Below is our recent interview with Luke Hampshire, CEO & Co-Founder of Airly:
Q: Could you provide our readers with a brief introduction to Airly?
A: Airly is a technology-enabled private aviation membership based in Australia. Our core vision and focus is to provide sophisticated individuals a unique access point into private aviation and show that you can fly on corporate jets for the cost of a business class ticket.
Q: How did the idea behind Airly come about?
A: The Airly seen today has come from 6 years of models, ideas and iterations. Having spent most of my working career in aviation I always saw the benefit of private aviation however became aware of the stigma around pricing that immediately turned people, who could actually afford it, off the idea. Our membership model helps merge the predictability and simplicity of booking a commercial flight with the perks and efficiencies of flying private.
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Q: What’s the best thing about Airly that people might not know about?
A: Probably the fact that we’ve allowed hundreds of jetsetters the opportunity to fly on a private jet when they originally felt it was out of reach or too expensive.
Q: What’s your revenue model? How are you funded?
A: Our revenue is generated from shared flight, empty leg and charter bookings along with membership fees to provide a premium level of access and service. We have raised a total of $717,000 AUD since 2017 with our most recent being our $500k seed round that closed early last year.
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Q: What is next on the roadmap for Airly?
A: We have an exciting new product which provides yet another unique access point for flying private. It’s ultimately like owning your own jet, less the headaches. But we’re not announcing anything publically just yet.