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LOI signed with Flapper to Advance Express Air Cargo

September 21, 2022

Brazil/Switzerland – (September 21, 2022) – Destinus SA, a European aerospace company developing high-speed hydrogen-powered aeroplanes, signed a letter of intent with Flapper, the leading on-demand air charter platform headquartered in Brazil. The LOI represents a commitment from both companies towards intercontinental plans to open up future routes for express air cargo in Latin America and Europe.

Through this agreement, the two companies will collaborate on a shared mission to connect the world efficiently and sustainably. At speeds more than five times as fast as today’s fastest commercial aeroplanes, Destinus will open up new possibilities for transporting valuable and critical goods. Furthermore, these aeroplanes will fly on hydrogen that releases zero carbon emissions into the air during flight. The cargo segment accounts for about 30% of Flapper’s business, with international transport of goods such as emergency spare parts, medical equipment, banking services, high-income products, mining products, and diplomatic articles.

“Latin America is a key market to us,” said Mikhail Kokorich, CEO of Destinus. “This partnership with Flapper will help us gain direct insight on the express cargo market and to explore new route options across the Atlantic Ocean.”

Paul Malicki, CEO at Flapper, says: “In an emergency, seconds count. The supply chain disruption caused by the pandemic permanently placed aviation at the forefront of specialized cargo operations. By using Destinus’ hydrogen-powered aircraft we intend to shorten the delivery times for existing long-range cargo missions to a fraction of what it is today.”

Today Flapper boasts a pan-American presence with offices in Florida (US), Argentina, Brazil, Chile, Colombia and Mexico. Its high-value cargo services focus on five segments: banking, HNWIs, mining, diplomacy and international organizations and special freights.

About Flapper

Launched in 2016, Flapper is a leading on-demand private aviation company with global operations. Headquartered in Belo Horizonte, Brazil, and with local offices in key cities in North and South America, the company commercialized scheduled flights in Brazil and boasts more than 1100 safety-vetted charter aircraft on its air charter marketplace platform. Flapper reports more than 310,000 users of its mobile app and is both ARGUS- and Wyvern-certified.

Read one of the press releases here.