Investor Information
Proposition:
Major airlines
are spending between 2.5 & 3.5% of turnover on their IT systems as part of their
strategy to maximize outcomes to all stakeholders. Smaller
operators on average spend less than 0.5%. Even the more proactive small-medium airlines tend to be stuck
between under-achieving one-off software builds and expensive legacy software, which at best will only provide part of the solution. Takeflite is a new integrated
end to end Cloud Computing solution, which provides many of
the capabilities major carriers enjoy but at an affordable price. As fuel prices, competition
and regulation increase, airlines and tour operators need to
subscribe to a service like Takeflite. TF is big enough to provide economy
of scale and focused enough on its market niche to deliver value.
With Takeflite, we have invested AU$4.5M over the last 10 years creating a ground up
Cloud Computing software solution for airlines and tour operators. We presently have 30+ customers across a variety of industries in Australasia & the Pacific, hosted from Tier 1 facilities in Sydney.
The Takeflite vision extends towards the US business jet market, Asia, Europe and
the Middle East. If this vision interests you, we should talk. Note the nature of a growing online hi-tech international
SaaS Cloud Computing company is such that if you want P&L statements for the last 3 years or a quick return for limited
input, you should be looking elsewhere. This is a medium term opportunity
requiring input from individuals & companies with an outstanding and relevant track record.
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