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India’s rich are not the only ones fleeing the Covid crisis on private jets, says CEO

beijingwalker

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India’s rich are not the only ones fleeing the Covid crisis on private jets, says CEO
PUBLISHED THU, MAY 6 20218:33 PM EDT


KEY POINTS
  • Indian tycoons and Bollywood stars are not alone in fleeing the country’s escalating coronavirus crisis, says the CEO of private jet charter company JetSetGo.
  • Upper-middle class families are pooling their resources to escape to Maldives and Dubai, Kanika Tekriwal told CNBC.
  • JetSetGo has seen a 900% surge in bookings in recent weeks — with some 70% to 80% coming from the upper middle class, instead of their regular ultra high net worth customers.


Tycoons and Bollywood stars may be among the most high profile residents fleeing India’s shores on private jets as the coronavirus crisis escalates — but they are by no means the only ones, according to private jet charter company JetSetGo.

The situation in India has become so dire that even upper-middle class families are pooling their resources to make an escape, its co-founder and CEO Kanika Tekriwal told CNBC’s “Street Signs Asia.”

The South Asian country, battling a devastating surge in the virus, recorded 412,262 new cases on Thursday, taking its total caseload to more than 28 million.

“To say that only wealthy Indians are leaving India on private jets would be wrong,” Tekriwal said Thursday from Maldives.

“In the last 10 days, what we have really seen is anyone who can put together the resources and the means to pool in money for a private jet, or to pool in money just to get out of the country, getting out.”


They’re just people who are putting together money to get out of the country. I think it’s them who fear Covid the most.
Kanika Tekriwal
CO-FOUNDER AND CEO, JETSETGO


Tekriwal said JetSetGo has seen a 900% surge in bookings in recent weeks — with some 70% to 80% coming from the upper middle class, instead of their regular ultra high net worth customers. The majority of them are fleeing to Maldives, which currently offers quarantine at a secluded resort for passengers arriving from India, or Dubai, which allows entry from business purposes.

“They’re just people who are putting together money to get out of the country. I think it’s them who fear Covid the most because they’re not the ultra-rich or the most accessible to medical care,” she said.


JetSetGo has not increased its rates in response to the surging demand, Tekriwal said adding: “That would be opportunistic and wrong.”
But at $18,000 to $20,000 for an eight-seater jet to Maldives, or $31,000 for a six-seater jet to Dubai, the journey does not come cheap — even for India’s upper-middle class, who earn around $15,000 plus per year.
However, Tekriwal said the situation has become so out of control that, in some cases, the price of a private jet flight can be less than hospitalization fees.
That’s what most of my customers have been telling me: ‘We’re okay with spending six months’ of salary or our savings on escaping the country.
Kanika Tekriwal
CO-FOUNDER AND CEO, JETSETGO
Hospitalization costs about $2,500 a night, she said. “It’s what hospital rooms are going at. So even if you’ve got two family members in hospital for 14 days, you’re looking at double the price of flying to Dubai.”

“That’s what most of my customers have been telling me: ‘We’re okay with spending six months’ of salary or our savings on escaping the country rather than being in half a hospital bed and not knowing how much we’re going to be paying or if we’re even going to be getting a hospital bed.

Tekriwal added that passengers who test positive for Covid-19 are not accepted on its regular flights. However, the company does offer a separate domestic and international air ambulance service.

Still, a private jet doesn’t guarantee escape from the virus.

Despite enforcing new safety measures since last March — including mandatory testing, regular sanitization of aircrafts and no interaction between passengers and crew — Tekriwal said 30% of her staff have continued to test positive for the virus.

“What really hurts me most is that these teams come in, come out there, work with people to get them from point A to point B safely. And when they do test positive, they’re taking the virus back home to their families, to their young children, and to their parents, which is quite disturbing,” she said.

 

Aspen

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Honestly I would not blame anyone for fleeing India in current Covid situation.

People wonder why China had such a draconian lockdown, its because if you have a 1 billion people and you don't completely eliminate Covid, it will get out of control so quickly that you will not recover for a few decades and may never recover.

