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KinectAir, an online platform for booking private airplanes, has launched an “empty leg” option which reduces flight prices by up to 75%. Uber-style private airplane trips are here – and ...
The company was founded in 1997. It operates in more than 200 countries and territories around the world and has partnerships with over 400 airlines and 300,000 hotels. Users can search for travel deals and discounts on the website, and in the past also offered the "Name Your Own Price" feature to bid on hotel rooms and flights.
In October 2014, Great Hill Partners, a private-equity firm, invested £80m for a majority stake in the company that owned Cheapflights and momondo, valuing it at £132 million. [14] [15] In February 2015, the South African website was launched. [16] In June 2015, the United Kingdom website was launched as a metasearch engine. [17]
Running an online flightsharing [1] platform, they connect passengers and local private pilots. Private pilots are able to offer seats on their flights departing from local aerodromes. The website is part of the sharing economy. When offering a flight, the pilot shares the operational expenses with their passengers. [2] This service is often ...
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The regulations also state that the pilot and passengers must share a "common purpose" in the flight, [3] e.g. they are conducting the flight for a commonly shared external purpose (other than the flight itself). Also, the pilot must not be "holding out" (i.e. advertising) to the general public the offer to transport passengers, but only a ...
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