IBIS Airlines™ is a privately held national airline company based on a disruptive business model that will fly large aircraft, offer the flying public deeply discounted fares with free luggage, make quality customer service top priority and operate several unique revenue centers that ensure continued low fares for an underserved population of fliers. Some of the IBIS Airlines™ unique revenue centers are:
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™ flies, adding capital to the airline ancillary markets and to the economy in general, including hotels, restaurants and retailers, increasing cities’ tax base.
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.