New startup Flypop signs lease deal for Airbus jets
New airline startup flypop has signed a multiple aircraft lease deal with Ireland based lessor Avolon as it continues preparations for a launch.
It will take several wide-body A330-300 aircraft.
Flypop plans to offer services from the UK to India later this year when travel resumes.
After speaking to various lessors, Avolon offered the most competitive rate and a pipeline of aircraft into 2023, flypop said.
"As a twin-engine double-aisle wide-body that can carry over 400 passengers, the A330-300 aircraft will deliver everything we want to offer our flypop passengers, especially the lowest seat prices to India," said Navdip Singh Judge, CEO & Principal of flypop.
"With this lease deal we have been able to submit our AOC license application to the UK Civil Aviation Authority and expect our first flights to commence by October."
"Many thanks to the UK Government’s Future Fund for its financial assistance, which has enabled us to raise further funding. Increased flight connectivity, especially on new routes, will create much needed economic benefits for both the UK and India."
Martyn Lewis, Senior VP – Marketing (Europe, Middle East & Africa) at Avolon said: "We look forward to working with flypop on its exciting imminent launch of flights between the UK and India. We will work with flypop on its future growth strategy and expansion of routes and provide further aircraft as required."
The flypop team has been expanding in the past few months, adding a diverse wealth of aviation experience and knowledge from many different fields.
These include Charlie Clifton, ex Director of Ryanair, who joined flypop as Senior Operations Adviser and Board Member.
"Flypop’s cost of entry is much lower now than it would have been pre-Covid-19. Low fares always stimulate greater demand. The sector is currently on the floor, but the market will return strongly," he said.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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