Flyone

What Flyone does

Flyone is a Perth-based electric aviation company founded in 2020 that has built a vertically integrated platform spanning on-demand air taxi services, electric pilot training, aircraft distribution and leasing, premium membership travel, and charging infrastructure (Lilypad eFBO). Its operating segments include Lilypad Air Taxi (electric passenger flights), Skycademy (pilot training on electric aircraft), Lilypad Elevate (premium travel club), aircraft syndicate ownership, and a lessor portfolio. The company holds CASA certifications under Parts 119, 135, 138, and 141, enabling it to operate as an air transport operator, conduct aerial work, and run flight training organisations in Australia.

The business model combines asset-light service revenue with hardware-driven inventory. The Lilypad Air Taxi charges an average of A$1,100 per flight hour, generating revenue across 21 active air transport locations supported by 5 active charging nodes. The company reports 180,000+ commercial electric passenger kilometres, 1,800+ electric passenger movements, and 1,350+ commercialised electric flight hours. Skycademy has trained 50+ electric pilots across 3 electric flight schools, while the lessor portfolio holds A$1.8M in assets. Flyone also functions as an Australian distribution and pre-order channel for electric aircraft OEMs including Pipistrel, Bye Aerospace, AutoFlight, XPENG, Smartflyer, Electron Aviation, and Stralis, with 100+ aircraft in pipeline and 70+ pre-orders.

In December 2025, Flyone transitioned from a private company to FlyOne Limited, repositioning for an ASX listing with a stated A$30M lead investment option from a New York firm and an 8-figure post-IPO lead investment. Headcount remains small at 1-10 employees, and AUD market capitalisation is reported at A$89M as of February 2026. Strategic priorities include APAC geographic expansion, eVTOL integration (including Vertical Aerospace discussions), hydrogen-electric platforms via Stralis, and hybrid-electric aircraft manufacturing in development.

Name

Flyone

Legal name

FlyOnE Ltd

Website

https://www.flyone.com.au/

Company type

Public

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Flyone is a Perth-based vertically integrated electric aviation company operating electric air taxis, pilot training, aircraft leasing and distribution, and charging infrastructure in Australia, targeting an ASX listing with CASA-certified operations across 21 locations.

Ownership category

akta.pro rank

Product category

Electric Aviation Services

NAICS

Nonscheduled Chartered Passenger Air Transportation (481211), Aircraft Manufacturing (336411), Support Activities for Air Transportation (4881), Airport Operations (48811)

SIC

Air Transportation, Nonscheduled (4522), Aircraft (3721), Aircraft & Parts (3720), Airports, Flying Fields & Airport Terminal Services (4581)

akta.pro primary industry

Aircraft Management & Part 135/135-equivalent Operators (THABAFAD)

akta.pro secondary industries

Business & General Aviation Aircraft Manufacturing (IMABAAAC), Group & ACMI Charter Airlines (Ad-hoc/Wet Lease) (TLAFABAC), Aerial Adventure & Flight Schools (Paragliding, Hang Gliding, Paramotoring) (THAAAKAA)

Keywords

• Electric aviation services
• Air taxi operations
• Pilot training programs
• Electric aircraft distribution
• Aviation charging infrastructure

Headquarters

HQ city

Perth

HQ country

Australia

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Air Taxi & Charter Operations: On-demand air taxi services operating through Lilypad Elevate network, including point-to-point flights, scenic flights, and charter services to regional destinations. Revenue generated per flight hour at approximately $1100/hour average. Uses both electric aircraft (where available) and decarbonised ICE aircraft.
2. Pilot Training Services: Part 141 accredited flight training under Skycademy brand. Includes trial flights, recreational pilot license training, commercial pilot pathways, and high school integration programs. Training conducted in both electric and ICE aircraft.
3. Aircraft Sales & Leasing: Aircraft lessor services for aircraft from A$100k to A$10M. Includes new and used aircraft sales, fractional/syndicate ownership models, and aircraft management services. Pre-orders and distribution agreements with leading global OEMs across six aircraft models.
4. Membership & Concierge Services: Lilypad Elevate premium travel club membership at $99 per annum with $100 welcome voucher. Provides access to exclusive partner discounts, air taxi bookings, and sustainable travel experiences.
5. Aerial Work & Survey: Part 138 aerial work operations including survey, surveillance, and government contracts using certified electric and hybrid aircraft.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels6 records

Core offering

FlyOne operates a vertically integrated electric aviation platform providing on-demand zero-emissions air taxi services (Lilypad Air Taxi), CASA Part 141-certified electric pilot training (Skycademy), distribution and leasing of electric and hybrid aircraft from global OEMs, proprietary electric aircraft charging infrastructure, and aerial survey operations. The company also offers a premium travel club membership (Lilypad Elevate) and fractional/syndicate aircraft ownership models targeting both individual consumers and institutional investors.

