You can get a private jet with a wraparound sunroof for just $53 million

For those poking around the private jet market but not seeing anything that truly embodies conspicuous luxury, aircraft manufacturer Embraer has the answer: a plane with a wraparound sunroof.

The sunroof wraps around the sides and top of the aircraft, offering amazing views to the surrounding skies. The windows are the size of a typical door on a commercial plane.

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Embraer has given the Lineage 1000 aircraft with this feature the “Kyoto Airship,” and the price starts at $53 million.

Jay Beever, Embraer’s vice president of interior design, told Wired that a potential customer of the Kyoto Airship would be a Japanese businessman who prefers to sit on the floor, bathed in sunlight.

Although installing the super-sized windows is a fairly easy procedure — just punch some holes in the plane’s fuselage and then stick some windows in there — the placement can work against the plane’s structural integrity. Beever said this problem is alleviated by the windows’ placement in front of the wings.

However, the large windows will add weight to the plane and hurt fuel economy. But then, if you’re buying a $53 million private jet, is fuel economy your biggest concern? Probably not.

Embraer is experimenting with electrochromic glass to allow tinting and shading of the windows, which could make it possible to completely block out light (for nap time).

If a wraparound sunroof isn’t motivation enough to consider Kyoto Airship, the plane’s 800-square-foot living space comes with a queen-sized bed and two-person shower.

We’ve proven to ourselves that we can make this,” Beever told Wired. “And when a Lineage customer is ready to order this airplane, we will make it.”

While commercial fliers can seethe and cite world poverty statistics, it’s impossible to deny that it would be pretty cool to fly through the through the skies with a near-panoramic view of the world outside.

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Private Jets owned by Indian Billionaires

The most influential people of our country are fond of bounteous belongings which can be observed from the luxurious assets they have their hands on. These gentlemen own extravagant private jets as a crown-jewel.

Lakshmi Mittal- ArcelorMittal

Lakshmi Mittal

Captain of Steel Industry, Lakshmi Mittal, travels to three countries in a day in his Gulfstream G550 which is considered as Rolls-Royce of private jets. The airship caters eight passengers at a time whilst can reach to the speed of 675 miles per hour. Additionally, it is equipped with military-style “heads-up” display technology that allows pilots to take their eyes off the control panel.

Atul Punj- Punj Lloyd

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Atul Punj, a global business tycoon and Chairman of Punj Lloyd Group has a private jet that can accommodate two beds, shower facility and an ostentatious living room, a Gulfstream IV. The craft has an aerodynamically and structurally improved wing with 30 per cent fewer parts, for a $ 2 billion worthy entrepreneur.

Vijay Mallya- Kingfisher Airlines

Vijay Mallya.jpgAlcohol King, Vijay Mallya , owner of Kingfisher Airlines has reserved incomparable A319 ACJ for himself for which he gave away whopping $40 million just for retro-fitting and fireproofing upholstery. The sumptuous plane is designed to welcome 24 people on board and fly to US or UK with a single refueling halt. Apart from A319 ACJ, Mallya also acquires a GulfStream, a Hawker and a Boeing 727, a model which is also used by French and Brazilian state heads.

Gautam Singhania-  Raymond Group

 Gautam Singhania.jpgGautam Singhania, chairman of Raymond Group, is renowned for his passion towards fast cars, lavish yachts, nightclubs and jets. He possesses a Challenger business jet and a helicopter which is designed by International aircraft interior designer Eric Roth, who has given exquisite interiors to Singhania’s private jet. An advanced Collins ProLine IV EFIS avionics system with colour displays, and enhanced fuel tankage are intrinsic to Challenger’s aspects.

KP Singh- DLF Group

 KP Singh.jpgThe VIP of Real estate industry, KP Singh of DLF Group acquires a Gulfstream IV of utmost characteristics as it implicates Rolls-Royce Tay turbofans which take care of less fuel consumption and noise pollution.

Navy phases out Sea Harrier aircraft, inducts MiG 29k/Kub into INAS 300

Fighter JetPANAJI: The Indian Navy bid adieu to the illustrious British-built Sea Harrier as it inducted the MiG 29k/Kub aircraft into the INAS 300 naval aviation squadron.
Chief of naval staff Admiral RK Dhowan oversaw the change of guard when the commander Shikhu Raj, a Sea Harrier pilot, handed over the baton signifying the command of the squadron to Captain KHV Singh.
Captain KHV Singh is a MiG 29k/Kub pilot and has over 800 hours of flying experience. “These sea harrier aircraft and their pilots did a sterling service to the nation. The sea harrier aircraft has not only done yeomen service to the Navy and the Nation, it has also made a mark for itself across the world,” Dhowan said.
The ceremony had a large number of serving and retired Sea Harrier pilots in attendance and included an air display by Sea Harriers and MiG 29Ks, including an 8G turn. May 11 marked the last flight of the Sea Harriers in the Indian Navy, Dhowan said.
The fighters were de-inducted from the Royal Navy in the year 2006 but continued in service with the Indian Navy even as the next generation MiG 29K/Kub fighters were purchased and integrated into service in India. The fighters operated for the last time from INS Viraat on March 6, 2016.

