Latest news with #VisionJet
Yahoo
6 days ago
- Business
- Yahoo
Creatd's Flyte AI-Driven Platform Advances New Empty Legs Offering
Accessible Private Travel: Flyte's new Empty Legs offering provides discounts of up to 90% on repositioning flights, expanding access to business-jet service. Per-Seat Roadmap: Empty Leg demand data will inform the rollout of scheduled, ticketed Vision Jet shuttles. Strategic Partnerships: Agreements with select operator fleets expand capacity while preserving asset-light economics. NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Creatd, Inc. (OTC: CRTD) today announced that its aviation subsidiary, Flyte, has introduced Empty Legs, a pre-scheduled one-way offering that monetizes aircraft repositioning while materially lowering the consumer's cost of private and regional air travel. The initiative is designed to generate incremental, high-margin revenue. Flyte's Empty Leg itineraries are released at up to 90% below traditional charter rates, creating an on-ramp for first-time private flyers and cost-conscious corporate travelers. Because these flights would otherwise operate empty, variable costs remain minimal, allowing Flyte to convert an unavoidable expense into a meaningful profit stream and real-time market laboratory. 'Flyte's Empty Legs is a discounted flight program that doubles as a data engine guiding our move to scheduled, ticket-based service,' said Jeremy Frommer, CEO of Creatd, Inc. 'Each booking gives us real-world demand insights, letting us launch future Vision Jet routes with proven interest and strong unit economics.' To accelerate market penetration, Flyte is aligning with a curated group of Part 135 operators whose repositioning inventory now populates the Flyte digital platform, instantly broadening route coverage without incremental fleet capital. Insights from load factors, booking velocity, and origin-destination pairs will guide the rollout of dedicated Vision Jet shuttles on underserved Northeast city pairs. 'The Vision Jet's low operating cost and short-field performance make it ideal for high-frequency regional service,' added Marc Sellouk, Founder of Flyte. 'Paired with our operator network, we can scale capacity rapidly while keeping balance-sheet leverage low, a proposition we believe will resonate with both travelers and investors.' All Empty Leg passengers enjoy private-terminal access, expedited boarding, and the same cabin amenities provided on full-fare charters. Inventory is searchable in real time via Flyte's web app and is distributed through select broker channels to maximize seat absorption and data capture. Looking ahead, Flyte will leverage operational data from the Empty Legs program to refine pricing algorithms, deepen operator partnerships, and accelerate the launch of scheduled Vision Jet shuttles, advancing its mission to make regional private aviation as predictable, affordable, and scalable as any modern transportation network. About Creatd, Inc. Creatd, Inc. focuses on investments and operations across technology, media, aviation, advertising, and consumer sectors. By leveraging its expertise in structured finance and acquisitions, Creatd identifies and nurtures opportunities within small-cap companies, driving growth and innovation across its diverse portfolio. About Flyte, Inc. Flyte is an air mobility company redefining private air travel through AI-powered infrastructure and user-centered design. Flyte operates Flyte Hops, a regional air taxi service, as well as Flyte Luxe, a premium global charter service. For investor inquiries, contact:ir@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hamilton Spectator
18-07-2025
- Automotive
- Hamilton Spectator
Up in the air and behind the scenes of Niagara 5000
Strapped into a Cirrus SR22T, The Lake Report lifted off from Niagara District Airport yesterday to get a preview of the luxury experience coming to Niagara-on-the-Lake this August. The smooth ride offered a striking aerial view of the town's vineyards, waterways and the airport's 5,000-foot runway that gave Niagara 5000 its name. Dubbed as North America's most exclusive automotive and aviation showcase, Niagara 5000 touches down Aug. 7 to 9 with supercars, test drives, personal aviation showcases and luxury-focused activities. McMaster Children's Hospital is this year's primary charitable partner. The airport will shut down on Saturday, Aug. 9 and transform into what event founder Alana Hurov describes as an 'epic party.' 'It's the star of the show, really,' she said. Blending showcases of personal aviation and supercars with sips of Niagara's top wine, 'The Hangar Experience' will run from 1 to 5 p.m. inside a private airport hangar, with a private party in the terminal. Personal aviation company Cirrus Aircraft — the event's personal aviation sponsor — will offer a showcase of its SR Series and Vision Jet. Ryan Isaac, regional sales director for Canada, will be on site with the Cirrus team. Tickets for the airport experience are $350 per person and guests must be 19 or older. Some sponsors will be offered demo rides and others may request one, though spots are limited. 