For phase 1 of our launch, we will commence with Jetstream 31 aircraft along with ATR72-500 turboprop aircraft.
The ATR represents the cheapest option for our proposed routes and strategy in terms of operation and lease rates; up to 20% cheaper than other turboprop aircraft in the same category and 50% cheaper than the jet aircraft in the same category.
This cost-effectiveness will allow us to spend the savings on other important things such as marketing and passing the savings to our customers.
These aircraft are also amongst the most reliable aircraft in their category.
We are in a very good position and are negotiating with a number of airports to get deals that favour Firnas Airways including Route Exclusivity. Routes we are actively considering include: London (Homebase will be a regional secondary airport) to Edinburgh, Waterford, Belfast, Jersey, Rotterdam, Antwerp, Isle of Man, Amsterdam, Cologne.
We plan to expand to 8 routes during the initial 2 year period.
None of the above routes are currently being served despite their being demand. We are also continuing to assess the viability of other domestic and short-haul routes to finalise the routes be introduced during the initial stages of our growth.
For our expansion into long-haul operations, we will lease wide-body jets such as the Boeing 767 or Airbus A330 aircraft.
The initial routes which we plan to phase in during years 3-5 will be:
New York, USA
The above routes were identified as being underserved, all with great potential for direct services. New York and Delhi were selected as they are currently growing in market size by approximately 10% every year and can, therefore, sustain further airlines, especially with our service proposition.