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Private Jets available at the cost of Business Class

A new business venture by Jetsmart with an amazing concept is making errands in the aircraft industry, in other words, the idea is to capitalize on the downtime as well as return journeys of private jets and helicopters which are approximate 100 and 150 in number respectively, when they usually travel without any passengers. The company commits to fly over 1200 cities within the country including Vellore-Mumbai, Kozhikode-Chennai, and Surat- Jaipur.

private jetTo knock-down empty jets would be of significant benefit to both the involved parties as aircraft owners need to ensure a certain number of flying hours every month to keep their licences and luxury at affordable prices for those who wish to travel in comfort and privacy. The charges to be paid by passenger amounts to only a fraction of cost i.e. not more than Rs. 60, 000 for a one- way seat on an aircraft where flying time is expected to be almost two hours for almost 1,200 km journey. Though the names of all companies which have readied to sign up are still wrapped in covers yet the confidence is laid upon Punj Lloyd Private Jet and airships of Reliance, Tatas, DLF, GMR and Jindals.

Abrar Ahmed, Dubai-based investor, who has made a substantial investment in Bengaluru-headquartered private air travel venture Jetsmart holds strong sentiment for this project due to its peculiarity and cost-effectiveness, accordingly, aims to help air charter operators expand their charter and non-scheduled operations.

Punj Lloyd to expand defence facility: Atul Punj

NEW DELHI: Eyeing on defence sector demands, diversified group Punj Lloyd BSE -1.33 % is set to expand its Gwalior facility besides exploring other states like Karnataka and Rajasthan to set up manufacturing units.punj-lloyd-to-expand-defence-facility-atul-punj

“As the whole space opens up… we are expanding our Gwalior facility. We will be adding on new facilities in other states as well. Rajasthan, Karnataka, Andhra Pradesh are the options,” Punj Lloyd Group Chairman Atul Punj said.

“As the whole space opens up… we are expanding our Gwalior facility. We will be adding on new facilities in other states as well. Rajasthan, Karnataka, Andhra Pradesh are the options,” Punj Lloyd Group Chairman Atul Punj said.

The group is willing to make investments in this regard that could be in the range of up to Rs 2,000 crore depending on the opportunity, he said.
“The investment we will see as the opportunities we get. We have made our core investment in Malanpur, around that we will make only specific investments based on our winning some projects. We may invest in the range of Rs 200 to Rs 2,000 crore,” Punj added.

The company has its manufacturing and systems integration facility in Malanpur, near Gwalior, on 65 acres of land which is said to be one of the largest facilities of its kind by private firm in the Indian defence sector.

The facility is used for machining, welding and fabrication of precision engineered components assembly, integration and testing of weapons and maintenance and repair facility for existing weapons with the Indian Army.

“We are focusing on aerodynamics space as the opportunities open up as the tenders come out as we see that there is opportunities, based on that we will only take a call,” Punj said.

It has recently been shortlisted by the Defence Ministry for upgrading the Zu 23 air defence gun.

The group has agreements with leading global primes for collaboration in Indian programmes for a wide range of products including artillery systems, air defence gun systems, A-vehicle technology, assault rifles and carbines.

Its current orderbook stands at Rs 20,978 crore.

On widening of its net loss, Punj said, “Net declined essentially because we went through corrective action plan with banks …that got delayed for various reasons.”

The company has seen widening of its net loss to Rs 597.84 crore during the April-June quarter on sharp decline in income. It had reported a net loss of Rs 363.92 crore for the first quarter of the previous fiscal.
Punj, however, said that based on the corrective measures things would be rectified soon.

Punj Lloyd Group offers EPC services in energy and infrastructure along with engineering and manufacturing capabilities in the defence sector.

The shares of the company today closed at Rs 25.35 a share on BSE, down 1.36 per cent.

RIL, Punj Lloyd bag defence deals

NEW DELHI: A small change in foreign investment rules-by doing away with minimum 51% holding by a single Indian entity in a defence venture-has helped Mukesh Ambani’s Reliance Aerospace and Punj Lloyd bag licences that they had been waiting for.
While increasing the foreign direct investment (FDI) cap for defence to 49%, the government did away with the clause that had been in the policy for years, as part of a strategy to attract investment in local manufacturing units. In special cases, 100% FDI has been allowed. The earlier rule did not allow Reliance Aerospace to get the licences to manufacture weapon launchers for combat aircraft as the promoters hold 45.3% in Reliance Industries. Similarly, the promoters of Punj Lloyd together have a 37% stake, which restricted a wholly owned subsidiary’s ability to bag licences to manufacture torpedoes, rocket launchers and combat vehicle, sources familiar with the development.

While the government did not disclose any details, an official statement said that a committee had cleared 19 proposals from several large Indian corporate houses – including the TATA, Mahindra and Bharat Forge – to bag licences for defence manufacturing.

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In at least 14 other cases, the government has informed companies that licences are no longer required. These included Tata Advanced System’s proposal to manufacture aircraft and spacecraft components, Mahindra Aerostructure, which wants to make parts of aircraft and Reliance Aerospace’s flight control system manufacturing plans. Even before FDI rules were changed, the department of industrial policy and promotion had reduced the number of items in the defence sector that need licences and freed dual-use items, such as radars and aircraft components that have civilian use too, from licensing requirement.

For years, the defence ministry has frowned upon the entry of the private sector into the arena even as it had relied on imports, often involving middlemen. In fact, during UPA’s term in office, the commerce and industry ministry’s plea to increase the FDI cap for the sector was repeatedly blocked by A K Antony, the then defence minister. In recent months, however, the mood has changed as the department of defence production has backed private and foreign capital in local ventures.

Now, the government is working on further easing the rules, including doing away with annual capacity ceiling in industrial licences and also permit of sale of licensed items to other entities under the control of the home ministry, state governments, PSUs and other valid defence licensed companies without approval.