Bangalore-based Empire Aviation, set up last year after Indian MRO specialist Air Works made a $30 million strategic investment in Empire’s parent company in Dubai, has taken its first business jet under management—a Challenger 300 that flies from HAL Airport. It is in discussions for three more aircraft, and plans to have five under management in India by the middle of this year. Challenges facing the development of private aviation in India include tough regulations on aircraft importation ...

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