Carlos H. Fernandez Mazzi
La Paz (BOL)
Role(s):
AVE
Find More Startups
Startup
Location:
La Paz
Industry:
Transportation
Year Founded:
2006
Number Employees:
INVALID
Description:
AVE is an upstart regional airline founded as a Low Cost Carrier based on a state of the art web-based paperless reservation/collection/accounting system. 30,000+ manhours invested to date.
AVE is uniquely positioned in a growing but disrupted market: the main carrier LAB went bankrupt leaving behind a 65% marketshare to the only other operator. The market is growing and as an LCC the market potential is even greater.
AVE is advanced in its licencing, business plan, manpower, brands and legal structure. Its unique business plan was approved by the aircraft suppliers BAE Systems.
The plan call for penetrating the local market with two BAE 146 200 aircraft and grow with internally generated funding.
With only 15% market share as the only competitor, AVE can be a 30%+ ROI venture.
Th