Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Monday, September 06 2021 - 10:35
AsiaNet
Yugo Revenues Surge Year-on-Year from Increase of Demand of Private Flight
SINGAPORE, Sept. 6, 2021 /PRNewswire-AsiaNet/ --

Yugo private aviation company has recorded a surge in its revenues achieved by 
an adapted response to the increased demand for private charter flights in 
Europe and Asia. During the first 6 months of 2021, the company's turnover has 
grown by more than 200% versus 2020.

The aviation company operating regionally within Southeast Asia, including 
Singapore, Malaysia, Philippines and Cambodia, has registered a surge in 
flights requests from several parts of Asia as well as from Europe, for 
bookings of special flights for VIP customers for business or leisure, cargo 
flights, medical and of last mile air mobility transfers in urban settings. 

Yugo has developed a technology enabling customers to be able within few 
clicks, based on their preferences, to request and search flights of private 
jets and helicopters from a curated inventory of available flights and routes, 
which are growing each month. 

Amid severe restrictions due to the COVID-19 Delta Variant, the company has 
missed a lot of the opportunities, which came up this year.

According to Jim Baldy, CEO of Yugo: "Our mission is to provide the possibility 
for our customers to fly private anywhere, anytime, by helicopters or private 
jets." He adds: "Today, the challenge for our team consists in the variety of 
the requests we receive, which span from light jets to long-range across our 
top 30 destinations."

To best answer the requirements of the growing number of customers, the team at 
Yugo has built a fleet and network of more than 350 aircrafts it has access to. 
Among the aircrafts available for charter, Yugo has selected the most 
sought-after brands, including from the aviation industry's best aircrafts 
manufacturers such as Gulfstream, Dassault Falcon Jets, Bombardier, Cessna 
Textron Aviation and Embraer private jets as well as Bell, Airbus, Leonardo or 
Robinson helicopters. The aircrafts thoroughly selected for the safety and 
privacy of passengers.

The Asian region is still very much impacted by the Delta Variant wave, which 
has peaked in several countries in Southeast Asia. The market recovery is 
uncertain at the moment and will take quite some time to pick up. Nevertheless, 
Yugo's team is putting a lot of efforts in continuing to provide the best 
services to customers with needs to fly private within Asia Pacific as well as 
to other part of the world.

About Yugo

Yugo Global Industries Pte Ltd is a private aviation company that focuses on 
providing private flights by helicopters and business jets at optimized costs 
anywhere, anytime. Yugo's flight services are powered by its air mobility 
platform and its global network throughout Asia Pacific. 

www.yugoplus.com | Facebook (https://www.facebook.com/yugoglobal) | LinkedIn 
(https://www.linkedin.com/company/yugoplus/)

SOURCE: Yugo
Translations

Japanese