Momentum Ventures™, the visionary force behind esteemed online travel agencies FlightHub™ and JustFly.com™, has taken a strong stance in favor of electric aviation.
As the global aviation community celebrates the remarkable strides achieved in this burgeoning field, Momentum Ventures™ has recognized the transformative potential of electric airplanes in reshaping the aviation landscape.
These critical developments promise an era of air travel that is not only sustainable but also environmentally friendly, aligning with the company’s core value of creating startups that have the potential to make a significant impact in their industries
The Rise of Electric Airplanes
The advent of electric aviation is heralding a new dawn in the world of air travel, exemplified by trailblazing projects like Eviation’s revolutionary creation, Alice.
According to a report by The International Council on Clean Transportation (ICCT), electric aircraft have the remarkable capacity to slash CO2 emissions by an impressive 49% to 88% when compared to their fossil-fueled counterparts.
Furthermore, they exhibit a staggering 2.1 to 3.2 times greater energy efficiency during cruise, indicating a potential quantum leap in sustainability.
Matt Keezer, the CEO of Momentum Ventures, proudly asserts the company’s unwavering commitment to embracing sustainability within the travel industry.
Although Momentum Ventures™ is not directly involved in electric airplane manufacturing, the company recognizes and enthusiastically endorses the profound influence these innovations are imparting on the aviation sector.
Keezer remarks, “Electric airplanes resonate deeply with our core values of promoting sustainability and driving advancement within the travel realm.”
Paving the Way for Transformation
The promise held by electric airplanes goes beyond mere words. These innovative marvels have the potential to make a significant impact by not only reducing carbon emissions but also minimizing operational expenses.
The spotlight is on short-haul and regional flights, where electric aviation could revolutionize air travel.
While Momentum Ventures™ primarily operates within the flight and travel sector, its commitment to sustainability extends to broader initiatives aimed at fostering positive transformations in the industry.
The Power of Collaboration
Matt Keezer emphasizes the critical role of collaboration in maximizing the benefits of electric aviation.
Acknowledging the complexities tied to battery technology, infrastructure, and supply chains, Momentum Ventures™ believes that industry partnerships are pivotal in overcoming these challenges.
By joining hands with other stakeholders, the company aims to pave the way for a seamless transition into a sustainable aviation future.
FlightHub™ and JustFly.com™
As FlightHub™ and JustFly.com™ continue to excel in their respective roles, Momentum Ventures™ remains steadfast in its dedication to supporting initiatives that contribute to a sustainable aviation future.
The commitment to excellence that defines these online travel agencies is seamlessly aligned with the broader vision of Momentum Ventures™ – a future where innovation and sustainability coexist harmoniously within the realm of air travel.
About Momentum Ventures
Headquartered in Montreal, Quebec, Momentum Ventures is a company committed to creating and growing startups that have the potential to make a significant impact in their industries.
Momentum Ventures has created several successful online companies including FlightHub, one of North America’s largest online travel agencies with annual sales of 3B per year.
Since its founding in 2014, Momentum Ventures’ focus on execution excellence and teamwork, combined with an extraordinary level of grit and commitment has helped them establish a reputation for creating successful startups.
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