Investment Opportunity: TransVerde Airlines Seeks $15 Million for Strategic Expansion in Cabo Verde and West Africa

TransVerde Airlines, an aviation startup, is seeking a $15 million investment to revolutionise air travel across the islands of Cabo Verde and extend its services to neighbouring West African countries. With a strong management team specialising in ultra-low-cost operations, the airline is poised to fill a critical gap in the region's transportation network.

About TransVerde Airlines

TransVerde Airlines aims to offer both passenger and cargo transport services, initially focusing on inter-island connectivity within Cabo Verde. The airline plans to expand its operations to include international flights to nearby West African nations. The leadership team brings extensive experience in the aviation industry, with a deep understanding of the local market and a commitment to delivering cost-effective solutions.

The company is currently in the process of securing its Air Operator Certificate (AOC), a crucial step towards launching operations. The airline is targeting to reach break-even by its fourth year, leveraging a fleet of three leased ATR-42/72 aircraft during its initial phase.

Investment Opportunity

To bring this vision to life, TransVerde Airlines is seeking $15 million through a combination of equity and debt financing. The funds will be allocated to key areas critical for the airline's launch and subsequent growth phases:

1. Pre-Operations ($2.0 million):

·       Hiring a skilled management team

·       Securing the Air Operator Certificate (AOC)

·       Leasing aircraft to commence operations

2. Phase 1: Domestic Operations ($7.0 million):

·       Building out the necessary infrastructure to support operations

·       Establishing a robust route network across the Cabo Verde islands

·       Working capital to ensure smooth domestic operations

3. Phase 2: Expansion ($6.0 million):

·       Scaling up domestic operations

·       Expanding to include international flights to neighboring West African countries

·       Additional working capital to support this growth phase

Strategic Importance

Cabo Verde’s geographic positioning makes it an ideal hub for connecting islands and neighboring countries. TransVerde Airlines’ entry into this market will not only enhance connectivity within Cabo Verde but also boost economic ties with West Africa. The airline’s ultra-low-cost model is expected to make air travel more accessible, driving both passenger growth and cargo transportation.

Conclusion

TransVerde Airlines presents a compelling investment opportunity for those looking to enter the aviation sector in an under-served region with significant growth potential. With a clear plan for scaling operations and a management team with proven expertise, the airline is well-positioned to achieve its strategic goals. Investors who join TransVerde Airlines at this stage will play a pivotal role in shaping the future of air travel in Cabo Verde and beyond.

For more details, please contact our experts, Mr. Paul Osorio at paul@brookfieldav.com and Mr. Felipe Cabezas at felipe@brookfieldav.com who are in charge of the project and are ready to assist you with your needs.