Eternal Ltd.'s Chief Executive Officer Deepinder Goyal denied media reports of his startup LAT Aerospace buying a Bombardier jet.
"For those who want facts more than clickbaity headlines – LAT is a startup, and has not bought any private jet," he said in a post on X.
"LAT is about making planes for regional aviation, and is not in the business of buying planes," he added.
As per reports, the Bombardier Global 5000 aircraft has been parked in the Delhi airport's VIP bay since June 2025.
In June, Goyal launched regional aviation company LAT Aerospace to develop both aircraft and infrastructure tailored for short-haul flights. The company has invited aerospace engineers, system designers, and others to join its effort to rethink how India flies.
Co-founder Surobhi Das outlined the company's vision, writing in a LinkedIn post: “Think buses in the sky — affordable, high-frequency, and designed to connect the places the airline industry overlooked".
Das announced LAT Aerospace's plan to build a regional air network using compact “air-stops” — smaller than a parking lot — placed closer to where people live. These locations would allow passengers to skip the usual airport queues and security checks, enabling a direct walk-in and fly model.
The idea emerged during their time at Zomato, while travelling frequently across India. They kept returning to the same question: why is regional air travel still expensive, limited, and mostly confined to metro cities?
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