Product overview

FlyOne operates as a vertically integrated electric aviation platform combining multiple interconnected products and services. The core offering includes Lilypad Air Taxi (on-demand electric air transport) and Skycademy (pilot training on next-generation electric aircraft). Supporting these are Lilypad Elevate (premium travel club), Electric Aircraft Distribution (import and lease of electric/hybrid aircraft from OEMs like Pipistrel, Bye Aerospace, and others), Lilypad eFBO (charging infrastructure), Aircraft Syndicate Ownership (fractional ownership), and Lilypad Concierge (booking assistance). The company also partners with Rottnest Air Taxi for regional routes and offers services like Sharkwatch and electric aircraft chargers. This integrated ecosystem allows FlyOne to control the entire aviation value chain from aircraft deployment and training to charging infrastructure and operations.

Differentiator

Problem solved

Functional benefit

Brands

• Lilypad Elevate: Australia's premier Concierge Air Travel club, accessing VIP air experiences on the Lilypad network of Air Taxi and Air Charter services.
• Lilypad eFBO
• Skycademy
• Sharkwatch
• RideOnE

Products and services

• Lilypad Air Taxi On-demand point-to-point zero-emissions air taxi service using certified electric and decarbonised aircraft operating through a network of green energy charge nodes and landing sites, serving regional routes from Perth to destinations including Rottnest Island, Margaret River, Busselton, Albany, and Esperance.
• Skycademy Pilot Training CASA Part 141-accredited flight training program offering trial flights, recreational pilot license training, commercial pilot pathways, and high school integration programs using electric and ICE aircraft across Perth and Melbourne locations.
• Lilypad Elevate Travel Club Premium annual concierge air travel club membership ($99/year with $100 welcome voucher) providing VIP access to air experiences, exclusive partner discounts with luxury hotels and dining across Western Australia, and sustainable travel impact through reforestation (2 tonnes CO2 offset per booking).
• Electric Aircraft Distribution and Leasing Import, distribution, and leasing of electric and hybrid aircraft from A$100K to A$10M, including Pipistrel Alpha Electro, Pipistrel Alpha Trainer, Pipistrel Panthera Hybrid, Bye Aerospace E2 and E4, Air ONE eVTOL, Electron 5, XPENG X2, Smartflyer SF1, AutoFlight eVTOL, and Stralis B1900D H2 Electric. Includes new and used aircraft sales and aircraft management services.
• Lilypad eFBO Electric aircraft fixed-base operation providing charging infrastructure and ground support services for electric aircraft at airport locations across the Lilypad network.
• Aircraft Syndicate Ownership Fractional and syndicate aircraft ownership model allowing investors to purchase shares in aircraft, with FlyOne providing management, compliance, maintenance, and integration with flight schools for revenue generation. Syndicate slots from A$25K to A$39.5K each.
• Rottnest Air Taxi Decarbonised air taxi service operating routes to key Western Australian destinations including Rottnest Island, with flights conducted under Wadjemup Aerial Service Air Operators Certificate and 100x carbon offset via reforestation.
• Electric Aircraft Chargers Electric aircraft charging systems designed and operated for high-temperature climates and high-frequency utilisation, supporting the Lilypad charge node network deployment across Australian airports with claimed 50-80% ROI potential for deployment.
• Sharkwatch Aerial observation and monitoring service utilising certified electric and hybrid aircraft for wildlife surveillance and survey operations under CASA Part 138 certification.
• Lilypad Concierge Concierge service assisting customers with air taxi bookings, flight training enrollment, e-bike hire, aircraft hire, voucher redemption, and general information across FlyOne's growing range of products and services.

Quantifiable outcome

• Electric operating cost of approximately $5/hour compared to $15-20/hour for traditional fuel-powered aircraft
• +4 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

13 partnerships are on record, tiered strategic, core, minor and supporting.

