Avatar Airlines turns to crowdfunding for start-up capital

Avatar Airlines help us

Avatar Airlines (Boca Raton, Florida), as we previously reported, is a proposed new paper airline that wants to operate high-density Boeing 747-400s on “popular domestic routes with attractive low fares”. The new airline previously reported its had submitted an application to the DOT and the FAA for operating authority as an air carrier. A core component of its business plan to offer corporate sponsors the opportunity to advertise on the exteriors of the aircraft as well as in the interiors of the aircraft.

Avatar logo (LRW)

Now according to USA Today, the proposed airline has turned to crowdfunding for capital funding in order to obtain a Part 121 AOC and start operations. The entity has a funding campaign target of $5 million.

Avatar on Facebook

Above: Avatar is offering this shirt for every $50 donated to the start-up on their Facebook page.

Read the full report: CLICK HERE

Avatar 747-400

All images by Avatar Airlines.

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2 thoughts on “Avatar Airlines turns to crowdfunding for start-up capital

  1. jonchamps

    I worked through an extensive economic analysis of their business proposal some months ago and the whole thing fails to stand up. Using 747-400’s is totally unviable based on their fares and advertising revenue programme. They resorted to crowd funding because they’ve been unable to get anyone else to invest.

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