$5mn Emissions-free Airline

$5mn Emissions-free Airline

The Venture

Flyv is redefining the commercial airline model by blending the reliability of traditional airline operations with the flexibility of on-demand air services. Often described as the "Uber for smaller airports," Flyv will leverage AI algorithms to construct custom flight networks on decentralized air transport routes, addressing gaps in regional travel across Europe. With a focus on sustainability, Flyv aims to become the world's first fully emissions-free airline, capitalizing on hybrid-electric aircraft solutions like the eSTOL Electra from Electra.aero.

  • Combining the reliability of traditional airlines with the flexibility of on-demand services
  • Utilizing AI algorithms to construct custom flight network
  • Focusing on sustainability with hybrid-electric aircraft solutions

Intro

Flyv, led by Founder and CEO Tomislav Lang, is revolutionizing regional air travel across Europe with its innovative approach to sustainable air mobility. As a complete aviation experience, Flyv offers customers a seamless journey from booking to transport using a single app and airline. Leveraging proprietary algorithms, Flyv optimizes flight networks by utilizing smaller, underserved airports and hybrid-electric aircraft, like the eSTOL Electra, to provide efficient and environmentally friendly travel options. With a focus on customer convenience, Flyv guarantees fixed travel times and precise itineraries, making air travel easy and accessible. Lang's vision stems from a lifelong passion for aviation, combined with his expertise in airline operations and a partnership with Anton Lutz, an expert in aviation algorithms and mathematics. As Flyv prepares for its inaugural flights in 2025, the company aims to be the first fully CO2 emissions-free airline, paving the way for the future of sustainable aviation.

Founder

Tomislav Lang hails from an entrepreneurial family with a rich background in tourism and aviation, shaping his deep-rooted passion for the industry from a young age. Academically trained in tourism, Tomislav has garnered over two decades of experience in senior management roles within the airline sector, with a specialized focus on ground operations. Beyond his professional endeavors, he is an avid coach in both soccer and basketball, drawing parallels between leadership in sports and business. Tomislav firmly believes in the importance of training to achieve any objective and possesses an insatiable love for travel. His guiding philosophy is encapsulated in the motto, "To ignite others, you must first burn within." With his extensive experience leading Swiss regional airline Skywork Airlines from 2008 to 2013, Tomislav possesses deep insights into the European air mobility sector. This expertise inspired him to conceptualize an innovative airline model that focuses on connecting secondary, tertiary, and even quaternary airports, rather than directly competing with industry giants like Lufthansa and Ryanair.

Key Highlights

  • Regional airline industry faces challenges due to pilot shortages, rising costs, and environmental concerns, affecting profitability.
  • Advanced Air Mobility (AAM) startups aim to rejuvenate regional air travel by reducing costs through electrified aviation and offering point-to-point services to underserved airfields.
  • The company's innovative approach includes offering customers multihour time frames and utilizing proprietary algorithms for efficient resource allocation and demand matching.
  • Flyv envisions transitioning to a fully electric regional airline in the next decade, targeting the vast potential of over 22,000 underserved regional airports in Europe.

Strategic Partnerships and Market Penetration

Flyv has strategically partnered with numerous airports, hybrid-electric aircraft manufacturers, and technology collaborators. This collaboration positions Flyv as a pioneer in on-demand air travel, focusing on the geographical proximity of travelers to smaller, underutilized airfields within the European flights market. By optimizing travel efficiency between cities and enhancing connectivity in rural areas, Flyv offers a 10% reduction in travel costs compared to car travel, along with twice the efficiency in terms of travel time.

One of Flyv's significant milestones was its partnership with Norrköping Airport, introducing on-demand regional air services to Sweden. This partnership marks Sweden as the second country, following Germany, to adopt Flyv's innovative model.

Sustainability and Regulatory Alignment

Flyv's business model aligns seamlessly with the global push towards sustainable aviation. With France initiating the closure of fossil fuel-based regional routes in 2022 and Denmark and Sweden aiming for complete decarbonization of domestic aviation by 2030 and 2045, respectively, Flyv's commitment to emissions-free travel positions it as a forward-thinking leader in the industry.

Innovative Roadmap and Future Prospects

Flyv's roadmap includes the integration of AI and smart algorithms for optimal demand and availability matching. By leveraging the MILP algorithm, Flyv optimizes resource allocation based on actual demand, ensuring maximum asset utilization and scalability. In its initial phase, Flyv aims to serve six destinations with 30 connections, expanding to nine destinations with 72 connections by the second year. With Electra's hybrid-electric aircraft's capability to land on a 300-foot runway, Flyv plans to provide point-to-point intercity travel, taking advantage of previously inaccessible flight routes.

Conclusion

Flyv's journey from concept to reality is a testament to the power of innovation and the potential to disrupt a traditional industry. With a vision to make air travel more accessible, efficient, and sustainable, Flyv has leveraged cutting-edge AI technology, strategic partnerships, and a deep understanding of regional air mobility to pioneer a new era in aviation. By optimizing underutilized airfields and embracing eco-friendly hydrogen-electric engines, Flyv is not only addressing current market gaps but also leading the way toward a future of carbon-neutral air travel. As Flyv continues to expand its network, optimize operations, and prioritize sustainability, it is set to reshape the future of regional travel across Europe.

Learn more at www.flyvbird.com

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Success Story

Launched with the aim of revolutionizing regional air mobility, Flyv has quickly gained momentum by combining custom AI-driven flight networks with a commitment to sustainability. As Flyv continues to grow and expand its network, the company's commitment to passenger flexibility, operational efficiency, and environmental responsibility will undoubtedly position it as a leader in the next generation of aviation. Their success story is one of resilience, foresight, and the relentless pursuit of a smarter, more sustainable future in air mobility.

Q2 2024, Flyv

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