flight partner presentation 2014 11
TRANSCRIPT
65% of aircraft availability goes unused
40%of those used return EMPTY
10%conversion rate with current software tools
The Problem
• No Centralized Reservation SystemNo Centralized Reservation System
• Fragmented IT integrationFragmented IT integration
• Lack of AutomationLack of Automation
Today there is no single source that aggregates available private jet inventory and automates the booking
Solution
FlightPartner
Central Reservations and Auction
platform for the luxury travel industry that fully automates the booking method for private jet travel and facilitates the provisioning of travel services by its suppliers to its customers
Priceline for Private Jets
We Will
Increase aircraft utilization and lower costLower price points create a new tier of customer
Become the Market Maker
“…increase availability within the air charter marketplace through a real-time reservation and
reverse auction platform..”
• Two years of market R&D / MVP process
• First to integrate Accurate Real-Time Quoting
• First to offer real-time reservations online
Intellectual Property• Provisional Patent for search and quote engine• FlightPartner™ Trademarked• Copyright on software code
• Special Sauce – proprietary search algorithms
Competitive Advantage
KNOWLEDGE INNOVATION
AUTOMATION
Aviation & Technology First to Market
Real-Time Data Exchange
SIMPLEUser Experience
SEAMLESS
5%
commission on sale to consumer B2CFRG -> MIA -> FRG $22,000 x .05 = $1100
recurring $$ recurring
aircraft operator - per month per aircraft
2%commission on sale by broker B2B
6.6M hours flown in 2012
Douglas SchmohlCEO President• Founder and creative force with prior successful startup• Software Engineer• 30 years experience as a professional pilot• Military Veteran | Pilot | Officer
Matthew SchmohlDirector Business Development & Analytics• Cornell University School of Engineering• Degree in Operations Research/Applied Math/Analytics• Designed custom analytics solutions, business processes, GTM
strategies for Accenture, Verizon and Fortune 100 companies
Roger Chen
Senior Developer
• MBA 2014 Information System Management SUNY SB
• Bachelor of Engineering degree from Shanghai University
• Tech development at companies: Hitachi, Hyron and Infosys
Final integration with leading aircraft scheduling sys 2014FlightPartner GDS will be the
Global Real Time Distribution System for Air Charter
1100
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