Dash Air Shuttle

Date Submitted:August 15, 2023 4:14 am

Form:Entrepreneur Registration – Form ID#: 502

Contact Info:(empty)

Name of Submitter:Clinton Ostler

Name of Co-Submitter:(empty)

Business Name::Dash Air Shuttle Inc

Address:1402 Airport Rd

City:Port Angeles

Zip Code:98362

Evening Phone::2537971309

Mobile Phone: :2537971309

Submitter Email::clint.ostler@flydashair.com

Co-Submitter Email:(empty)

Name of your Business Opportunity:Reimagining the Regional Airline

Please share a brief personal background:I started my career with Alaska Airlines and spent 16 years in a variety of positions at both Alaska Airlines and Horizon Air, including commercial oversight of the Horizon Air network. I have significant experience working with communities across the Northwest, including Port Angeles. After leaving Alaska, I co-founded Embark Aviation, an airline management and consulting service, overseeing both revenue management and market development divisions. I have a love and passion for developing air service in regional communities and seeing how it dramatically impact the economy.

Description of business and history:As other regional carriers have reduced or eliminated flights in favor of larger aircraft and markets, Dash plans to reestablish air service to smaller communities around the Northwest and beyond. Dash plans to initially reestablish air service to communities that are under 200 miles from Seattle; difficult to reach by car, geography, traffic or other means; and complements existing air service options today. These underserved communities will be linked with Seattle/Tacoma and King County (Boeing Field) International Airports. Dash intends to complement service to BFI and SEA with flights to other regional airports in Washington state. Dash will be building a network of short haul niche markets that will allow it to be more insulated from other airline dynamics. We expect Dash to outperform the industry in terms of revenue generation and profitability. This is consistent with other peer airlines like Kenmore Air or Cape Air. Dash will fill a growing gap in the market that had previously established airline service – and has seen tremendous growth since the Pandemic began. Our only competitor is the highway, giving us an edge in developing markets quickly and profitably. Air service will be an economic catalyst for the entire region – driving business development, improved quality of life, and an infusion of new tourism opportunities. Partnering and collaborating with local businesses creates a virtuous cycle of economic activity that is tangible and impactful.

Tell us about your idea:Dash hopes to accomplish a few key objectives: 1) Reestablish airline service to underserved communities and grow a profitable network 2) Ultimately leverage electric aviation to create a zero-carbon airline 3) Leverage the airline to develop educational programs that create a ‘pipeline’ into high skill aviation jobs. Challenges include: 1) Generating sufficient demand at the fares necessary to reach profitability – changing consumer behavior 2) Securing aircraft to grow the operation 3) Securing pilots and other maintenance staff Risks include: 1) Competitive incursion 2) Regulatory changes 3) External environmental variables such as recession, high fuel costs, or other demand depressants Support is as simple as using the service – if it is popular, Dash will achieve its financial targets quickly and continue to grow. Support from the community and most importantly, the business community, should ensure the success of the business.

Advisers #1:Laura Lee Stewart

Adviser #1 Address:Available on Request

Adviser #1 Telephone:206-436-1495

Adviser #1 Email:laurie.Stewart@soundcb.com

Adviser #2:(empty)

Adviser #2 Name:Craig Smith

Adviser #2 address:Available on Request

Adviser #2 Telephone:206-321-8597

Adviser #2 Email:nwmsdoc@cs.com

Reference #1 name and address:Ben Munson

Reference #1 Phone:727-743-4387

Reference #1 Email:airtycoon1@yahoo.com

Reference #2 name and address:Dan Russo

reference #2 Telephone:206-953-1735

Reference #2 Email:dan.russo1951@gmail.com

Presentation yes/no:Yes

Presentation Info:Prefer afternoon/evenings and access to A/V equipment. I can connect my computer to a device or bring a USB.

Business publicly known:Well known in the community

Discuss Business Publicly:Since fundraising is fairly important, we are discussing investment in Dash with a few other individuals and organizations. But have not yet publicly solicited investment.

How did you hear about us:Through the Chamber of Commerce

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Signature:Clinton P Ostler

I acknowledge that a typed signature is representative of a legally signed application:Yes

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Username:airtycoon1

First Name:Clint

Last Name:Ostler

E-mail Address:clint.ostler@flydashair.com