Deccan Charters

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Deccan Charters - overview

Established

1997

Location

Bangalore, Karnataka, India

Primary Industry

Aerospace

About

Deccan Charters is a prominent aviation services provider specializing in chartered flights, offering tailored travel solutions for individuals and businesses across various sectors. Founded in 1997 in Bangalore, India, Deccan Charters operates primarily in the aviation sector, providing charter services. In March 2005, the firm was acquired by Capital Group Private Markets, though detailed financial terms remain undisclosed. The company has not undergone any significant pivots in its business strategy.


Deccan Charters specializes in providing chartered flight services tailored to meet the needs of both individual and corporate clients. Their offerings include private jet charters, air ambulance services, and cargo transport solutions, catering to regions across India and select international destinations. The company emphasizes personalized service and operational flexibility, ensuring safe and efficient travel for diverse clientele. For the year 2023, Deccan Charters reported a revenue of USD 9.


20 mn alongside an EBITDA of USD 407,660. 1, reflecting the company’s performance in the aviation industry. Deccan Charters aims to expand its market reach by enhancing its fleet and introducing new service offerings in 2024. The company plans to launch new charter routes targeting emerging markets within Southeast Asia and the Middle East.


The acquisition by Capital Group Private Markets in March 2005 has provided the necessary capital to facilitate these growth initiatives, allowing for fleet upgrades and enhanced service capabilities.


Current Investors

Capital Group Private Markets

Primary Industry

Aerospace

Sub Industries

Aerospace

Website

www.deccanair.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Deccan Charters - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedDeccan Charters-

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