JetSetGo announces mega-deal for 280 hybrid-electric planes! What does it mean for India’s aviation industry?

Air services operator JetSetGo has made waves in the aviation industry by signing a groundbreaking deal for 280 hybrid-electric aircraft, with an additional 130 on option. The deal, valued at over USD 1.3 billion, was formalized through collaboration with three global aviation tech firms: Electra.aero, Horizon Aircraft, and Overair. The announcement was made during the prestigious Wings India 2024 event in Hyderabad.

JetSetGo’s Multi-Million Dollar Agreements and Future Expansion

As part of this week’s signed agreements, JetSetGo is poised to acquire 150 aircraft, amounting to a staggering USD 780 million.

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