• Vertical AerospacestrategicTechnology or IntegrationVertical Aerospace confirmed in discussions with FlyOne regarding potential integration of the Valo eVTOL aircraft into FlyOne's Lilypad Elevate Air Taxi Network across Australia. Would add next-generation eVTOL capability to network.
• Rottnest Air TaxicoreChannel Partner/ Reseller/ DistributorPrimary air taxi operating partner on Lilypad Elevate network. Operates decarbonised Cessna 172 and Piper Cherokee 6 aircraft for regional routes from Perth. 100x carbon offset via reforestation.
• Cloud Dancer Pilot TrainingcoreChannel Partner/ Reseller/ DistributorFirst flight school in the world to electrify with Pipistrel Alpha Electro. Operating multiple electric aircraft across multiple airports in Jandakot and Melbourne.
• Pan Pacific PerthminorGTM or Marketing PartnerLuxury hotel partner offering 20% discount to Lilypad Elevate members. Mutual benefit driving high-value tourism traffic.
• Diamond CollectiveminorGTM or Marketing PartnerRewards partner offering 15% discount to Lilypad Elevate members on future purchases.
• Carbon NeutralsupportingOthersCarbon offset partner providing reforestation certificates. Each Lilypad Elevate flight plants trees to offset 2 tonnes of CO2. Rottnest Air Taxi plants approximately 500 trees per annum to offset fleet emissions.
• PipistrelcoreOEM/ Whitelabel/ Licensing PartnerExclusive Australian distribution partner for Pipistrel electric aircraft including Alpha Electro, Alpha Trainer, and pre-orders for Panthera hybrid. FlyOne imports, deploys, and develops Pipistrel aircraft for pilot training and commercial operations.
• Bye AerospacecoreOEM/ Whitelabel/ Licensing PartnerAustralian distribution partner for Bye Aerospace E2 and E4 electric aircraft. Pre-orders secured for next-generation electric aircraft with 3-hour endurance.
• AutoFlightstrategicOEM/ Whitelabel/ Licensing PartnerPartnership for eVTOL aircraft distribution and integration into Australian Lilypad Elevate network.
• XPENGstrategicOEM/ Whitelabel/ Licensing PartnerPartnership for XPENG X2 Personal eVTOL aircraft distribution and deployment in Australian market.
• SmartflyerstrategicOEM/ Whitelabel/ Licensing PartnerPartnership for Smartflyer SF1 Electric Aircraft distribution and commercial deployment.
• Electron AviationstrategicOEM/ Whitelabel/ Licensing PartnerPartnership for Electron 5 Electric Medium range aircraft (700km range) distribution. Pre-order agreements in place.
• StralisstrategicOEM/ Whitelabel/ Licensing PartnerPartnership for Stralis B1900D H2 Electric aircraft (500km range, 270 knots cruise) distribution for hydrogen-electric aviation.

Scale indicators21 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Beta Technologies: Closest direct peer - Beta is the only other commercial electric aircraft operator with material flight hours, is also pursuing Part 135-equivalent certification, and is explicitly cited by FlyOne as the only possible operator with comparable real-world missions. Both target short-haul electric passenger and cargo operations.
• Surf Air Mobility: US-based regional air mobility platform combining scheduled/charter air taxi with a tech-enabled booking platform and aircraft electrification ambitions. Closely comparable business model to Lilypad Elevate plus aircraft ownership.
• Blade Air Mobility: Urban and regional air mobility company operating scheduled and on-demand flights with a premium membership concierge model. Highly comparable to FlyOne's Lilypad Elevate premium travel club and air taxi network.

Emerging players

• Joby Aviation: Electric air taxi developer pursuing type-certified eVTOL operations. FlyOne explicitly benchmarks itself against Joby; both target on-demand zero-emission passenger flights, though Joby is pre-revenue and targeting larger urban markets.
• Archer Aviation: eVTOL developer in late-stage certification with United Airlines partnership. Comparable product/market overlap with FlyOne's planned eVTOL air taxi network via Vertical Aerospace/AutoFlight integration.
• Vertical Aerospace: UK-based eVTOL developer with whom FlyOne has active discussions for Valo eVTOL integration into the Lilypad Elevate network - making it both a potential supplier and a comparable eVTOL-deploying operator.
• Wisk Aero: Autonomous eVTOL developer (Boeing-backed) explicitly benchmarked by FlyOne. Pursues autonomous urban air taxi - overlapping target market though different autonomy strategy.

Others

• Pipistrel: Slovenian electric aircraft OEM (now part of Textron) that is FlyOne's exclusive Australian distribution partner for Alpha Electro, Alpha Trainer, and Panthera Hybrid. Comparable as an electric aviation hardware/operating peer and is also an ecosystem supplier.
• Bye Aerospace: US-based electric aircraft OEM (eFlyer 2 and eFlyer 4) with pre-orders distributed through FlyOne. Comparable electric aviation ecosystem participant and an aircraft supplier to FlyOne's training and charter fleet.

Broad incumbents

• Textron Aviation: Incumbent general aviation OEM (Cessna, Beechcraft, Pipistrel parent) and broader aviation services player. Provides industry benchmark for air taxi fleet economics, pilot training throughput, and is the parent of one of FlyOne's key OEM partners.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/playlist?list=PLxB8zdP4Y3zmu5-t7dUkjalQxXSjCWA31
• Instagraminstagram.com/flyone_sustainable_aviation
• Xx.com/flyoneaviation
• Facebookfacebook.com/FlyOnEZeroE

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Flyone