JANUARY 11, 2020 12:05:18TACO DEL SUR AIR, Brazil — A Brazilian company that aims to offer a more efficient and convenient way to travel from and to the airport is seeking $50 million in venture capital funding to start a plane-to-air service.
In a statement to Bloomberg, Santos Air, which operates two airlines, said it has received $50.3 million in capital from the company of the same name, which is seeking to expand its operations to other cities in the region.
The company said it intends to invest in a new plane- to-air business.
The company said its first flights will be from Lisbon, the capital of Portugal, to Cancun, the city in Central America and the Pacific Ocean.
Santos Air said it will provide service from Lisbon to Santiago, Chile, and will eventually expand to other countries.
“Santasair has a proven track record of being the leading international operator of air service between the two continents and the Caribbean Sea,” the company said.
Its first flights, which will begin in 2021, will be to Santiago and then to Cajamarca, in the southern part of the country, and then the city of Punta Cana in the north.
The service, which could eventually include the departure of a plane, will cost around $15,000 per person, or about the cost of a flight between New York and Miami, the company added.