Deepinder Goyal Backed LAT Aerospace acquires Bombardier Private Jet

LAT Aerospace, a company reportedly backed by Zomato’s CEO Deepinder Goyal, has allegedly acquired a Bombardier Global series private jet, as per a Moneycontrol report. The aircraft has been parked at Delhi’s VIP bay since June 2025 and was scheduled to fly on 16 July. While speculation around the acquisition gained momentum, Goyal denied the purchase publicly via social media.

Jet Ownership and Legal Framework

Though the exact model of the Bombardier jet remains unconfirmed, reports indicate it’s parked at the Delhi airport. Ground handling and engineering services are being provided by Indamer MJets and Bird Execujet. Under Indian aviation laws, private aircraft ownership requires the buyer to register an Indian corporate entity and obtain a Non-Scheduled Operator’s Permit (NSOP) from the DGCA. Documentation includes customs clearance, ownership proof, and lease agreements, where applicable.

Deepinder Goyal’s Response and Financial Standing

While LAT Aerospace did not officially respond, Goyal addressed the matter on X, stating: “LAT is a startup, and has not bought any private jet. LAT is about making planes for regional aviation, and is not in the business of buying planes.” 

The speculation followed his recent purchase of a ₹52.3 crore luxury apartment at DLF’s The Camellias in Gurugram. As of June 2025, Goyal owns 36.95 crore shares in Zomato, valued at ₹9,847 crore, with a reported net worth of $1.6 billion, according to Forbes.

India’s Growing Private Jet Market

India’s luxury aviation sector is expanding rapidly due to a rise in ultra-high-net-worth individuals. The global business jet market, valued at $24 billion in 2020, is expected to reach $37 billion by 2028, as per Statista.

India has responded with dedicated infrastructure: Delhi’s IGI Airport launched the country’s first general aviation terminal in 2020, followed by similar facilities in Mumbai, Kochi, and Hyderabad, offering high-end services tailored for private flyers.

Also Read: India Takes Delivery of GE-404 Engine from US for HAL's LCA Mark 1A Fighter Jet Programme!

Conclusion

Whether or not LAT Aerospace owns the jet, the buzz highlights India’s growing appetite for private aviation. It also places focus on emerging startups in regional air mobility and the evolving lifestyle choices of the country’s billionaires.

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