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Flügy and Soho House Partner to Launch Caribbean Weekend Experience

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Rhea-AI Sentiment
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partnership
Rhea-AI Summary

Flügy, a subsidiary of Global Crossing Airlines Group (JETMF), is launching an innovative air travel service in partnership with Soho House. This service offers nonstop flights to hard-to-reach destinations, starting with Canouan in St. Vincent and the Grenadines. Flügy allows members to schedule their flights directly, providing a seamless travel experience. The first trip will occur from January 14-17, 2022, using a GlobalX Airbus A320. The partnership aims to enhance travel for Soho House members, bypassing the need for multiple connections and promoting exclusive travel experiences.

Positive
  • Partnership with Soho House enhances exclusive travel offerings.
  • First nonstop flights to Canouan highlight innovative service.
  • Technology allows members to schedule flights based on demand.
Negative
  • Reliance on forward-looking statements introduces operational risks.
  • Potential challenges with financing, aircraft availability, and regulatory approvals.

MIAMI, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Flügy, A Very, Very Direct Travel Company, and subsidiary of Global Crossing Airlines Group Inc. (JET: TSX-V; JET.B: TSX-V; JETMF: OTCQB (the “Company” or “GlobalX”) will partner with Soho House to launch its innovative air travel service which offers nonstop flights to hard to get to destinations. First stop – Canouan.

A Caribbean paradise in St. Vincent and the Grenadines that’s as hard to pronounce as it is to travel to, Canouan is next up as the “it” destination. Thanks to this partnership between Flügy and Soho House, a group of Miamians will skip multiple flight connections and ferries and fly direct to the new Soho Beach House in Canouan for a weekend trip any aspiring jet-setter would revere.

Flügy puts the power to schedule flights in the hands of its members to provide a more predictable and exclusive flight experience. When you fly with Flügy, you arrive quickly at your final destination with ease. No fussin’. No cussin’. That’s because Flügy flights don’t have layovers–just direct, nonstop trips to incredible destinations where the commercial guys can only dream of going.

Wait, this sounds an awful lot like chartering a large private aircraft. That's because it is, but with a simple twist. Flügy is based on proprietary patent-pending technology designed to bring like-minded travelers together to bypass the need to fly where and when the commercial airlines say you can. Flügy flips the airline travel dynamic on its head and allows its members to suggest trips or vote for and book curated trips as often as there is demand to do so.

For the Weekender, Soho House members will book direct travel to Soho Beach House Canouan–its newest destination located in St. Vincent and the Grenadines. Typically accessible only by multiple connections and ferry transportation, Flügy will fly Soho members direct to Canouan on a GlobalX Airbus A320 aircraft equipped with the latest technology and WiFi.

The Soho House and Flügy Weekender this coming January 14-17, 2022 will host a full calendar of private events and entertainment.

“We are ecstatic to be partnering with Soho House on our first Flügy charter to the beautiful island of Canouan in the Grenadines and the great new Beach House opened there by Soho House. Flügy will be the new way to book group travel, and we are honored the first flight will be with Soho House,” said Ed Wegel, Chair and CEO of GlobalX

Soho House is always looking for ways to make our membership better. We’re excited that this partnership with Flügy will offer our members a more direct and seamless travel experience to visit Soho Beach House in Canouan,” said Pierre Antonine Dourneau, Managing Director, North America

About Flügy

Flügy is a travel company whose members connect on its proprietary digital platform to suggest remote and exotic travel destinations and crowdsource group charter flights to these once in a lifetime destinations. Flügy provides charter flights without the challenges of layovers or prohibitive airline schedules, all while traveling with a like-minded group of adventurers. As a subsidiary of GlobalX, Flügy has access to its growing fleet of Airbus A320 family aircraft. The combination of technology and experience ensures Flügy members a seamless charter experience combined with the flexibility to easily access previously difficult flight markets. Flügy is currently accepting new members and beginning to crowdsource its initial member destination preferences and requests.

About Soho House
Founded in 1995 by Nick Jones, Soho House is a place for our diverse membership to connect, grow, have fun, and make an impact. Today, there are members and Houses around the world, as well as restaurants, spas, workspaces, and cinemas. Soho House is a platform that fosters creativity in all its forms; a place where people can share ideas and make connections in physical and digital spaces. sohohouse.com

For more information, please contact:

Mark Salvador
mark.salvador@globalxair.com
786.751.8510

Or

Soho House Contact
Jakob Hesketh
jakob.hesketh@sohohouse.com
646.468.1425

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" concerning anticipated developments and events that may occur in the future. Forward-looking information contained in this news release includes, but is not limited to, statements with respect to the Company’s intention to fly as an ACMI and wet lease charter airline, the Company’s aircraft fleet size, the destinations that the Company and Flügy intend to service, Flügy’s business plan and future prospects.

In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or " or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur", "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things, the receipt of financing to continue airline operations, the accuracy, reliability and success of GlobalX’s business model; the timely receipt of governmental approvals; the success of airline operations of GlobalX; the legislative and regulatory environments of the jurisdictions where GlobalX will carry on business or have operations; the Company has or will have sufficient aircraft to provide the service; the impact of competition and the competitive response to GlobalX’s business strategy; and the availability of aircraft. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks related to, the ability to obtain financing at acceptable terms, the impact of general economic conditions, risks related to supply chain disruptions, failure to retain or obtain sufficient aircraft, domestic and international airline industry conditions, passenger demand being less than anticipated, the impact of the global uncertainty created by COVID-19, future relations with shareholders, volatility of fuel prices, increases in operating costs, terrorism, pandemics, natural disasters, currency fluctuations, interest rates, risks specific to the airline industry, the ability of management to implement GlobalX’s operational strategy, the ability to attract qualified management and staff, labour disputes, regulatory risks, including risks relating to the acquisition of the necessary licenses and permits; and the additional risks identified in the "Risk Factors" section of the Company's reports and filings with applicable Canadian securities regulators. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update any forward-looking information.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.


FAQ

What is Flügy's new travel service with Soho House?

Flügy's new travel service offers nonstop flights to exclusive destinations, starting with Canouan.

When will the first Flügy flight to Canouan take place?

The first flight to Canouan is scheduled for January 14-17, 2022.

How does Flügy's service differ from traditional airlines?

Flügy allows members to suggest and schedule direct flights, avoiding layovers.

What aircraft will be used for Flügy's flights?

Flügy will use a GlobalX Airbus A320 equipped with modern technology.

What are the potential risks mentioned in the Flügy press release?

Risks include challenges in financing, aircraft availability, and regulatory approvals.

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