Either you can have:

1. A lockdown for a few months
2. No lockdown but deaths that end entire generations of families, the impact of which will be felt for decades. Imagine people that could have invented something but died of Covid.
 

gulli

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All airplanes escaping Indian airspace should be shot down by the world community and UN. We cannot afford the Indian-Covid of infecting the rest of the world!
Sometime its better to come out of begging mode...
India’s rich are not the only ones fleeing the Covid crisis on private jets, says CEO
PUBLISHED THU, MAY 6 20218:33 PM EDT


KEY POINTS
  • Indian tycoons and Bollywood stars are not alone in fleeing the country’s escalating coronavirus crisis, says the CEO of private jet charter company JetSetGo.
  • Upper-middle class families are pooling their resources to escape to Maldives and Dubai, Kanika Tekriwal told CNBC.
  • JetSetGo has seen a 900% surge in bookings in recent weeks — with some 70% to 80% coming from the upper middle class, instead of their regular ultra high net worth customers.


Tycoons and Bollywood stars may be among the most high profile residents fleeing India’s shores on private jets as the coronavirus crisis escalates — but they are by no means the only ones, according to private jet charter company JetSetGo.

The situation in India has become so dire that even upper-middle class families are pooling their resources to make an escape, its co-founder and CEO Kanika Tekriwal told CNBC’s “Street Signs Asia.”

The South Asian country, battling a devastating surge in the virus, recorded 412,262 new cases on Thursday, taking its total caseload to more than 28 million.

“To say that only wealthy Indians are leaving India on private jets would be wrong,” Tekriwal said Thursday from Maldives.

“In the last 10 days, what we have really seen is anyone who can put together the resources and the means to pool in money for a private jet, or to pool in money just to get out of the country, getting out.”


They’re just people who are putting together money to get out of the country. I think it’s them who fear Covid the most.
Kanika Tekriwal
CO-FOUNDER AND CEO, JETSETGO


Tekriwal said JetSetGo has seen a 900% surge in bookings in recent weeks — with some 70% to 80% coming from the upper middle class, instead of their regular ultra high net worth customers. The majority of them are fleeing to Maldives, which currently offers quarantine at a secluded resort for passengers arriving from India, or Dubai, which allows entry from business purposes.

“They’re just people who are putting together money to get out of the country. I think it’s them who fear Covid the most because they’re not the ultra-rich or the most accessible to medical care,” she said.


JetSetGo has not increased its rates in response to the surging demand, Tekriwal said adding: “That would be opportunistic and wrong.”
But at $18,000 to $20,000 for an eight-seater jet to Maldives, or $31,000 for a six-seater jet to Dubai, the journey does not come cheap — even for India’s upper-middle class, who earn around $15,000 plus per year.
However, Tekriwal said the situation has become so out of control that, in some cases, the price of a private jet flight can be less than hospitalization fees.

Hospitalization costs about $2,500 a night, she said. “It’s what hospital rooms are going at. So even if you’ve got two family members in hospital for 14 days, you’re looking at double the price of flying to Dubai.”

“That’s what most of my customers have been telling me: ‘We’re okay with spending six months’ of salary or our savings on escaping the country rather than being in half a hospital bed and not knowing how much we’re going to be paying or if we’re even going to be getting a hospital bed.

Tekriwal added that passengers who test positive for Covid-19 are not accepted on its regular flights. However, the company does offer a separate domestic and international air ambulance service.

Still, a private jet doesn’t guarantee escape from the virus.

Despite enforcing new safety measures since last March — including mandatory testing, regular sanitization of aircrafts and no interaction between passengers and crew — Tekriwal said 30% of her staff have continued to test positive for the virus.

“What really hurts me most is that these teams come in, come out there, work with people to get them from point A to point B safely. And when they do test positive, they’re taking the virus back home to their families, to their young children, and to their parents, which is quite disturbing,” she said.

