leaders. By leveraging advanced technologies,
deep industry expertise, and a customer-centric
approach, Sky One is helping to drive innovation
and progress in the aviation industry while also
staying true to the core values of safety,
reliability, and excellence. Whether its
providing urgent charters for disaster
management, supporting critical Covid-19 relief
efforts, or delivering routine parts and
maintenance services, Sky One plays a vital role
in shaping the future of aviation and
ensuring that we continue to propel the world
forward.
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Our Leadership
Jaideep Mirchandani is the founder and Group
Chairman of Sky One, leading aviation holding
entity with interests in several aviation firms
globally managing a fleet strength of over
60 aeroplanes and helicopters of various
modifications. Widely recognized as a visionary
entrepreneur with a deep understanding of
emerging industry trends and their potential for
transformative impact. Under his guidance, Sky
One has grown from a cargo startup into a
global powerhouse, operating multiple
subsidiaries and enjoying a robust presence
in numerous markets. Celebrated for his
Innovative thinking and ability to spot
opportunities ahead of the curve, he has steered
Sky One towards diversification and expansion,
continuously seeking new avenues for growth
and development. He started his aviation
journey from providing cargo support in Russia
and soon established a strong foothold in all
areas of aviation, from cargo to passenger
airlines, training, leasing, and charter. His
commitment to corporate social
responsibility and sustainable business
practices is evident in Sky One operations. The
conglomerate actively engages in
initiatives that address environmental
concerns, support local communities, and
promote diversity and inclusion.
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Influx of Foreign Airlines in India Could
Substantially Benefit Aviation Sector Says
Jaideep Mirchandani
The chairman of Sky One says the
confidence global flag carriers are showing
in India bodes well for the domestic aviation
market. Indias international and domestic
aviation sectors are expected to receive a major
boost in the coming months as several foreign
airlines expand their networks in the country.
According to news reports, Air Canada is set to
increase seat capacity by 40 per cent starting
this October, while Etihad Airways is launching
services from Abu Dhabi to Jaipur, its 11th
destination in India. Moreover, Sri Lankan
Airlines, which operates 95 weekly flights from
nine Indian cities, has announced plans to
increase flight frequency from these cities and
add new locations to its route network. Japan
Airlines (JAL) has signed a codeshare
partnership with Indigo, offering more
travel options between the two countries to
enhance connectivity. Currently, India is the
third-largest domestic aviation market in the
world. Various studies predict that by 2024-25,
the country will surpass the UK to become the
third-largest air passenger market globally.
Aviation experts view the extensive network
expansion plans of foreign carriers as a
testament to the growing confidence in the
tremendous growth potential of Indias civil
aviation sector. They also believe that this will
catalyse further economic growth, spur
infrastructure development and promote national
development.
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Network extension will make air travel
more accessible and affordable for passengers.
It will enhance connectivity to newer
destinations, provide substantial economic and
social benefits by promoting tourism and trade
activities. Further, by creating jobs and
supporting remote communities, it will help the
country meet the surge in demand, especially
during peak seasons, says Jaideep
Mirchandani, chairman of aviation major Sky
One. He also highlighted that the proposed
codesharing plans will strengthen domestic
aviation in the country. Codesharing will
allow an airline to book its passengers on
partner carriers, providing travel to
destinations where it currently has no presence.
It will help them offer more travel options for
customers, enhance their service offerings,
and open up new domestic and international
networks and develop the socio-economic
growth and spread across the country, said Mr
Mirchandani. The domestic network expansion
can also help strengthen the Governments
Regional Connectivity Scheme (RCS-UDAN), which is
mainly aimed at making air travel
accessible to isolated communities and
promoting rural economic development. Another
key prospect lies in the growth of the
Maintenance, Repair, and Overhaul (MRO) sector.
In line with the aviation sectors growth, it
will provide strategic investors, original
equipment manufacturers (OEMs) and leading
global MRO players with more investment
opportunities in the Indian MRO segment, added
Mr Mirchandani.
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He also pointed out the need for policy decisions
to make conditions favourable for both
foreign and Indian airlines. For instance, the
Directorate General of GST announced the
imposition of GST on services provided by
foreign airline headquarters to their Indian
branches. The International Air Transport
Association (IATA) has already opposed this
move. Mirchandani believes such steps could
significantly increase operational costs for
foreign airlines in India, and affect their
expansion plans. He concluded with I hope the
regulatory authorities will take an
appropriate decision in this regard, which
will mutually benefit both Indian and foreign
carriers,.
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URBAN AIR MOBILITY (UAM) WILL PLAY A
TRANSFORMATIVE ROLE IN INDIAS TRANSPORTATION
FUTURE, SAYS JAIDEEP MIRCHANDANI
Urban Air Mobility is poised to be a
transformative force in Indias transportation
future. As a nation with bustling cities
and increasing urbanization, India faces
significant challenges related to traffic
congestion, pollution, and the need for efficient
transportation solutions. Innovation is catching
up to addressing these challenges actively and
creating transportation systems as UAM holds the
promise of addressing these challenges in a
sustainable and innovative way. A recent report
by BIS Research has stated that the UAM
infrastructure market in India is poised for a
6.2 Million expansion by 2033, with a compound
annual growth rate of 22.38 percent. These
electric vertical-takeoff-and-landing vehicles
(eVOTL) aircraft used for UAM can navigate
congested cityscapes, providing rapid point-
to-point mobility. Imagine a future where
passengers can travel seamlessly between cities
and suburbs, avoiding gridlocked roads and
reducing travel time significantly. Jaideep
Mirchandani, the Group Chairman of the
UAE-based aviation conglomerate Sky One FZE
believes UAM will play a transformative role in
Indias transportation future. He says The basic
concept of UAM revolves around meeting the demand
for efficient travel by utilising airspace and
Vertical Take-off and Landing (VTOL) capabilities
to provide on-demand aerial transportation
services. This efficiency is achieved by
deploying electric aircraft (eVTOLs), flying
taxis and highly automated crafts, which do not
require an onboard pilot, to transport both
passengers and cargo directly to their
intended destinations.
