EaseMyTrip to acquire 49% stake in Big Charter Pvt Ltd

Easy Trip Planner, the parent of online travel platform EaseMyTrip, said on Monday, March 24, that its board of directors gave in-principle approval to acquire a 49% stake in charter aviation company Big Charter Pvt Ltd.

The company has yet to divulge financial information about the acquisition.

In FY24, Big Charter Pvt. Ltd generated ₹128.75 crore (or $15.5 million) in revenue, the regulatory filing dated March 24 said.

EaseMyTrip aims to expand its footprints into the charter and non-schedule aviation market, valued at $650.5 million in India, enabling it to offer more personalised, premium and flexible air travel options to a wider customer base.

It said that the acquisition will strengthen EaseMyTrip’s position as a comprehensive travel provider, allowing the company to capitalise on high-margin sectors such as charter services and Non-Schedule Operator Permit (NSOP) operations. In turn, this will expand the travel agency’s customer base as corporate clients, high-net-worth individuals (HNIs) and event travelers prefer to fly charter.

The acquisition will also help EaseMyTrip to expand to remote regions, especially Tier-1 and Tier-2 cities, where Big Charter has a solid presence.

Commenting on this approval, Nishant Pitti, the Chairman and Founder of EaseMyTrip said: “This partnership is a crucial step toward making charter air travel more accessible across India. By combining EaseMyTrip’s cutting-edge technology with Big Charter’s established expertise, we are poised to revolutionize the way air travel is experienced. The integration of their NSOP (Non-Scheduled Operator's Permit) operations will allow us to cater to a wider range of premium customers, further solidifying our commitment to driving the growth of India’s charter aviation market.”

“Partnering with EaseMyTrip marks a transformative moment for us (Big Charter). Leveraging EaseMyTrip’s technological expertise and vast customer base will accelerate our growth, expand our reach, and enhance the efficiency of our services. Together, we are positioned to offer a more accessible and seamless travel experience, strengthening our mission to provide affordable, reliable, and high-quality travel options across India,” said Sanjay Mandavia, the Director of Big Charter.

EaseMyTrip share performance

Shares of Easy Trip Planner Ltd. closed in the red at ₹13.40, down 1.30% on the National Stock Exchange (NSE) on Monday. The acquisition approval was announced after market hours.

The stock has gained 7.55% since last week and 14.33 on a month-to-date basis. The scrip has lost 15.51% since the beginning of the year.

The company hit its 52-week low of ₹10.80 on March 4, 2025, and high of ₹23.90 on April 29, 2024.

Easy Trip Planner has a total market capitalisation of ₹4,756.16 crore as of March 24, 2025, on the NSE.