'It's kind of cool to bring Niagara-on-the-Lake and the specialty that it has — in terms of the hotel business and the tourism business and the wineries — and then bringing the lifestyle of the high-end cars, planes and travel,' said Isaac. 'Just a neat kind of exposure.' Hurov initially advertised the jet showcase without a specific aviation partner in mind, until Cirrus reached out and the partnership quickly took flight. Isaac said supercars and private jets are a natural pairing, with similar target audiences. In a town like NOTL, he said, the appeal of personal aviation is all about lifestyle. 'If (NOTL) is your home, you've got a great airport here,' he said. 'You've got all of the facilities, like a modern terminal.' Cirrus specializes in personal aviation designed for individual or family travel and small business use. The company offers flight training through its Cirrus Approach program. 'You can have your own plane,' said Isaac. 'Something that opens up a completely different lifestyle.' 'You can explore and go places on your own.' Once turned into an upscale lounge, the hangar will be filled with the sounds of live music and entertainment, food and wine pairings from local wineries, breweries and restaurants, and displays of rare hypercars and supercars, with information sessions. Amongst a cigar lounge and other offerings and lounges at the airport, guests can take part in boutique shopping, view floral displays by top Niagara designers and participate in a golf activation with Peninsula Lakes Golf Club. A golf cart will take guests from the terminal to the hangar and free shuttle service will run from Hilton and Embassy Suites in Niagara Falls. One shuttle will depart from 124 on Queen. Black car service is also available for a fee through Coventry. Thursday, Aug. 7 will feature a welcome reception at Margaritaville Cafe in Niagara Falls, a kick-off party at STK Steakhouse, and a lit-up Niagara Falls in Rolls-Royce purple. The next day will be packed with a supercar and kids festival in support of MacKids, the Hagerty supercar parade and cruise, a 'wine and wheels' day-long tour option, and a Casino Royale gala at Fallsview Casino. The party continues at the Hilton, the event's official after-party destination, all three nights at 9 p.m. 'Essentially, we're taking over the whole region,' said Hurov. Event details, including times, ticket prices and package information, are available at . For aviation-related inquiries, contact Isaac at risaac@ . paigeseburn@ Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
Business Wire
26-06-2025
- Automotive
- Business Wire
Cirrus Invests $13M to Expand Grand Forks Manufacturing Facility
GRAND FORKS, N.D.--(BUSINESS WIRE)--Cirrus, Cirrus Aircraft Limited (2507:HK), today announced the expansion of its Grand Forks manufacturing facility during a groundbreaking event. Cirrus will invest $13 million to add 30,000 square feet to the current 165,000 square foot manufacturing facility. The expansion will support Cirrus aircraft manufacturing the best-selling single-engine piston aircraft, the SR Series and the best-selling jet, the Vision Jet, with additional equipment, storage, technical tools, as well as new jobs expected to be added over the next five years. 'We have worked closely with the Grand Forks legislature and community to invest in the growth and expansion of a facility that not only supports manufacturing the best-selling single-engine piston aircraft and best-selling jet—right here in Grand Forks,' said Zean Nielsen, Chief Executive Officer of Cirrus. 'Cirrus is deeply committed to safety, innovation, quality and contributing to the long-term economic vitality of the region.' Cirrus invites more people to experience personal aviation through safety, innovation and quality. The SR Series and Vision Jet are embedded with advanced systems, including the Cirrus Airframe Parachute System® (CAPS®) and Safe Return™ Emergency Autoland as standard equipment. The company offers a total safety solution from Cirrus Approach Flight Training to its worldwide Authorized Network of Flight Training and Service Centers. To date, Cirrus has delivered over 11,000 aircraft, and the total fleet has surpassed 18M flight hours. The Cirrus Grand Forks expansion is expected to be completed in the second quarter of 2026. To learn more about Cirrus, please visit About Cirrus Cirrus is the recognized global leader in personal aviation and the maker of the best-selling SR Series piston aircraft and the Vision Jet®, the world's first single-engine Personal Jet™, and the recipient of the Robert J. Collier Trophy. Founded in 1984, the company has redefined aviation performance, comfort and safety with innovations like the Cirrus Airframe Parachute System® (CAPS®) – the first FAA-certified whole-airframe parachute safety system included as standard equipment on an aircraft. To date, worldwide flight time on Cirrus aircraft is 18 million hours, and 270 people have returned home safely to their families as a result of the inclusion of CAPS as a standard feature on all Cirrus aircraft. The company has seven locations in the United States, including Duluth, Minnesota; Grand Forks, North Dakota; Greater Dallas, Texas; Greater Phoenix, Arizona; and Greater Orlando, Florida; Knoxville, Tennessee and Benton Harbor, Michigan. Learn more at
