Air Flo Airlines (Miami International) has secured seed funding and retained a “major aviation-focused investment bank” for “the big raise” as it plans to launch scheduled services with a fleet of A220s, Founder Ed Wegel said.
The start-up is backed by AVi8 Air Capital, Wegel’s investment firm where he is the managing director. It has drawn up a business plan and will be overseeing Air Flo’s certification while Tailwinds Aviation, a lessor led by former Avi8 Air Capital and AWAS executive Ray…
Source: ch aviation
Read more: US's Air Flo Airlines revives launch plans albeit with A220s