The company operates four weekly flights on Bucharest-Geneva route, every Mondays, Wednesdays, Fridays and Sundays. “We selected these days as they are peak-demand days in aviation industry, and if things evolve the way we planned, we are determined to increase frequency of flights”, Jacques Bankir managing director of the company told Wall-Street.
The reason why the airline decided to tap into the Romanian aviation market in the midst of recessionary times, complies with the company’s policy: the development of the routes that many airline companies suspended due to global economic crisis. “In Romania, Fly Baboo keeps track of all changes in the market, and is flexible enough to scan the environment for any opportunity that emerges as a result of carriers’ suspension of flights on certain routes”, the representative of the company said.
For Romania, the Swiss-based airline carrier counts on business and ethnic traffic (Romanians settled in Switzerland or Swiss settled in Romania). “Various companies based in Switzerland and France have opened offices here recently, as Romania is in full development. Moreover, a high number of Romanians have settled in Switzerland and France, generating an increasing traffic volume between these countries and Romania”, head of Baboo added.
Fly Baboo airline company was established in 2003 and operates 23 routes from Geneva. Since November 2003 until December 2007, the company carried around 1 million passengers.
Baboo fleet is made up of two Bombardier Dash 8-Q400 aircrafts and two Embraer 190 following to increase it by 3-5 new airliners.
Baboo’s major investor is M1 Travel, a subsidiary of M1Group that supported the operations and growth of Baboo ever since 2006, together with other private investors.
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