Hong Kong based boutique private jet advisory practice Firestone Management Group is seeing a sharp rise in private jets in the last three years.
The researcher found 136 private jets registered in India as of March 15, 2011.
Most Less than 10-Years-Old
Of the total 136 private registered jets, 95 were said to be manufactured less than 10 years ago, i.e. about 70% of the installed base.
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