A privately held national airline based on a disruptive business model that will initially take on direct international flights that have been abandoned by the legacy airlines in favor of building stronger international hubs. The result of this retraction of routes has left significant holes in many major airports for proven direct routes which are no longer being served.
Flying large aircraft, with discounted fares and free luggage, making quality customer service a top priority as on many international airlines, and operating several unique revenue centers that ensure continued low fares, IBIS is in conversations with several south Florida and international airports to fill that gap; many offering unique financial incentives to ‘reignite’ those destinations.
The IBIS Airlines™ disruptive business model allows discounted fares charged by existing carriers. IBIS Airlines™ will fly larger planes into exclusive destinations of highly populated international markets, reducing the cost per seat mile, making airfare affordable to a much broader base. All this will be done without sacrificing the creature comforts that passengers enjoy – in fact, IBIS Airlines™ will add to them.
The size of the airline travelers market in 2017 is projected to be 800 million passengers, based on an IATA 2016 report. A 10 percent increase in travelers is believed to be highly possible because of the lower fares that IBIS Airlines™ will offer, bringing U.S. airline travel to 880 million passengers per year. This increase in travelers will have a visible and measurable ripple effect on the economies of cities to which IBIS Airlines™ will fly, adding capital to the airline ancillary markets and to the economy in general, including hotels, restaurants and retailers, increasing cities’ tax base.
From inside out the company will continually strive to minimize our ‘carbon footprint’ to recycle in our offices and aircraft – to the use of computer models for fuel efficiency – to more efficient energy use and battery storage – to new lighter materials and energy saving technologies.
As a good friend of the company says…
“we’re even recycling the 747-400s in keeping them in action and readied for the 21st century”.
For IBIS Airlines Investors:
This release contains forward looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and of Section 21E of the Securities Exchange Act of 1934. The forward looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with changes and transitions in management personnel, the impact of the global economy and uncertainty in the airline spending environment, revenue growth and recognition of revenue, products and services, their development and distribution, service demand, economic and competitive factors, the Company’s key strategic relationships, as well as other risks detailed in the Company’s filings with the Securities and Exchange Commission. IBIS Airlines assumes no obligation to update any forward looking information contained in this press release or with respect to the announcements described herein.