50 SKY SHADES - World aviation news

Stellar To Launch B2C Charter Platform at NBAA

Download: Printable PDF Date: 29 Oct 2015 18:29 (UTC) category:
Stellar To Launch B2C Charter Platform at NBAA - Business aviation publisher
Tatjana Obrazcova
Aircraft: Airplanes
Source: AIN

After a year of quiet development, Stellar Labs of Palo Alto, Calif., will launch its air charter marketplace platform and app on November 16 at the NBAA Convention in Las Vegas. Stellar aims to bring air charter the same ease of online business-to-commerce (B2C) seen in the hotel and airline industries.

Several similar efforts have faltered since the rise and demise in 2009 of Virgin Charter, but company founder Paul Touw—who co-founded B2B platform Ariba, which was sold to SAP for $4.3 billion in 2012, and foundedXOJet—told AIN that Stellar has identified and resolved all key issues. Technologically feasible or not, many industry veterans maintain that the complexity of the transactions and the sums involved deter charter customers from booking online. “I fundamentally disagree with that view,” Touw said, citing the growth in online auto sales and luxury home rentals, which initially aroused similar skepticism.

Stellar has raised about $10 million, $7 million of which came in September from venture capital firms. Startup costs are low, Touw said, because developers are foregoing large paychecks they would otherwise command in favor of equity.

Related event:
United States, Las Vegas , Las Vegas Convention Center.

6 years ago

Loading comments for Stellar To Launch B2C Charter Platform at NBAA...


Airhub Airlines obtains IOSA registration

Airhub Airlines successfully obtained globally recognized IATA Operational Safety Audit (IOSA) registration on July 20, 2022. The IATA IOSA Program is an internationally recognized and...

Archer received $10 million pre-delivery payment from United Airlines for 100 eVTOL aircraft

Archer Aviation has received a $10 million pre-delivery payment from United Airlines for 100 of the company’s initial production eVTOL aircraft. The payment represents a watershed moment for the...

Lufthansa Technik reinforces commitment to apprentice training

After one of the biggest aviation industry crises, Lufthansa Technik AG's apprentice training program this year has returned in terms of numbers to roughly where it was in 2020: 186 young peo...

Intelsat and OneWeb partnership brings multi-orbit connectivity to airlines worldwide

Leading satellite communications companies OneWeb and Intelsat have signed a global distribution partnership agreement to offer airlines a seamless inflight connectivity (IFC) solution with the best c...

The drones news