LEVO aims to disrupt private jet booking market
Entrepreneur Joe Moeggenberg, renowned for his pivotal roles in shaping the private jet industry as an early president of NetJets and founder of ARGUS, is now spearheading LEVO, his latest…
Entrepreneur Joe Moeggenberg, renowned for his pivotal roles in shaping the private jet industry as an early president of NetJets and founder of ARGUS, is now spearheading LEVO, his latest endeavour aimed at revolutionising FAA Pt 135 charter operations.
Drawing upon decades of industry insight, Moeggenberg’s vision for LEVO extends beyond mere scale – it’s about pioneering a comprehensive software management program that could pave the way for a groundbreaking customer direct booking marketplace in the private jet sector.
Despite the challenging landscape brought about by the Covid-19 pandemic, the charter industry has exhibited remarkable resilience, evidenced by a 20% surge in flight hours across North America and a 7% increase globally.
In this environment, those who thrive are the ones who swiftly adapt, embracing innovation and diversifying revenue streams. LEVO stands at the forefront of this transformation, offering cutting-edge technological solutions to enhance operational efficiency.
With its flagship products, LevoOPS and Levo Marketplace, LEVO is poised to redefine the charter aviation landscape. Real-time pricing mechanisms and collaborative features not only optimise internal processes but also elevate the customer experience.
Through strategic partnerships and a commitment to innovation, LEVO seeks to expand its market footprint, solidifying its position as a leader in the charter aviation sector.
“The charter sector has shown remarkable resilience post-Covid, with North American flight hours rising by over 20% since 2019 and global private charter usage increasing by 7%,” Moeggenberg told FINN.
“This growth trend, estimated at 3-4% annually, underscores the industry’s ability to adapt and thrive, catering to travellers seeking personalised and secure travel options.
“In the charter aviation sector, winners adapt swiftly, diversifying revenue streams and leveraging innovations like LEVO to enhance efficiency and customer experience. Those challenged to be successful often rely too heavily on single revenue sources, risking vulnerability during market downturns.”
He added: “Embracing technological solutions like LEVO is crucial for charter operations, streamlining processes, enhancing collaboration, and meeting the demand for convenience and efficiency.
“Real-time pricing, instant booking, and intuitive interfaces drive customer satisfaction, while data sharing fosters industry-wide innovation.
“Our expansion strategy revolves around the LEVO platform, comprising LevoOPS and Levo Marketplace. LevoOPS streamlines operations, while Levo Marketplace caters to retail charter users. Through strategic partnerships and continued innovation, we aim to penetrate new markets, attract diverse clients, and solidify our position as a leader in the charter aviation industry.”
Subscribe to the FINN weekly newsletter
