India, March 25 -- Online travel aggregator (OTA) EaseMyTrip plans to foray into the charter aviation sector with the acquisition of a 49% stake in Big Charter Pvt Ltd.

In an exchange filing, EaseMyTrip said it has received in-principle approval from its board for the stake acquisition in the charter aviation company. The deal will be subject to final nod from the company's board and shareholders.

However, the OTA did not disclose the size of the transaction.

In a statement, EaseMyTrip said that the acquisition will enable it to offer personalised and premium air travel options to high-end customers. The OTA also said that the move is in line with its border strategy of expanding presence in Tier II and Tier III cities, where Big Chart...