New stretch target
Our plan requires us to raise £150,000 over the next two years, every £ pledged allows the team to work on reaching the real goal of getting the Airport re-opened.
This will allow us to engage aviation experts over the summer months to validate the business plan which can go forward towards implementation.
WHAT HAPPENS IF WE EXCEED THE TARGET?
We have been asked this question a few times and our expectation is that we will exceed the target. In fact we want to exceed the target. We have to raise £150,000 over the next two years, which means we have made a good start but there is a long way to go. So every penny we raise above target moves us forward.
Our next stage of the plan is to secure some support from businesses and in coming weeks, we will be meeting with businesses headquartered in London who will benefit from our plan. We have already been talking to businesses and in the next few weeks we'll be looking to announce that a group of business leaders will match-fund our Crowdfunder campaign. Meaning, whatever we raise here will likely be doubled. So it's important we hit the target and raise as much as possible to make this whole plan come together.
FlyPlymouth is launching a 2 year plan to reopen Plymouth Airport.
FlyPlymouth has been working to develop a credible plan for the future of Plymouth City Airport. This plan will see a sustainable airport opened which connects Plymouth to the UK Capital.
FlyPlymouth is a social enterprise and so all monies received will be invested into the pre-revenue work to make the the plan to reopen the airport become a reality.
Over the next two years, FlyPlymouth needs to raise £150,000. Much of this will come from partners and local businesses, however we need some initial funds to get started.
We need to raise the first phase of funds to start to engage the experts and begin the first part of the work....Can you help?
About the project
FLYPLYMOUTH has developed a plan to reopen Plymouth airport, reintroducing aviation services and air passenger services that is stepped and incrementally profitable at each stage. We believe that this objective is deliverable in two to three years and that by working together with the City around a demonstrably credible plan supported by independent feasibility analysis Plymouth will be able to benefit from new job creation and better connectivity.
We are seeking a short operating lease on the airport, not the freehold. This will allow us to have the airport recommissioned and operational with the introduction of fixed base operators (FBOs) as well as servicing air ambulances, MOD aircraft, Search and Rescue, Police, charter aircraft, air taxis and General Aviation users. At this stage, the airport will be profitable and stable.
Once this stage is achieved, FLYPLYMOUTH will create a new base airline to serve Plymouth’s captive proven passenger base. Twice daily services will fly to destinations including London, Manchester, Glasgow, Edinburgh, Belfast and Dublin. Each of these destinations has been selected based on current passenger demand modelling and will be profitable based on conservative assumptions.
This Crowdfunder is to raise funds to engage aviation experts and professional advisors to validate the plan so that it can be put forward to stakeholders and funders, following which FlyPlymouth will implement the plan.