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Future Of Aviation Lies In Perfect Harmony Between Human Expertise And Automation

We are actively exploring investment opportunities in Indian airlines and the helicopter sector, with a focus on both B2B operations and MRO services, says Sky One Group Chairman Jaideep Mirchandani

Jaideep Mirchandani, Group Chairman, Sky One

Future Of Aviation Lies In Perfect Harmony Between Human Expertise And Automation
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18 Sept 2024 12:19 PM IST

Sky One is headquartered in Sharjah, United Arab Emirates, and specialises in a wide array of aviation services. From cargo charters to asset trading, from training to maintenance, repair, and overhaul (MRO), airlines and from advisory to capacity optimization, Sky One's portfolio is expansive. It offers a range of services including charters, crew training, operations, and maintenance. Its services and solutions are carefully designed to cater to the diverse needs of the aviation industry. This versatility sets the company apart as a one-stop solution for aviation companies across the globe. Jaideep Mirchandani, Group Chairman, Sky One, in an interview with Bizz Buzz outlines the company’s plans going ahead


What kind of presence does Sky One have in the Middle East?

Sky One has had a strong presence in the Middle East, especially in the UAE where it is headquartered. We are a one-stop solution provider for a broad range of aviation services, including aircraft leasing, MRO (Maintenance, Repair, and Overhaul), spare parts supply, ACMI leasing, pilot training, and advisory services to airlines and aviation operators across the region. We find that being based out of the UAE helps us in growing with the region’s aviation aspiration. The company also plays a significant role in humanitarian and disaster relief efforts, leveraging its expertise to assist during emergencies in the Middle East and beyond.

What are your India plans?

Sky One has always maintained a positive outlook on the Indian aviation market due to its growth potential and plan for infrastructure expansion. Also, with the Indian government investing heavily in airport development, regional connectivity, and the overall expansion of the aviation sector, we see a strong alignment with our long-term strategies.

We are actively exploring investment opportunities in Indian airlines and the helicopter sector, with a focus on both B2B operations and MRO (Maintenance, Repair, and Overhaul) services. Sky One recognizes that India, with its burgeoning aviation industry, offers immense opportunities for us to extend our services in aircraft leasing, spare parts, and aviation support. Our expertise in comprehensive aviation solutions puts us in a strong position to contribute to the Indian market’s development.

A key example of our commitment to India was our bid to revive Go First Airline. Though the outcome of that particular venture was not as expected, the bid underscored our belief in the potential of the Indian aviation industry. It wasn't merely about rescuing an airline; it was a broader effort to set a precedent in the region, showing how challenges in aviation can be converted into opportunities for growth, innovation, and transformation. We remain open to future ventures and investments in India as we believe the market complements our long-term growth strategies and is critical to our vision of expanding Sky One’s footprint globally.

How has the company grown over the years?

Sky One started as a small cargo operation, we adapted to the ever-changing landscape of aviation and have grown into a multinational aviation services provider. Over the years, our service offerings include aircraft leasing, MRO, ACMI, and advisory services that went beyond the Middle East.

We were recognized for our work in supporting military operations and humanitarian efforts, particularly during the Afghan war, where we played a pivotal role in transporting supplies and managing evacuation and rescue missions. We were also at the forefront during the Covid-19 pandemic and used our Cargo operations to deliver vaccines, protective gear machines and essentials. We have supported our partner airlines in capacity optimization during peak travel times and Umrah. Today we across the globe support aviation solutions for our clients and partners and we look forward to the new innovations and tech that are sure to transform the sector in the future.

How does the company stand out in the marketplace?

Sky One has carved a niche in the sector by actively responding to the demands of the sector. We always aim to quickly provide solutions to the gaps in the industry, especially in the services that we have expertise in - aircraft leasing, spare parts, MRO and ACMI. We have built a reputation as a reliable service provider for our clients and partners who rely on our ability to handle large-scale operations and provide end-to-end aviation solutions, making us a unique player in the aviation industry.

How many countries does the company operate in?

We operate in several countries across multiple continents, with a particular focus on the Middle East, Europe, and parts of Asia. In addition to its main operations in the UAE, the company has established partnerships and service networks across key markets in regions like Europe and Africa. We have investments as well as operations across many CIS countries and we also provide firefighter helicopters in Southeast Asia. Our pilot training academies in Sharjah and Romania further expand our global presence.

How is the company geared up to meet the challenges of current competition?

As the service provider to the Aviation sector, we grow when the sector grows so competition is a positive outcome. We offer customized solutions to airlines of various sizes and our agility in managing large-scale capacity optimisation depends on higher demands - hence the growth in the sectors is a very positive sign for us.

One area where the challenges are growing at a much faster pace is pilot training - we are continually investing in technology and expanding our training academies to produce highly skilled aviation professionals. While other academies focus on the training, we go a step ahead by providing complete solutions for boarding, lodging, food and transport hence making life easier for professionals who can focus on the training.

What is the long-term vision of the company?

The long-term vision of Sky One is to be the global leader in providing end-to-end aviation solutions. Our commitment is to expand our presence in countries that are at the forefront of aviation innovation, ensuring sustainable and scalable growth. With advancements in the sector, we are also equipping our institutions with the latest technology solutions and tools to keep up with the trends and challenges.

How is the company working on sustainability?

Our commitment to sustainability starts from every small effort like paperless offices and zero-waste designs. But our most productive initiatives in sustainability are through the operations in MRO and aircraft leasing, which contribute to prolonging the life of aircraft and minimizing waste. All our offices and workshops adhere to the regulations on safe and green practices.

How is the company using technology to grow the company?

Sky One is integrating technology into various aspects of its operations, particularly in MRO and aircraft leasing, where cutting-edge solutions help improve efficiency and reduce downtime. We have started paying attention to the use of AI and ML in the operations of aviation support from ground operations to inventory and cargo operations. This focus on technology not only helps Sky One stay relevant but also enables growth in an evolving aviation landscape from training to fuel efficiency as well as Cargo operations and providing spare parts.

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