The UK Government’s Future Fund has invested in flypop, the UK’s only international long-haul low-cost airline.
flypop plans to launch in 2021 with scheduled flights to India. It will cater not only to the UK’s Indian/South Asian diaspora but will also serve those keen to explore the Indian sub-continent and region with very low-priced flights.
“The funding from the UK Government’s Future Fund will play a key role in putting flypop in a position to start flights, initially between the UK and India, something which will contribute significantly to the economic growth and closer cultural links between these two Commonwealth partners and eventually with all of South Asia,” said Nino Singh Judge, founder and CEO of flypop.
flypop, now completing its final funding round, will begin negotiating low cost airport deals in both the UK and India. In addition, it will continue discussions with aircraft manufacturers to secure the best deals which will enable the company to offer the lowest possible fares to the public.
The Government’s Future Fund will support the UK’s innovative businesses currently affected by Covid-19. These businesses have been unable to access other government business support programs, such as CBILS, because they are either pre-revenue or pre-profit and typically rely on equity investment.
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