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Introduction
Jetway is a service for charter airlines and their customers. It’s key features are:➢ Charter flight organization.➢ Cargo capacity realization.➢ Empty leg management.➢ Paperwork automation.
Charter flight organization
Jetway is capable of establishing charter flights of any kind: ➢ Charter programmes for travel agencies➢ Ad Hoc charters for sports teams or
organizations➢ ACMI (Aircraft Crew Maintenance Insurance)
short-term leasing for airlines.
Cargo capacity realization
We provide shippers with a possibility to book freight capacities on passenger charter flights.
Empty Leg management
Empty legs are available for sale through Jetway site and through partner ticketing services if needed.
Paperwork Automation
Paperwork automation implies the generation of typical documents (contracts, overflight permits) in many languages using Natural Language Processing technologies.
Benefits
● We employ leading-edge IT technologies in order to help our clients to find the aircraft which they actually need, not the one that their broker wants.
● Full automation allows us to cut costs significantly compared to traditional brokerage
Ratings
Jetway uses state-of-art search algorithms to rate airlines and their particular aircraft.Ratings are based on➢ aircraft current location➢ airline general reputation & safety logs➢ customer feedback and many more factors
Market opportunity
● Airline market is growing. Over 40M flights in 2014.
● Charter flights occupy ~5-7% of market.
Growth Potential
● Our goal is to serve 0.5% of air charter market .
● 0.5% of air charter market is about 15K flights annually.
● We will charge a flat rate fee of $1000 for every flight organized with us. It’s 5 to 20 times cheaper than existing brokerage
● This gives us an opportunity to reach a net income of $15M per year
Competitors Jetway Business
charter online services (e.g. Victor, Ubair)
Air charter brokers (e.g. AirCharterService)
Plane search engines (e.g. ACMIfinder)
Organizes all kinds of charter flights YES NO YES NO
Searches aircraft across all airlines YES NO NO YES
Automates paperwork YES YES NO NO
Charges low flat-rate fees YES VARIES VARIES NO
Collects feedback YES YES YES NO
Maximizes efficiency by offering delivery services YES NO VARIES NO
Mission
Our mission is simple: ordering a charter flight should not be more complex than ordering a taxi with Uber.We want to provide charterers and airlines with usability of modern B2C travel services level.
Team
Our team is formed by students of Moscow State University, Moscow Aviation Institute, and Amherst CollegePeople in our team have work experience in such companies as Yandex and SKB Kontur and some startup background. We are award-winners in various programming contests like ACM ICPC and IOI.
Schedule
Jetway is scheduled for take off Fall 2015. We plan to start with South European countries with stable demand and capacities for both tourist and ACMI charters.An alpha version is expected by September and a working beta is expected by October with launch in mid-October.
Minimal Viable Product
MVP of Jetway is a working service allowing customers to select a suitable charter aircraft and to receive bills from the airline online. It will also provide us with early customer feedback from both charterers and airlines.
MVP layout
Current state
Fully-working click dummy of Jetway is available at jetway.to/search
Our Partners
Currently Jetway reached preliminary agreements with following companies:● Center-South airlines has agreed to
sell its charter capacities (brand-new Sukhoi SuperJet aircraft) at Jetway
● We have been accepted into the Startup Lisboa incubator program. We are planning on relocating to Portugal.