Did LAT Aerospace Acquire a Private Jet? Deepinder Goyal Responds
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Synopsis
In a recent statement, Deepinder Goyal, CEO of Eternal, addressed rumors about LAT Aerospace's alleged acquisition of a Bombardier jet. He emphasized the startup's commitment to regional aviation and clarified that they focus on building aircraft, not purchasing them. Discover the innovative vision behind LAT Aerospace and its mission to transform air travel in India.
Key Takeaways
- LAT Aerospace is not acquiring private jets.
- Focus is on regional aviation.
- Innovative aircraft for better accessibility.
- Startup aims for efficiency and affordability.
- Significant funding raised for development.
New Delhi, July 16 (NationPress) The CEO of Eternal (previously Zomato), Deepinder Goyal, on Wednesday denied claims that LAT Aerospace, an aviation startup he supports, has acquired a Bombardier Global jet.
In response to circulating reports suggesting that LAT Aerospace, backed by Deepinder Goyal, had purchased a Bombardier private jet, Goyal clarified, “LAT is a startup and has not bought any private jet.”
He stated, “Our focus is on developing aircraft for regional aviation, not on purchasing planes,” in a statement shared on X.
Goyal emphasized that LAT's mission revolves around manufacturing planes for regional air travel, and not engaging in aircraft purchases.
He added with humor, “And, I don't own one personally either. It would be nice to have one though.”
Reports indicated that the LAT-owned Bombardier Global series aircraft was set to commence operations on July 16.
LAT Aerospace, co-founded by Goyal, seeks to revolutionize regional air travel in India by offering low-cost, high-frequency mini-aircraft.
The startup is developing the future of mass aviation: a network of cost-effective, high-frequency, 24-seater, STOL (short take-off and landing), medium-haul aircraft, aimed at making “every city, every town, and every community accessible.”
According to the startup, “Powered by next-generation aircraft, designed from the ground up for efficiency, built for affordability, and future-proofed for autonomy, we are aiming to rewrite the rules of flight.”
“Our aircraft will operate from compact ‘air-stops’ that require no larger than a parking lot — eliminating baggage belts and security bottlenecks — thus removing the need for complex and costly airport infrastructure that regional air travel does not necessitate,” the website states.
Deepinder Goyal launched LAT Aerospace last month, as shared in a LinkedIn post by Surobhi Das, the cofounder of the aviation startup.
In her post from last month, Das remarked, “While building Zomato and traveling across India, Deepinder and I kept asking ourselves: Why is regional air travel still so inefficient – costly, infrequent, and largely inaccessible unless you reside in a metro area? India has over 450 airstrips, but only 150 see commercial flights.”
The startup has reportedly secured funding of approximately $50 million, with $20 million contributed by Goyal.
Point of View
It is crucial to acknowledge the importance of transparency in the aviation sector. Deepinder Goyal's clarifications regarding LAT Aerospace's focus on manufacturing rather than purchasing aircraft highlight the startup's genuine commitment to transforming regional air travel in India. This approach not only fosters innovation but also addresses the existing challenges in the aviation industry.
NationPress
16/07/2025
Frequently Asked Questions
Did LAT Aerospace buy a private jet?
No, LAT Aerospace has not purchased any private jets, as confirmed by CEO Deepinder Goyal.
What is the focus of LAT Aerospace?
LAT Aerospace is focused on developing aircraft for regional aviation, aiming to provide low-cost, high-frequency travel options.
How much funding has LAT Aerospace raised?
LAT Aerospace has reportedly raised approximately $50 million, with $20 million contributed by Deepinder Goyal.
What type of aircraft is LAT Aerospace developing?
LAT Aerospace is developing 24-seater, STOL (short take-off and landing) aircraft designed for efficiency and affordability.
Who are the founders of LAT Aerospace?
LAT Aerospace was co-founded by Deepinder Goyal and Surobhi Das.
