Air Premia
Latest round
- Series B
Last raised
- Jan 2019
Total raised
- $169M
Investors
- 11
About Air Premia
Air Premia Inc. is an airline founded in 2017, headquartered in Seoul, South Korea. The company specializes in hybrid airline services, focusing on passenger flights that offer both budget-friendly and premium travel options. In October 2024, SONO HOSPITALITY GROUP acquired an 11% minority stake from JC Partners for KRW 47 billion. The CEO, Bo-Guk Moon, has a background in aviation, contributing to the company’s strategic vision.Air Premia specializes in providing a unique hybrid airline service that combines elements of both low-cost and full-service carriers. Its core offerings include passenger flights that cater to both budget-conscious travelers and those seeking enhanced comfort and services. The airline operates with a focus on routes connecting major cities in Asia, particularly targeting markets such as South Korea, the United States, and various destinations across Southeast Asia. By leveraging a fleet of modern aircraft, Air Premia aims to optimize the travel experience through competitive pricing strategies paired with premium services, such as spacious seating and inflight entertainment options.2. The airline's revenue generation is structured around passenger ticket sales, emphasizing direct-to-consumer transactions with flexible fare categories. This pricing model allows customers to choose options based on their travel needs, encouraging both individual travelers and families seeking affordable yet quality travel options. The airline aims to introduce new routes and enhance its service offerings by the end of 2025, targeting emerging markets in Southeast Asia and expanding its footprint in North America. Additionally, with the recent acquisition by SONO HOSPITALITY GROUP, the company intends to utilize this capital to invest in fleet upgrades and innovative passenger services, thereby enhancing customer experience and operational efficiency.
Who invested in Air Premia
11 investors across 2 rounds
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Questions about Air Premia
Who invested in Air Premia?
Air Premia has 11 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Air Premia raised?
Air Premia has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Air Premia last raise money?
Air Premia's most recent round on record is a Series B, in Jan 2019.
What does Air Premia do?
Air Premia is a transportation services company.
Where is Air Premia headquartered?
Air Premia is headquartered in Seoul, South Korea.
Which VCs invest in companies like Air Premia?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back transportation services companies at Air Premia's stage. Their profiles are linked below.
VCs backing transportation services startups at Series B
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