Happy to see china america on same page, biden economic interest in china is no hidden secret anymore..
 

drumstick

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Year after year we saw chinese rich took their money out of china to look for better investment, also their rich look for a better life outside china free from the clutches of ccp.

but chinese posters want to ignore and want to focus on other countries and hide their own shame... this is so typical.

but hay, you cant bring back a non chinese citizen to your country and prosecute, do you?
 

lonelyman

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Feb 19, 2015
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India’s rich are not the only ones fleeing the Covid crisis on private jets, says CEO
PUBLISHED THU, MAY 6 20218:33 PM EDT


KEY POINTS
  • Indian tycoons and Bollywood stars are not alone in fleeing the country’s escalating coronavirus crisis, says the CEO of private jet charter company JetSetGo.
  • Upper-middle class families are pooling their resources to escape to Maldives and Dubai, Kanika Tekriwal told CNBC.
  • JetSetGo has seen a 900% surge in bookings in recent weeks — with some 70% to 80% coming from the upper middle class, instead of their regular ultra high net worth customers.


Tycoons and Bollywood stars may be among the most high profile residents fleeing India’s shores on private jets as the coronavirus crisis escalates — but they are by no means the only ones, according to private jet charter company JetSetGo.

The situation in India has become so dire that even upper-middle class families are pooling their resources to make an escape, its co-founder and CEO Kanika Tekriwal told CNBC’s “Street Signs Asia.”

The South Asian country, battling a devastating surge in the virus, recorded 412,262 new cases on Thursday, taking its total caseload to more than 28 million.

“To say that only wealthy Indians are leaving India on private jets would be wrong,” Tekriwal said Thursday from Maldives.

“In the last 10 days, what we have really seen is anyone who can put together the resources and the means to pool in money for a private jet, or to pool in money just to get out of the country, getting out.”


They’re just people who are putting together money to get out of the country. I think it’s them who fear Covid the most.
Kanika Tekriwal
CO-FOUNDER AND CEO, JETSETGO


Tekriwal said JetSetGo has seen a 900% surge in bookings in recent weeks — with some 70% to 80% coming from the upper middle class, instead of their regular ultra high net worth customers. The majority of them are fleeing to Maldives, which currently offers quarantine at a secluded resort for passengers arriving from India, or Dubai, which allows entry from business purposes.

“They’re just people who are putting together money to get out of the country. I think it’s them who fear Covid the most because they’re not the ultra-rich or the most accessible to medical care,” she said.


JetSetGo has not increased its rates in response to the surging demand, Tekriwal said adding: “That would be opportunistic and wrong.”
But at $18,000 to $20,000 for an eight-seater jet to Maldives, or $31,000 for a six-seater jet to Dubai, the journey does not come cheap — even for India’s upper-middle class, who earn around $15,000 plus per year.
However, Tekriwal said the situation has become so out of control that, in some cases, the price of a private jet flight can be less than hospitalization fees.

Hospitalization costs about $2,500 a night, she said. “It’s what hospital rooms are going at. So even if you’ve got two family members in hospital for 14 days, you’re looking at double the price of flying to Dubai.”

“That’s what most of my customers have been telling me: ‘We’re okay with spending six months’ of salary or our savings on escaping the country rather than being in half a hospital bed and not knowing how much we’re going to be paying or if we’re even going to be getting a hospital bed.

Tekriwal added that passengers who test positive for Covid-19 are not accepted on its regular flights. However, the company does offer a separate domestic and international air ambulance service.

Still, a private jet doesn’t guarantee escape from the virus.

Despite enforcing new safety measures since last March — including mandatory testing, regular sanitization of aircrafts and no interaction between passengers and crew — Tekriwal said 30% of her staff have continued to test positive for the virus.

“What really hurts me most is that these teams come in, come out there, work with people to get them from point A to point B safely. And when they do test positive, they’re taking the virus back home to their families, to their young children, and to their parents, which is quite disturbing,” she said.

please, indians, don’t spread Indian variant virus to your neighbors and whole world
 

jamahir

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You need to stay in the real world.
India has a massive but over stretched government healthcare setup.
Private health care tries to bridge the gap.
Read the OP and welcome to the real world. :)

Even the richer Indian citizens not able to afford the capitalist, privatized healthcare in India and fleeing to relatively cheaper shores.
 
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