As published on Business Wire – Momentum Ventures, the parent company behind
online travel agencies FlightHub and JustFly.com, joins the global aviation
community in celebrating the strides achieved in electric aviation. The company
recognizes the profound potential of electric airplanes in reshaping the industry,
ushering in a new era of air travel solutions that are both sustainable and
environmentally friendly.

The rise of electric aviation, exemplified by pioneering endeavors like Eviation’s
Alice, marks a significant turning point in the perception and experience of air
travel. According to The International Council on Clean Transportation (ICCT),
Electric aircraft can provide a 49% to 88% reduction in CO2e emissions relative to
fossil-fueled reference aircraft and can be 2.1 to 3.2 times more energy efficient
during cruise.

“While we aren’t engaged in electric airplane manufacturing, we enthusiastically
welcome the positive influence they impart on the aviation sector,” affirmed Matt
Keezer, CEO of Momentum Ventures. “Electric airplanes harmonize with our core
values of promoting sustainability and advancement within the travel industry.”

Electric airplanes hold the promise of substantially reducing carbon emissions and
operational expenses, presenting a revolutionary answer for short-haul and regional
flights. While Momentum Ventures predominantly operates within the flight and
travel sector, its endorsement of sustainable practices also encompasses broader
initiatives aimed at fostering beneficial transformations.

Matt Keezer emphasized, “Our excitement for the future of electric aviation aligns
seamlessly with our dedication to nurturing a travel landscape that is both
environmentally mindful and future-focused.”

Collaboration across the industry is vital for maximizing the benefits of electric
aviation. Momentum Ventures recognizes the importance of partnerships to address
challenges related to battery technology, infrastructure, and supply chains.

As FlightHub and JustFly.com continue to excel within their respective roles,
Momentum Ventures remains dedicated to endorsing and supporting initiatives that
contribute to a sustainable aviation future.