OpenJet, a New York, Paris and Luxembourg-based startup, has developed a unique Enterprise Resource Planning (ERP) solution for charter operators which allows them to calculate availability and pricing on flights in real-time, thus reducing empty-leg flights. The new service gives travel agencies and consumers alike direct access to private aviation. This helps them find cheaper routes, faster and to book jets directly online.
OpenJet connects the supply and demand under a single end-to-end platform, speeding up the entire booking process. Direct inquiries to operators or brokers are not necessary anymore. The solution offers travelers, who already fly privately, a smarter way to find and book flights. Additionally, it provides busy travelers who fly more poorly connected commercial routes easier with access to private aviation in a simple and cost-effective way.
Each charter flight combines a distinctive set of dynamic variables – aircraft type, positioning, performance, crew qualification, flight-time limitations and runway requirements. OpenJet’s cloud-based ERP collects, stores, and manages all this data in real-time. OpenJet charges a 7.5% fee on all transactions and is already being used by leading jet operators in France, Germany, Switzerland, the UK, Belgium, and the United States.
Shawn S. Sullivan, the CEO of OpenJet, explains: “Our team of Ph.D. mathematicians has built an optimization engine using highly scalable algorithms to find the best matching aircraft and crew for any given query. We check thousands of parameters to provide results that guarantee availability and a firm price on any given aircraft. This means we can provide customers with the best offers and operators with an effortless boost in profitability.”
The company was founded in December 2014. The Executive Team consists of CEO Shawn S. Sullivan (former FlightAware COO and Wall Street banker) and COO Raphael Vullierme (formerly Rocket Internet). OpenJet recently completed a seed funding with a total amount of €3 million from SGH Capital and European business angel investors.
Starting today, the platform will be available throughout Europe. The startup’s plan is to expand business activities to the US market in June. The platform will also integrate helicopter flights in the future. OpenJet is accessible via OpenJet.com as well as through an exclusive partnership with Amadeus, the leading Global Distribution System (GDS) for travel service providers and agencies.