CNN
06-05-2025
- Business
- CNN
Is this the future of flying? An FAA-certified airplane that can land on its own
Hagerstown, Maryland CNN — While passenger anxieties may be experiencing an uptick, one new design aboard a small aircraft is attempting to change the future of flying when it comes to safety. And it comes with just the push of one button. Aircraft manufacturer Cirrus is launching the first Federal Aviation Administration-approved autonomous safety system in a single-engine piston airplane. It's called, 'Safe Return,' and it is a shiny red button in the plane maker's SR Series G7+. Cirrus first certified Safe Return in its larger and more expensive Vision Jet in August 2020. CNN got a first-hand look at the Cirrus technology and how the planes are able to land themselves. How can a plane land on its own? The way it works is simple. Takeoff is the same – passengers feel the roar of the engine as the plane is maneuvered by the pilot to the runway swiftly and cautiously. In the air, it has features just like a regular plane. But, say there was a problem with the pilot. Now, Safe Return can step in. It comes in the form of a red button that sits overhead, closest to the passengers in the back. One press of the button, and the plane will route itself to the closest and most available runway. It entirely takes control of the airplane. 'The first thing it does is it makes a decision,' said Ben Kowalski, senior vice president of sales and marketing at Cirrus Aircraft, in an interview with CNN. 'There's an algorithm that decides: 'Where should we go? What it's doing is it's making a choice, almost just like a pilot would.' There's a 10-second grace window, should the emergency button be hit on accident, when the pilot is able to disconnect it. The aircraft's integrated flight decks have everything it needs to make the landing: it'll interpret the fuel state, weather, wind and more. Air traffic controllers will also be alerted that the aircraft is having an emergency, and passengers are also able to communicate with controllers, should they need to. Ivy McIver is the executive director of the SR Series product line at Cirrus Aircraft. She also is a pilot and flew the Cirrus plane demonstrated for CNN. 'The first time I did (an activation of Safe Return), it was sort of one of those things where on one side it was hard to give up control, but on the other side I felt so confident in the system because I had been part of the certification process and part of the flight testing that it really was just to watch the magic of engineering at work,' McIver said. It all comes together when the plane touches down, right in the center of the runway, and comes to a stop with no one touching the controls. Where might a Cirrus plane be used? Cirrus, founded in 1984, calls itself a leader in 'personal aviation.' 'We believe aviation makes the world better,' Kowalski said. 'We're biased, rightfully so, because we build airplanes, but we see the people that are buying and using our airplanes…, the vast majority put them into service for their business, to grow their business.' While some may utilize a Cirrus plane for their own personal use, mostly, the company's customers are business owners that can make use of the plane to lessen costs elsewhere. They aren't the typical 'aviation geek' type. 'The vast majority of people who are buying Cirruses in our space, they're not professional pilots,' he said. 'They're flying a couple times a week, maybe, so we're constantly creating a flight deck and a user interface, things that make it easier and safer and simpler to fly.' The company created its own Cirrus Airframe Parachute System – the first FAA-certified whole-airframe parachute safety system included as standard equipment on its planes. It allows the entire aircraft to float to the ground in case of emergency. The future for Cirrus is simple: introduce more people to the world of aviation and make them feel comfortable with it. 'What we've actually done is take an airframe powered by a power plant that's not digitally controlled or not controlled by a computer, an airframe that is kind of the entry point of aviation,' McIver explained. 'People are learning how to fly in this plane, and we are producing over 600 of these a year.' 600 a year that will now have a shiny red button onboard. '(Aviation) makes people more productive and are able to do more,' Kowalski said. 'I think we'll see this convergence in the future of as air as technologies for the airplanes keep improving, just like this.' CNN's Pete Muntean contributed to this report.
