50% off London City Landing Fees in June

At Blink we realise time is money.  Unfortunately up to now, access to London City Airport and the doorstep of London’s Business District has attracted quite a steep price premium.

That’s why we’ve teamed up with London City Airport Jet Centre to offer Blink passengers a 50% discount on landing and handling fees for any flight taking place in June.

This results in a saving of over £1,000 at peak times, and £600 at off-peak times compared to our normal London City fares.

So what are you waiting for? Book your flight into London City and get straight to business.

Notes:

• This offer amounts to 50% off Landing and Handling fees, a saving of £1,000 over a peak movement, and £600 on an off-peak movement
• This offer is only valid for flights taking place from 1st June to 30th June 2013 inclusive
• 50% discount applies to only the landing & handling fees, and not to the entire flight cost
• Offer is subject to availability of aircraft and crew at the time of booking

Please contact Blink Flight Services to book or learn more about this special offer. Online: Complete this form Phone: +44 (0)20 7199 1400 or +41 (0)22 592 75 77 Email: blink@flyblink.com

Beginning of consolidation in the European air taxi market

Blink, Europe’s first air taxi service, today announces the acquisition of Italian air taxi operator MyJet. The acquisition adds three Cessna Citation Mustangs to its fleet, bringing the total to nine, to 30% of the air taxi market. In addition, it provides Blink with an enhanced maintenance capability in the north of Italy to work in conjunction with its existing best‐inclass operations at Blackbushe Airport in the UK.

The acquisition of MyJet demonstrates that Blink is leading the European air taxi industry in consolidating operations across the key business aviation hubs of London, Paris, Nice, Geneva and now northern Italy, including Milan. It increases Blink’s capacity and will allow even more efficient operations of the market leading air taxi service. Initially, the MyJet aircraft will continue to operate under the existing livery before gradually being brought under the Blink brand.

Blink launched in 2008, having successfully completed a $30 million round of equity funding with European investors and has since flown over 17,000 passengers over 4.5 million miles. Blink’s fleet of Mustangs have stood up to the requirements of air taxi operations exceptionally well with fleet utilisation averaging over 600 hours per aircraft per year.

In addition, Blink has bought Blackbushe Airport. This will allow Blink to deliver security of tenure, regulation of costs and even better customer experience. Blink plans to invest in Blackbushe Airport to create some of the finest executive and private aviation facilities in the UK. The transaction also brings a sense of control and security to Blink ‐ in an industry where operators and customers are often at the mercy of high aircraft parking charges and landing fees.

Individuals in Europe can arrange a Blink flight as easily as ordering a cab to travel to the over 800 airports in the Blink destination network. The service allows passengers to travel direct to more convenient airports and other locations not currently serviced by scheduled flights. In the coming months Blink will also launch technology upgrades that will deliver the private aviation holy grail of real‐time pricing and availability.

Cameron Ogden, managing director and co‐founder commented: “The acquisition of MyJet and the purchase of Blackbushe Airport are further validation of what we set out to achieve with Blink in 2008. This is a demonstration that the European air taxi industry has come of age and that the much talked about period of consolidation has started. In MyJet we have a wholly complementary business that shares our passion for true air taxi operations, a best in class maintenance operation and the reliability of management and corporate organisation.

Blackbushe Airport has been Blink’s home for the last four years and has allowed us to offer an exceptional private aviation experience without the unnecessary costs of some airports. In buying the airport we have secured the opportunity to consolidate our operations and the room to expand.

Both moves continue to support our position as Europe’s first air taxi service and our aim to deliver an exceptional private aviation product at a lower cost than has been possible to date.”

Fabrizio Bertacchi, MyJet/STC Aviation founder, added: “Becoming a part of Blink’s strong team is testament to the power of consolidation. By selecting a brand of such high calibre, we are confident that we have found a partnership of mutual reward.”

Cameron Ogden is at EBACE and available for interview. Further images are available on request.

Contact:

Tom Nutt/Jennifer Ball
The Communication Group plc
T: 020 7630 1411
tnutt@thecommunicationgroup.co.uk
jball@thecommunicationgroup.co.uk

The new group with an enterprise value of €45m will soon launch a revolutionary online offer

[PARIS & LONDON – 27 September 2016] Blink today announces that it is combining with Wijet to create the world’s largest air taxi company, with an enterprise value of €45m. The transaction will see the respective fleets being brought together into the same company and based all across Europe. With the scale that fifteen Cessna Mustang very light jets provides, the true efficiencies of the air taxi service can be realised.

Blink will join Wijet on the innovative real-time booking platform OpenJet. This will allow the newly created group to offer customers a new level of flight optimization and an even more compelling price.

The transaction sees a new company, Wijet Group, being established as a holding company for Blink UK and Wijet France. The company will have joint CEOs, Corentin Denoeud and Cameron Ogden, and combined revenues in 2016 of €18m and are predicted to be €28m in 2017 with 11,000 flights and 16,000 passengers.

Since formation in 2008 and 2009 respectively, Blink and Wijet have pioneered the European air taxi service with operations in London, Paris and northern Italy. By combining the two companies the joint customer base will provide strong demand across western Europe. In addition, Blink’s established maintenance and operations capability will remain in the UK and Italy while Wijet will continue to service their client base from Paris along with key head office functions.

The foundation of Wijet Group marks a further milestone in the evolution of the air taxi industry with significant consolidation viewed by both companies as the route to the efficiencies that will lead to sustainable and disruptive pricing in private aviation. The scale will also provide corporate customers with the comprehensive coverage required to efficiently move executives around western Europe – the founding objective of both companies.

Further to the fleet efficiencies, OpenJet brings the holy grail of real-time pricing in private aviation closer. Blink has offered online flight booking since 2010 and OpenJet will take the combined operations to the next level with customers requesting, confirming and paying for flights in seconds.

Initially, the aircraft will continue to operate under the Blink and Wijet colours before gradually merging under a unique brand.

Corentin Denoeud, co-CEO of Wijet Group said,

“This transaction sends a clear message to the air taxi industry. We now have the largest fleet of Mustangs and a customer base across western Europe that will be far better served by the new consolidated company. Cameron and I will be working closely together to integrate the two companies and give our enlarged customer base the best experience possible. A new innovative offer based on real-time pricing will soon allow our customers to completely change their perception of business aviation. ”

Cameron Ogden, co-CEO of Wijet Group added,

“Bringing Blink’s world-class operations expertise, well-developed UK, Swiss and Italian customer bases with Wijet’s French and Benelux customer base and fundraising acumen together will show the real power of the air taxi concept.”

“Wijet Group is now well positioned to increase the scale and breadth of its air taxi service throughout Europe.”.