Providing access to information by centralizing, standardizing and comparing aircraft cost data worldwide is no easy task. My Sky (formerly My Jet) is a company in Switzerland that offers financial controlling and benchmarking tools for jet owners and their representatives to optimize ownership costs. They do this by collecting, digitizing, analyzing and storing all relevant financial information online for a 24/7, user-friendly service for its customers. This work has led them to win the Gold Stevie® Award for “Startup of the Year - Business Services Industries” and a Silver Stevie Award for “Tech Startup of the Year" in The 2017 International Business Awards.
A Beacon of Trust
The concept of My Sky was first developed in 2014 by two entrepreneurs active in private banking and private aviation. Since its public launch in August 2015, My Sky has garnered business from an exponential number of business aircraft owners in Europe and beyond. Oksana Smirnova is the Head of PR & Marketing at My Sky and is excited about how quickly the company became a beacon of innovation and trust.
“Today, My Sky is a dynamic company evolving in the sectors of business aviation and financial management with headquarters in Switzerland. It currently employs over 80 experts, including in-house auditors, analysts and IT specialists.”
All their data is proof tested against the largest companies in the industry cost database. My Sky services 50 private jets and employs 80 experts in Switzerland and Russia.
My Sky’s mission is to revolutionize private jet ownership through technology and expertise. This has helped the company earn three international awards in just 12 months. In August 2016, they won a Bronze Stevie Award, then a Sapphire Pegasus Business Aviation Award for Innovation in April 2017, and now it has won Gold and Silver Stevie Awards.
“Winning gold one year after bronze shows that our product and our company have evolved in a very positive way and is a very important milestone in My Sky’s development,” says Smirnova.
“We also have ambitious plans on geographical expansion, and this international recognition will obviously be an added value to our unique proposition.”
Their innovative and disruptive approach provides an opportunity to augment traditional cost management practices in the business aviation industry through a smart blend of technology, data analytics and best practices.
Finding the Missing Link
My Sky considers themselves to be the missing link between industry players and the owners that remove any inefficiencies to empower jet owners by giving them more control and absolute transparency. Smirnova highlights what makes them distinct from similar companies.
“We believe the key to our success is the fact that there are no direct competitors today adopting a client-oriented SaaS approach. Accounting digitization, dynamic reporting and cost benchmarking offered by My Sky are absolutely unique on the market.”