Dubai Business Tycoon Jaideep Mirchandani – NRI Business Leader

1. EMPOWERING AVIATION EXCELLENCE www.skyone.aero

2. 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 it’s 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.

3. 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 environmental concerns, support local communities, and promote diversity and inclusion. in initiatives that address

4. 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. India’s 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 India’s civil aviation sector. They also believe that this will catalyse further economic growth, spur infrastructure development and promote national development.

5. “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 Government’s 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 sector’s 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.

6. 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,”.

7. URBAN AIR MOBILITY (UAM) WILL PLAY A TRANSFORMATIVE ROLE IN INDIA’S TRANSPORTATION FUTURE,” SAYS JAIDEEP MIRCHANDANI Urban Air Mobility is poised to be a transformative force in India’s 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 India’s 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.”

8. 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 India’s aspirations for cleaner, 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. more sustainable 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.

9. Mr.Mirchandani however believes that for the seamless integration of UAM into the country’s existing airspace management 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 India’s 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. 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. Public awareness and 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, UAM’s development in India will be unstoppable ,” concludes Mr Mirchandani.

10. JAIDEEP MIRCHANDANI’S 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 company’s 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 One’s capabilities are as diverse as the regions they serve. The company’s 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.

11. Chairman Jaideep Mirchandani emphasized the significance of Sky One’s 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 Turkey’s 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 Government’s 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.

12. Contact Us +971 6557 9577 www.skyone.aero info@skyone.aero B1-01-04A, Saif Zone – Sharjah, United Arab Emirates