EMSOS / DATA & METHODS
Market research A calculation ledger showing every starting observation, each qualification rate, estimated missions and rupee-denominated revenue.
Modeled market · TAM
₹965.29 Cr
Serviceable market · SAM
₹405.42 Cr
Obtainable · SOM
₹20.27 Cr
Currency: Indian rupees throughout. FX: ₹93.7155 per USD (11 November 2026 reference). Figures are scenario estimates. Travel and movement counts are observed; the qualification rates, charter conversions, mission prices and market shares are not.
SIX QUANTIFIED INPUT STREAMS
Journey-to-charter calculations Medical India-linked market · 2025 medical-purpose arrivals to India Includes only an assumed subset of medical-purpose arrivals requiring and funding a private fixed-wing transfer. Patients arriving on scheduled flights are not automatically air-ambulance prospects.
507,244 × 2% × 3.5% × 1.00 = 355.07 missions 355.07 × ₹3,280,043 = ₹116.46 Cr Observed base 507,244
Modeled missions / yr 355.07
Annual revenue ₹116.46 Cr
Formula & sources ↗ Luxury India-linked market · 2024 departures of Indian nationals, all purposes All-purpose departures are not luxury travellers. Leisure, premium suitability and paid conversion are scenario parameters.
30,885,048 × 25% × 0.7% × 1% × 1.00 = 540.49 missions 540.49 × ₹2,624,034 = ₹141.83 Cr Observed base 30,885,048
Modeled missions / yr 540.49
Annual revenue ₹141.83 Cr
Formula & sources ↗ Corporate India-linked market · 2024 departures of Indian nationals, all purposes National overseas departures are a weak proxy for company executive journeys; domestic executive journeys are not included.
30,885,048 × 15% × 0.4% × 2.5% × 1.00 = 463.28 missions 463.28 × ₹2,436,603 = ₹112.88 Cr Observed base 30,885,048
Modeled missions / yr 463.28
Annual revenue ₹112.88 Cr
Formula & sources ↗ Corporate Dubai market · 2025 Dubai South business aviation movements Existing business aviation movement benchmark, not underlying new traveller demand. A movement is a leg, not necessarily a charter mission.
20,289 × 20% × 50% × 70% × 1.00 = 1,420.23 missions 1,420.23 × ₹2,624,034 = ₹372.67 Cr Observed base 20,289
Modeled missions / yr 1,420.23
Annual revenue ₹372.67 Cr
Formula & sources ↗ Luxury Dubai market · 2025 Dubai South business aviation movements The corporate and leisure allocation of Dubai movements is a scenario; it is not an observed customer segmentation.
20,289 × 20% × 50% × 25% × 1.00 = 507.23 missions 507.23 × ₹3,280,043 = ₹166.37 Cr Observed base 20,289
Modeled missions / yr 507.23
Annual revenue ₹166.37 Cr
Formula & sources ↗ Medical Dubai market · 2025 international overnight visitors to Dubai Dubai inbound visitors are only a broad exposure proxy; these rates are unvalidated and do not measure outbound UAE patient transfers.
19,590,000 × 0.03% × 2.5% × 1.00 = 146.93 missions 146.93 × ₹3,748,620 = ₹55.08 Cr Observed base 19,590,000
Modeled missions / yr 146.93
Annual revenue ₹55.08 Cr
Formula & sources ↗
OBSERVED NOT ESTIMATED
Primary source register OFFICIAL DATA · 2026
India Ministry of Tourism / PIB — medical arrivals 2025 Open source ↗ OFFICIAL DATA · 2025
India Tourism Data Compendium 2025 — outbound 2024 Open source ↗ OFFICIAL DATA · 2026
Dubai Government Media Office — 2025 business aviation / visitor totals Open source ↗
Critical model limitations Dubai South aircraft movements are an existing supply/activity indicator, not new underlying travel demand. Medical-purpose arrivals are not clinically eligible air ambulance patients. National international departures are not premium travel demand. Indian hub allocation is provisional, and DXB/DWC are treated as one Dubai market to avoid double-counting.
The modeled TAM/SAM/SOM are decision scenarios, not statistically established market sizes . Replace each assumption with surveyed operator, broker, insurer, corporate and fleet data as it becomes available.
CALCULATION / SOURCE
Medical · India Observed base × 2% × 3.5% × 1.00 scenario × $35,000
Observed starting population 507,244 — 2025 medical-purpose arrivals to India
Specialist or medically demanding transfer share 2%
Private fixed-wing purchase conversion 3.5%
Base annual mission calculation 507,244 × 2% × 3.5% = 355.07
Resulting annual missions (base) 355.07
Scenario multiplier 1.00x
Mission price (model assumption) ₹3,280,043
FX assumption ₹93.7155 / USD
Annual modelled revenue formula 355.07 missions × ₹3,280,043 = ₹116.46 Cr
Annual modelled revenue ₹116.46 Cr India Ministry of Tourism / PIB — medical arrivals 2025 ↗ Includes only an assumed subset of medical-purpose arrivals requiring and funding a private fixed-wing transfer. Patients arriving on scheduled flights are not automatically air-ambulance prospects.
