FlyHouse plans to raise as much as $300 million in a current offering, according to backer Benevolent Capital.
In an email to potential investors, the private capital firm claims, “The $30 billion plus private aviation market is broken.”
In an investor presentation, Benevolent Capital says the 2021 private jet start-up is projecting $420 million in revenue in 2026.
Revenues are expected to more than double to over $900 million in 2027.
FlyHouse expects to grow to $2.64 billion by 2030.
It is also forecasting a net margin of 30%.
The company touts “Q1 2026 path to profitability.”
‘The way to think about FlyHouse is that for the consumer, it is Uber for private jets (download the app and charter a private jet) and for the plane owner, it is aAirBnB for private jets…
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Source privatejetcardcomparisons.com
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