Owning and maintaining a helicopter in India can be quite an expensive endeavor. The initial cost of purchasing a helicopter can vary significantly based on the type, model, and size of the aircraft, generally ranging from a few crores to tens of crores of Indian Rupees. Popular models like the Bell 407 or Eurocopter AS350 can set you back anywhere from ₹3 crore to ₹12 crore.
In addition to the purchase price, there are ongoing maintenance costs. These include routine inspections, repairs, and the replacement of parts, which can amount to approximately ₹25 to ₹50 lakh annually depending on the helicopter type and how often it is used. Moreover, fuel costs need to be considered, as helicopters are not fuel-efficient, and prices fluctuate, but it generally contributes a significant amount to operational costs.
Furthermore, one must not forget about the costs associated with crew salaries if you are hiring pilots and ground personnel, insurance premiums, hangar fees, and regulatory compliance costs, which can further increase the total expenditure.
In summary, between purchase, maintenance, and operational costs, owning a helicopter in India can easily scale between ₹2 crore to ₹5 crore or more annually, making it a luxury that is generally reserved for well-established businesses or affluent individuals.