FlySBS Aviation Ltd Company Summary

FlySBS Aviation Limited was originally incorporated as FlySBS Aviation Private Limited a private Company dated August 07, 2020. Subsequently, the name of the Company was changed to FlySBS Aviation Limited, and a fresh certificate of incorporation was issued by the Central Registration Centre dated October 29, 2024. The Company is a DGCA approved Non Scheduled Airline Operator holding a valid Air Operator Permit.

Their charter services serves to specific travel needs, such as direct travel convenience, multi-destination within tight timeframes, or access to locations lacking commercial flight connectivity. Additionally, its services are frequently sought for critical purposes like medical emergencies, key business meetings, promotional events, and other high-priority engagements.The Company currently provides private air-chartering services in India with operating base located in Chennai, Tamil Nadu. It offer comprehensive air chartering services, operating dynamically across domestic and international routes.

It has flown clients to diverse destinations worldwide, spanning six continents. This includes routes to the far east in Japan, the Middle East, New Zealand, the Arctic regions of Europe and North America, and as far as Mauritania in Africa. During the initial years of operation, Company carried out private air-chartering services through a wet lease or quasi charter model wherein the lessor of the aircraft provides the aircraft with the complete crew, maintenance and insurance requirements.

Under the dry lease model, it operated a 13 seater Embraer Legacy 600 aircraft. Since the induction of its first dry-leased aircraft in 2023 it has been progressively shifting the mix towards dry lease, which carries higher fixed cost and materially higher retained margin. The Company launched the IPO which comprise a fresh issue of 45,57,000 Equity shares of Rs 10 each and raised Rs 102.53 crore on 5 August 2025.

The Company commenced operations on wet-leased capacity, which enabled rapid scaling with minimal capital commitment in FY26.