Startup Airline Seeking Capital

Our exclusive client is seeking $15 million to connect all the islands in Cabo Verde and extend flights to neighboring West African countries.

Here are some key details:

BUSINESS MODEL: Low-Cost Carrier (LCC), point-to-point service.

TARGET MARKET: Connecting Cabo Verde with West Africa and the Diaspora community in immigrant markets. Other markets to follow.

SUMMARY: The Airline aims to provide passenger and cargo transport services, initially operating inter-island with plans to expand for international flights. The management team possesses extensive experience in the aviation sector, specializing in ultra-low-cost operations and with deep knowledge of the domestic market. The Airline is working to get the Air Operator Certificate and aims to achieve break-even in its fourth year of operations. In the initial phase, the startup will utilize a fleet of three ATR-42/72 aircraft leases.

UNIQUE SELLING POINTS: The company has established offices in Cabo Verde and the United States of America. The Board of Directors has invested over US$750,000 in overhead development expenses, market research, international investment forums, specialized training, and the initial setup of the headquarters. With a Load Factor of 65%, the business model projects 1.4 million Passengers approx. Cabo Verde is a good strategic geographical location, between Africa, Europe, and America. The country comprises 10 islands of which 9 are inhabited.

INVESTMENT NEEDED: $15 million

CAPITAL VIA: Equity / Debt

USE OF FUNDS: Capital requirements to obtain the Air Operator Certificate (AOC), hire management team, set up route network, acquire fleet, and enhance operational capabilities.

•$2.0m Hire Management team, Obtain the AOC, Aircraft leasing (Pre-Operations)
•$7.0m Working capital, Infrastructure Build-Out, Domestic Operations (Phase 1)
•$6.0m Expand Domestic Operations, Working Capital (Phase 2)

•INVESTMENT OFFER:
•Shares in TransVerde Airlines: Your investment will be converted into shares and direct
ownership of the airline.
•Profit Sharing: As a shareholder, you will receive a portion of the profits if TransVerde
Airlines distributes dividends.
•Participation in Company Decisions: You will be invited to participate in company
meetings and have voting rights.

•Exclusive Benefits: Investors and their immediate families will receive discounted fares and priority access to flights. Priority access ensures early flight information, facilitating advanced travel planning, and providing preferential wait-list consideration for available seats on fully booked flights.

•DOCUMENTS AVAILABLE: Investor Presentation, Investor Prospectus, and confidential documents after signing an NDA.