Draft:LYGG

=Introduction= LYGG is a Finnish multinational brand by Flymaas Oy, providing a digital platform for air mobility-as-a-service. Offering on-demand flight services with ride-sharing options for corporate clients, LYGG serves both passengers and cargo and establishes regular routes between regional destinations..

Headquartered in Helsinki, Finland, LYGG operates globally and is the first FlyMaaS platform in the world to enable ridesharing via air. As of 2024, LYGG has a base of over 300,000 potential travelers from its dozens of contracted clients.

LYGG’s digital platform features two marketplaces: one for creating connections based on travelers’ needs and another to match these needs with operators' capacity in the market.

Focusing on regional air mobility (RAM), LYGG aims to enhance regional connectivity and plans to expand into urban air mobility (UAM) to enable ride-hailing services via its platform in the future.

Background
LYGG was founded in 2020 by Roope Kekäläinen and Jari-Jussi Viinikkala. Kekäläinen, a pilot and flight instructor, and Viinikkala, an Investment Banker in London and New York with MSc Finance from Imperial College, envision transforming regional business travel.

History
LYGG tested its business model in Germany in 2022, and in 2023, it launched its first corporate route between Tampere, Finland, and Stockholm, Sweden

Description
The LYGG platform facilitates connections between various destinations according to the needs of its corporate clients. LYGG is not an airline and does not own any aircraft. Instead, it uses a digital platform that can quickly adapt to changing market demands.

LYGG’s business model supports sustainability by avoiding unnecessary flights, flying directly to end destinations, and using dynamic asset planning to rightsize aircraft for each route. LYGG also commit to deploying the full amount of Sustainable Aviation Fuel (SAF) within 12 months of a route opening.

Currently, LYGG’s route connects Helsinki, Linköping and Örebro.

Future developments
Starting in 2028, hybrid aircraft will enter the market, with fully electric aircraft to follow. These technological advancements will enhance post-infrastructural travel, eliminating the need for traditional airport investments and supporting Urban air mobility (UAM).

LYGG is investing in the future of aviation through a billion-dollar deal with Electra.aero. This agreement allows LYGG’s operators to be the first in Europe to operate hybrid-electric (eSTOL) aircraft, which require only 100 meters of runway for ultra-short take-off and landings.