Airbus and bizpay are working together to enable airlines to accept payment by instalment for air travel.
We are delighted to announce that we will be making monthly payments for flights available direct to travellers via a new direct channel - www.payaway.io. Effective from July 2019, we will be offering travellers in the UK the ability to send us flight details and receive a quote for that flight to be paid over time with instalments. We hope that this will be able to address some of the considerable demand which we have seen in the European market from travellers for our service.
Airbus, the global aerospace corporation is pleased to announce that bizpay will work with Airbus to perfect their ideas for the aerospace industry. bizpay, a fintech company from the UK, enables consumers to pay in monthly instalments rather than one lump sum.
Talks are already underway between bizpay, airlines and travel providers to implement the bizpay API in their web booking systems. “Working with Airbus has helped ease our access to clients and allowed us to refine our B2B2C model.” says Ben Francis, bizpay CEO.
Watch Sid Rajeswaran, bizpay COO and Bruno Gautierres, Head of Airbus BizLab explain more:
The Airbus program takes a hybrid approach, bringing together external companies and so-called intrapreneurs at Airbus, who work together to ensure that their innovations are market ready. Being accepted into the programme, these new companies join an illustrious group of 56 projects that have already graduated.
The BizLab program is an integral part of the Airbus innovation strategy. As such, it serves as a petri dish for new ideas in the aerospace industry. This way, young companies can be fully integrated into a global company right from the start.
Learn more about the programme at https://airbus-bizlab.com/.
On-boarded in Hamburg campus:
Artisense (Palo Alto, USA): Intelligent sensors for live mapping and computer vision. The data collected feed a new 3D map which enables autonomous navigation.
AlulA (Miami, USA) enables the real-time transmission of flight and maintenance data during the flight thanks to a ground-based crowdsourced network of antennas.
Aerial Industries (Nigeria) works with high-performance drones which can operate crops spraying in emerging countries.
Holo|One (Switzerland): Augmented Reality platform that allows companies to map their data and processes them in AR. This includes a video sharing mode where experts and employees can cooperate live while doing their tasks.
Neuron SW (Czech Republic): With the help of audio sensors defects in machines are predicted and maintenance times reduced preventing failure.
SkyBuys (Australia) is an online-to-offline Mobile Commerce app and platform which enhances the duty-free shopping experience for passengers, airlines, concessionaires and brands.
Welcomed in Toulouse campus:
bizpay (UK) enables consumers to buy airline tickets with instalments. bizpay's software helps airlines increase profitability and market share.
BroadBit Batteries (Finland): Novel low cost sodium battery with better performance, scalability, safety & environmental friendliness compared to Lithium-ion.
Iridium Dynamics (Australia) has developed the 'Halo' VTOL UAS: a platform adding extended hover capability to fixed-wing missions.
SAFETYN (France) develops life preservation systems and intelligent assistance solutions for Pilots, unifying Human Factor, Common Sense and Technologies.
VRnam (Vietnam): A real-time VR application in which trainees can learn/drill flows and procedures until perfection in an immersive 3D cockpit.
Zéphyr Solar (France) develops solar balloons to quickly bring energy and services on isolated sites and promote NGO emergency response.
Contacts for the media:
Sara Ricci, Airbus Press Office : +33 562 117 613 or Jason Impey +44 117 936 2746
Airbus is a global leader in aeronautics, space and related services. In 2016 it generated revenues of €67 billion and employed a workforce of around 134,000. Airbus offers the most comprehensive range of passenger airliners from 100 to more than 600 seats and business aviation products. Airbus is also a European leader providing tanker, combat, transport and mission aircraft, as well as one of the world’s leading space companies. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions worldwide.