Flapper (company) explained

Flapper
Type:Private
Predecessors:-->
Successors:-->
Founded: in São Paulo, Brazil
Founders:Sergey Terentyev, Arthur Virzin, Iago Senefonte, William Oliveira, Paul Malicki
Hq Location City:Belo Horizonte
Hq Location Country:Brazil
Area Served:Brazil
Owners:-->
Footnotes:[1]

Flapper is a vehicle for hire company headquartered in Belo Horizonte, Brazil. Flapper operates a private aviation marketplace which provides per-seat bookings as well as whole aircraft charters.

Company history

Flapper was established in early 2016.[2] The idea of an "Uber of Executive Aviation" was conceived of by Sergey Terentyev (CEO Qiwi), Arthur Vizin, Iago Senefonte, and William Oliveira, all employees of NASDAQ listed fintech Qiwi, who together founded the company with CEO Paul Malicki.[3]

Brazilian startup accelerator ACE was the first to inject resources into Flapper, and in the middle of 2018 other investors, including Brazilian fund manager Confrapar, led its seed investment. As of December 2018, the company has accrued million in funding.[4]

Operations

Booking platform

A passenger can book a seat through a smartphone app, which also enables users to charter an entire plane or helicopter on demand. Users select their departure and destination, number of seats, travel time and the best time for flights. Users can also check each aircraft's certificates of airworthiness and maintenance, verify their aeronautical and civil liability insurance, and verify each company's certification by the National Civil Aviation Agency of Brazil.[5]

In mid-2018, Malicki reported that Flapper’s per-seat booking revenue on shared flights provided about 50 percent of its revenue at that time, with charters providing the rest. Flapper generates about 80 percent of its revenue from its mobile-device app.[6]

Payments

Users can pay via credit card and have the option to break the payment into three installments.[7] [8]

Future plans

In October 2018 it was reported that Flapper is planning on adding electric helicopters to its flight sharing service, predicted to begin in 2021. [9]

Notes and References

  1. Web site: A Flapper permite fretar jatos executivos e comprar assentos em voos compartilhados. Tudo pelo app . Infante . Maisa . April 23, 2019 . Draft Academia . April 24, 2019 . Portuguese . Flapper lets you charter executive jets and buy seats on shared flights. All by app..
  2. Web site: Startup de aviação levanta R$ 3 milhões para fazer VOCÊ andar de jatinho . Freitas . Tainá . June 14, 2018 . StartSe . April 20, 2019 . Portuguese . Aviation startup raises $3 million to make YOU ride a jet . April 24, 2019 . https://web.archive.org/web/20190424041218/https://www.startse.com/noticia/startups/mobtech/50881/flapper-3-milhoes-investimento . dead .
  3. Web site: "Uber da Aviação Executiva", Startup Brasileira Expande Serviço e Atrai Investimentos . Faustino . Rafael . April 1, 2018 . Globo . April 20, 2019 . Portuguese . "Uber of Executive Aviation", Brazilian Startup Expands Service and Attracts Investments.
  4. Web site: Flapper Oferece Concur para Clientes . Renner . Maurício . July 12, 2018 . Baguete . April 24, 2019 . Portuguese . Flapper Offers Concur for Clients.
  5. Web site: ""Uber dos jatinhos": aplicativo cai no gosto dos famosos e da classe média alta . Piva . Naiady . February 21, 2018 . Gazeta do Povo . April 20, 2019 . Portuguese . "Uber of Jets" App Loved by the Famous and the Upper Middle Class.
  6. Web site: Flapper Technologies Plans Online Booking Expansion . Kjelgaard . Chris . August 10, 2018 . AINOnline . April 20, 2019 .
  7. Web site: 'Uber dos Jatinhos Privados Libera Parcelamento em Voos Compartilhados . Figo . Anderson . August 31, 2018 . Exame . Abril Midia . April 22, 2019 . Portuguese . Uber of Private Jets Enables Installments on Shared Flights .
  8. Web site: Uber de jatinhos lança 10 novos destinos para o Réveillon . November 30, 2018 . Cartão de Visita News . April 22, 2019 . Portuguese . Uber of Jets launches 10 new destinations for New Year's Eve .
  9. Web site: Paiva . Fernando . October 30, 2018 . Flapper: app quer democratizar voos privados no Brasil . Mobile Time . Mobile Time . 18 October 2021 . Portuguese . Flapper plans to offer electric helicopter flights in Brazil.

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