PR91469

SINGAPORE, Sept. 6, 2021 /PRNewswire=KYODO JBN/ --

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