Today: Apr 17, 2024

Airline Startups: Soaring Sky High in 2023!

4 months ago

Key Points:

  • The aviation industry is rebounding and more airlines are entering the market.
  • Fly Red Sea is a new airline focused on ferrying tourists to Saudi Arabia’s beachfront resorts.
  • Centrum Air is an Uzbek startup that plans to expand its fleet for low-cost domestic and international flights.
  • Fly Red Sea is using sustainable aviation fuels and exploring the possibility of using electric aircraft.
  • Centrum Air plans to launch flights between Uzbekistan and 15 other countries.
  • Phenix Jet Singapore is a business/private charter airline that opened its Singapore chapter in 2023.

Article:

The aviation industry is rebounding and growing, with more airlines entering the market to capture market share and make profits. Fly Red Sea is a new airline focused on ferrying tourists to Saudi Arabia’s beachfront resorts, with plans to expand its fleet and reduce carbon emissions. Centrum Air, an Uzbek startup, aims to take advantage of the country’s economic growth and plans to expand its fleet for low-cost domestic and international flights. Singapore-based Phenix Jet caters to the luxury aviation sector with its fleet of private charter aircraft.

Fly Red Sea, launched by Red Sea Global, manages the Saudi Arabia-based tourist destinations The Red Sea and Amaala. The purpose-built airline will ferry tourists to various beachfront resorts in Saudi Arabia. The airline’s initial fleet consists of four Cessna Caravan 208 seaplanes equipped with luxury interiors. The airline aims to have nine aircraft by 2028 and 20 by 2030. It also aims to keep its carbon emissions low and has operated the entire fleet exclusively on Sustainable Aviation Fuels (SAFs). It is exploring the possibility of using electric aircraft and is working with aviation firm ZeroAvia to trial aircraft with hydrogen-electric powerplants.

Centrum Air, an ambitious Uzbek startup, aims to take advantage of the country’s economic growth and rapid expansion of its aviation industry. The airline was established by Uzbek cargo airline MyFreighter and is focused on the low-cost domestic and international markets. The airline has been growing its fleet and planned to acquire 20 aircraft by the end of the year. However, it is far from reaching the goal, with its current fleet consisting of three A320-200s, two of which are in service and one in maintenance. The airline plans to expand to 100 aircraft by 2026 and launch flights between Uzbekistan and 15 other countries. It will initially fly to five domestic destinations: Nukus, Urgench, Termez, Namangan, and Fergana.

Phenix Jet Singapore is a business/private charter airline that opened its Singapore chapter in 2023. The airline operates out of the Cayman Islands and the US, with Singapore being its third hub. Its fleet consists of two Bombardier Global 7500s, a Bombardier Global XRS, two Gulfstream G650ERs, a Gulfstream G650, and a Boeing 737-700 Business Jet. The parent company, Phenix Jet Group, was established in 2017 and caters to the luxury aviation sector.