French start-up Happy Airways targets 14 European destinations
French start-up Happy Airways will serve up to 14 destinations across Europe from its hub at Strasbourg-Entzheim Airport, including London, Berlin, Zagreb, Milan and Prague. The airline launched a fundraising appeal this week as it seeks to raise 4.75 million euros ($4.72 million).
Happy Airways publishes its network project
Happy Airways, a proposed airline based in France, has unveiled more than a dozen destinations it hopes to serve once its funding is secured. The airline start-up will be based at Strasbourg-Entzheim Airport (SXB) and aims to serve 14 destinations in France, Germany, Austria, Switzerland, Italy, the Czech Republic, Croatia, Slovenia and the Kingdom -United.
The 14 destinations are:
In its first year, Happy Airways wants to operate around 4,400 flights from Strasbourg, although no launch date has been put forward because it is still looking for funding. The startup plans to operate with a fleet of ATR 72-600 turboprops, initially launching with two aircraft before expanding its fleet when possible.
The network offered by the airline will serve various destinations across Europe. Photo: Happy Airways
The airline says these 78-seat planes will “enable Happy Airways to reduce operating costs and environmental impactand consume approximately 45% less fuel than other regional jets. In addition, the carrier will provide passengers with complimentary catering services and in-flight entertainment, while focusing on other environmentally friendly practices, such as as the use of electric cars and electric cargo bikes in its operations.
At the service of Strasbourg
While Strasbourg is among the 10 most populous cities in France, Strasbourg-Entzheim Airport is surprisingly underdeveloped, having handled around 1.3 million passengers in 2018. The airport’s largest operator is Volotea, which offers services to several national and European holiday destinations.
The airline will launch with two ATR 72-600 aircraft. Photo: Happy Airways
Happy Airways said,
“Operating as a hybrid airline with excellent quality of service, good connectivity and affordable fares, Happy Airways, if established, could be a breakthrough in the regional aviation industry. The ‘lucky’ airlines , with an improved flight network that will make Strasbourg a new travel hub, making it easier for tourists to visit the city at the heart of the European Union.Happy Airways will be the driving force behind the development of the airport.
The airline also said it would seek codeshare and interconnection agreements with other airlines to expand its global connections.
Search for investors and crowdfunding
Happy Airways has issued a call for funding, calling on conventional and crowdfunding investors to raise capital. The carrier hopes to raise 4.75 million euros ($4.72 million) and has set a minimum target of 1.8 million euros to operate its first aircraft.
It is unclear whether the airline will lease its fleet or buy the plane, but it is more likely to seek leasing deals given the cost of an ATR 72-600.
The airline’s crowdfunding initiative will sell shares from €50 up to €50,000 and offer a variety of rewards and incentives for investors, including an “Unlimited Happiness Pass” offering free flights to life for the lucky winner.
What do you think of Happy Airways? Do you see the startup carrier becoming a success? Let us know in the comments.