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More data supports his view that UAM is on the
upswing not just in India but globally. According
to a study by Mordor Intelligence, the global
urban air mobility market size is expected
to grow from US 2.91 billion in 2023 to US
36.75 billion by 2035, at a CAGR of 23.54
percent. As India embarks on a greater
number of Smart City and Global Industrial
Finance and Trade (GIFT) City projects, along
with various other urban initiatives, the demand
for more specific point-to-point travel is
expected to escalate even further in the future.
I foresee India as a key player in this sector in
another decade, says Mr.Mirchandani. UAM
aligns with Indias aspirations for
cleaner, more sustainable transportation.
Electric eVTOLs produce fewer emissions
compared to traditional vehicles, contributing to
reduced air pollution in urban areas.
Moreover, these aircraft can potentially
operate on renewable energy sources, further
reducing their carbon footprint. A very positive
sign is the fertile ground for innovation in the
field, as many Indian companies are already
actively engaged in the development of eVTOL
aircrafts and flying taxis. Indian cities
such as Mumbai, Bangalore, Chennai, and
Hyderabad are emerging as potential hubs
for the initial development of UAM
infrastructure in India, which are also the
most likely cities where the technology
will be perfected and finally used.
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Mr.Mirchandani integration of management
however believes that for the seamless
UAM into the countrys existing airspace
system, alongside traditional aircraft and
helicopters, there is a need to incorporate more
standardised protocols and establish a proper
regulatory framework. We need to fully
understand new infrastructural requirements as
UAM will require dedicated spaces for operations,
for charging and refuelling stations, MRO
facilities, and docking. However, the
successful integration of UAM into Indias
transportation ecosystem hinges on various
factors. Regulatory frameworks need to be
developed and adapted to ensure safety and
efficiency. Infrastructure for vertiports and
charging stations must be established.
Public awareness and acceptance of this
new mode of transportation also play a
crucial role. Safety and environmental protocols
also need to be systematized. This will of
course require a collaborative synergy
between authorities, urban planners and
aviation entities. US based Archer Aviation plans
to make 250 battery-electric air taxis in 2025
and India may soon see a similar surge in
aviation innovation. With more precise
regulatory policies and a sharp focus on
infrastructure development and innovation,
UAMs development in India will be
unstoppable , concludes Mr Mirchandani.
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JAIDEEP MIRCHANDANIS SKY ONE HELICOPTER
OPERATIONS EXPAND TO NEW HORIZONS

• Helicopter services have become integral for
  various critical applications. Beyond urban
  travel, helicopters play a crucial role in
  disaster relief, ensuring swift supply chains for
  relief materials. According to Fortune Business
  Insights, the global helicopter services market
  is projected to grow from USD 15.62 Billion to
  USD 23.80 Billion by 2030.
• Meanwhile, in the Asia Pacific region, it is
  expected to register a CAGR of 8.03 percent in
  the next five years, mainly due to the surge in
  demand for such services in countries including
  India. Numerous global aviation conglomerates are
  focusing on APAC and especially India, to
  leverage the growing demand for helicopter
  services. One prominent player in this domain is
  UAE-based Sky One, a leading company in the
  aviation sector.
• The companys operations, spanning Turkey,
  Indonesia, Malaysia, and Kyrgyzstan, have been
  instrumental in providing essential services that
  extend beyond mere transportation. With a
  fleet that includes the versatile MI-172
  Russian Helicopters and the agile Bell-412 EP
  helicopters, Sky Ones capabilities are as
  diverse as the regions they serve. The companys
  services also proved pivotal in assisting in the
  Turkey wildfires, battling blazes, and
  safeguarding communities. The specialized
  choppers, equipped for firefighting, have proven
  to be a lifeline for regions facing the
  devastating effects of wildfires.

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Chairman Jaideep Mirchandani emphasized the
significance of Sky Ones endeavors, stating,
Our services have always been aimed at going
beyond conventional aviation. We are not
just ferrying passengers we are aiding
communities, assisting in disaster response, and
playing a pivotal role in firefighting efforts.
Our latest efforts in Turkeys firefighting
operations are a testament to our
commitment. Actively pursuing expansion in
India, the company emerged as one of the front
runners in the race to bid for the Governments
stake in the helicopter services company Pawan
Hans. Throughout the COVID-19 pandemic, Sky One
also forged close collaborations with government
agencies, including the Arunachal Pradesh
government, to provide medical support. Their
helicopters played a vital role in transporting
critical supplies and medical aid,
effectively bridging gaps and reaching even
the remotest areas. Given the surging demand
from armed forces as well as the civil
sector for supply and logistics operations,
transport and utility helicopters are
anticipated to dominate the military rotorcraft
market. The passenger ferry services offered
by Sky One have redefined convenience and
luxury for travelers. With a
customer-centric approach that includes
personalized itineraries, travel tips, and
seamless pick-up and drop-off services, the
company is setting new standards in air travel.
Mirchandani added, As electric helicopters and
urban air mobility drones become
increasingly prevalent in the industry, it
is anticipated that the cost of helicopter
flights will significantly decrease in the
upcoming years, which is poised to stimulate
higher demand within this segment.
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