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FinFloww

@FinFloww

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Fresh read every Monday, Wednesday, and Friday. Business Enquiries: [email protected]

New Delhi, India
Joined May 2021
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@FinFloww
FinFloww
2 hours
How the so-called “brainrot” movies are saving Bollywood:. [FinFloww x Nikhil Kamath].
@nikhilkamathcio
Nikhil Kamath
2 hours
Quality is subjective. Intelligence is maybe in knowing what could work. I, for one, will pick a good local biryani place over a Michelin-star quality fancy restaurant 99 times out of 100. Also, building something in the space of live events may be the contrarian bet to make
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@FinFloww
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RT @aryan_kochhar: Exceptional entrepreneurs scale businesses. But to scale entrepreneurship in India, we need to kill the myth of excepti….
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@FinFloww
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RT @iPawanKrSingh: Interesting.
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@FinFloww
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RT @confused_stan: Interesting Read.
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@FinFloww
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RT @entropied2223: If they can pull this off, it'll be a revolution of sorts. Desperately needed.
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@FinFloww
FinFloww
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RT @ofcboogeyman: Disruptive idea by @deepigoyal.
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@FinFloww
FinFloww
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RT @JerminaMenon: Potential but not without challenges Would be interesting to see how it pans out. Great analysis but execution will be….
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FinFloww
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RT @CodeWShreyans: sounds cool, not gonna work. trying to solve way too many problems, each of them enormous even individually. airline suc….
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@FinFloww
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RT @FinFloww: In 2023, Deepinder Goyal showed a loss-making food-delivery industry how to make a profit. Now, he’s disrupting another such….
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@FinFloww
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Subscribe to WHAT THE FLOWW?, our weekly email newsletter where we dive deeper into such concepts:
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If you liked this read, do RePost🔄 the 1st post. and follow us @FinFloww for such reads every Monday, Wednesday and Friday!.
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@FinFloww
FinFloww
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LAT Aerospace is betting that by building aircraft and systems designed from the ground up for India,. rather than adapting foreign models,. they can unlock that demand and complement the government’s 10-year UDAN extension push for regional connectivity.
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@FinFloww
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So, there is clear demand. Millions of Indians in smaller cities would fly if they had affordable and reliable options.
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But if they succeed, the outcome will be huge. India’s aviation sector is growing fast. Domestic air travel hit 16.3 cr passengers last year, up 12% from the year before. The govt. plans to add 50 new airports in the next 5 years & over 350 by 2047 under Vikshit Bharat vision.
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All of this means LAT Aerospace will need to solve technical, regulatory, and business challenges all at once. And that’s the reason why other players have always shied away from pursuing this model extensively, given the thin margins and complexity of regional aviation.
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Fuel, spare parts, and aircraft leases are mostly priced in dollars. Aerospace engineers are in short supply. And although many small airports exist, few are ready for regular flights.
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And recent events, like the tragic Ahmedabad plane crash, show just how fragile public confidence can be. One serious incident can set back years of progress in getting Indians comfortable with regional flying. On top of that, aviation costs in India are high.
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Building a new type of aircraft is one of the most expensive & complex things a company can try to do. Aircraft must meet strict safety standards, pass difficult regulatory approvals, and go through years of testing before passengers can board.
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To bring this idea to life, Goyal has already put $20 million of his own money into the company, and LAT has raised about $50 million in total seed funding. But as exciting as this sounds, it is not going to be easy.
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