CALCULATION / SOURCE
Luxury · India Observed base × 25% × 0.7% × 1% × 1.00 scenario × $28,000
Observed starting population 30,885,048 — 2024 departures of Indian nationals, all purposes
Leisure-trip share 25%
Premium private-flight-suitable share 0.7%
Charter purchase conversion 1%
Base annual mission calculation 30,885,048 × 25% × 0.7% × 1% = 540.49
Resulting annual missions (base) 540.49
Scenario multiplier 1.00x
Mission price (model assumption) ₹2,624,034
FX assumption ₹93.7155 / USD
Annual modelled revenue formula 540.49 missions × ₹2,624,034 = ₹141.83 Cr
Annual modelled revenue ₹141.83 Cr India Tourism Data Compendium 2025 — outbound 2024 ↗ All-purpose departures are not luxury travellers. Leisure, premium suitability and paid conversion are scenario parameters.
CALCULATION / SOURCE
Corporate · India Observed base × 15% × 0.4% × 2.5% × 1.00 scenario × $26,000
Observed starting population 30,885,048 — 2024 departures of Indian nationals, all purposes
Business travel share 15%
Jet-suitable trip share 0.4%
Paid charter conversion 2.5%
Base annual mission calculation 30,885,048 × 15% × 0.4% × 2.5% = 463.28
Resulting annual missions (base) 463.28
Scenario multiplier 1.00x
Mission price (model assumption) ₹2,436,603
FX assumption ₹93.7155 / USD
Annual modelled revenue formula 463.28 missions × ₹2,436,603 = ₹112.88 Cr
Annual modelled revenue ₹112.88 Cr India Tourism Data Compendium 2025 — outbound 2024 ↗ National overseas departures are a weak proxy for company executive journeys; domestic executive journeys are not included.
CALCULATION / SOURCE
Corporate · Dubai Observed base × 20% × 50% × 70% × 1.00 scenario × $28,000
Observed starting population 20,289 — 2025 Dubai South business aviation movements
Paid charter share of movements 20%
One-way mission equivalent per movement 50%
Corporate purpose share 70%
Base annual mission calculation 20,289 × 20% × 50% × 70% = 1,420.23
Resulting annual missions (base) 1,420.23
Scenario multiplier 1.00x
Mission price (model assumption) ₹2,624,034
FX assumption ₹93.7155 / USD
Annual modelled revenue formula 1,420.23 missions × ₹2,624,034 = ₹372.67 Cr
Annual modelled revenue ₹372.67 Cr Dubai Government Media Office — 2025 business aviation / visitor totals ↗ Existing business aviation movement benchmark, not underlying new traveller demand. A movement is a leg, not necessarily a charter mission.
CALCULATION / SOURCE
Luxury · Dubai Observed base × 20% × 50% × 25% × 1.00 scenario × $35,000
Observed starting population 20,289 — 2025 Dubai South business aviation movements
Paid charter share of movements 20%
One-way mission equivalent per movement 50%
Leisure purpose share 25%
Base annual mission calculation 20,289 × 20% × 50% × 25% = 507.23
Resulting annual missions (base) 507.23
Scenario multiplier 1.00x
Mission price (model assumption) ₹3,280,043
FX assumption ₹93.7155 / USD
Annual modelled revenue formula 507.23 missions × ₹3,280,043 = ₹166.37 Cr
Annual modelled revenue ₹166.37 Cr Dubai Government Media Office — 2025 business aviation / visitor totals ↗ The corporate and leisure allocation of Dubai movements is a scenario; it is not an observed customer segmentation.
CALCULATION / SOURCE
Medical · Dubai Observed base × 0.03% × 2.5% × 1.00 scenario × $40,000
Observed starting population 19,590,000 — 2025 international overnight visitors to Dubai
Potential medically assisted transport share 0.03%
Fixed-wing funded conversion 2.5%
Base annual mission calculation 19,590,000 × 0.03% × 2.5% = 146.93
Resulting annual missions (base) 146.93
Scenario multiplier 1.00x
Mission price (model assumption) ₹3,748,620
FX assumption ₹93.7155 / USD
Annual modelled revenue formula 146.93 missions × ₹3,748,620 = ₹55.08 Cr
Annual modelled revenue ₹55.08 Cr Dubai Government Media Office — 2025 business aviation / visitor totals ↗ Dubai inbound visitors are only a broad exposure proxy; these rates are unvalidated and do not measure outbound UAE patient transfers.
CALCULATION / SOURCE
TAM Sum of the six modeled segment/geography revenue lines
Value ₹965.29 Cr India Ministry of Tourism / PIB — medical arrivals 2025 ↗ Scenario value, not audited charter demand.
CALCULATION / SOURCE
SAM TAM × 70% route feasibility × 60% service permissions
Value ₹405.42 Cr Dubai Government Media Office — 2025 business aviation / visitor totals ↗ Assumption-based haircut.
CALCULATION / SOURCE
SOM SAM × 5% market capture
Value ₹20.27 Cr Dubai Government Media Office — 2025 business aviation / visitor totals ↗ Does not yet incorporate actual available fleet hours.