Companies · Airlines and Airports

People Express Airlines Inc.

Newport News · Airlines and Airports

Diligence memoA one-page analyst read on People Express Airlines Inc. — recommendation, valuation, rhythm, risks.
$5.3M
Total raised · real
2
Rounds
0.1×
Latest step-up
Top 40%
Sector rank · raised
Series A
Latest stage · inferred · Wed Oct 05 2011 00:00:00 GMT+0000 (Coordinated Universal Time)

People Express Airlines Inc. has raised $5.3M over 2 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the airlines sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Dormant
  • Last raise 14.7 yr ago; this sector typically re-raises about every 9 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Airlines and Airports

People Express Airlines Inc. is one of 76 Airlines and Airports companies tracked from Newport News. By capital raised it ranks mid-pack (ahead of 61% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$5.0M$10M$15M$20MSeries A · Raised $5.0M (real) Modeled valuation $11M (est)$5.0M$11MSeries APre-Seed · 2011-10-05 Raised $250K (real) Modeled valuation $2.0M (est)$250K$2.0MPre-Seed2011+$250KCumulative $5.3M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$5.0M
Bridge · Series A-stage$250K · 2011smaller follow-on

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$2.0M
Base estimate est.
$150K
Conservative case
$22.2M
Upside case
$1.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the airlines sector profile. Directional, not a quoted figure.

Series A · modeled $11.3M · Pre-Seed · modeled $2.0M · 2011-10-052011
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
27%
Survival probability
11% low · 50% high
1.32×/yr
Annual markup
1.78×/yr upside case
6.0 yr
Elapsed time used
14.7 yr actual, capped for stale marks
airlines
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
501 mo
Avg between rounds
$126K/yr
Capital velocity
56.5 yr
On record since
1970
First round
2
Rounds on file
How it compares to the market

Benchmarked against 76 companies in Airlines and Airports. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 1.2× above median
This company$5.3M
Sector median$4.4M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.0× of median
This company$250K
Sector median$5.8M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$2.0M
Sector median$12.6M

Raised more than 61% of sector peers (real $). Modeled value above 16% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)JetSuite, Inc. · Series A Raised $7.0M · modeled $36.0M (est)Branson Funding, LLC · Series A Raised $5.0M · modeled $25.7M (est)Avantair, Inc · Series A Raised $16.7M · modeled $14.4M (est)People Express Airlines Inc. (this company) Raised $5.3M · modeled $2.0M (est)People Express Airlines Inc.
CompanyStageRaised · realValue · estvs peer med.
JetSuite, Inc.Series A$7.0M$36.0M1.79×
Branson Funding, LLCSeries A$5.0M$25.7M1.28×
Avantair, IncSeries A$16.7M$14.4M0.72×
People Express Airlines Inc. this companySeries A$5.3M$2.0M0.10×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$250K2011-10-05$1.4M$2.0M90%
Series A$5.0M$22.7M$11.3M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$250K2011-10-05
    • First recorded raise — entered as Pre-Seed.
Intelligence
2053 ~Q3
Modeled next raise · ~501mo cadence
$250K
Modeled next size est.range $250K$400K
0.1×
Last step-up
$126K/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
William Morton4 other
Jeffrey Erickson1 other
Jason A Moulton2011-10
Jason Moulton
Michael D Morisi2011-10
Registry & provenance

People Express Airlines Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1532147
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Aerodrome Development CorpAirlines and AirportsSeries A$5.0M$25.7Msame sector · same stage
Branson Funding, LLCAirlines and AirportsSeries A$5.0M$25.7Msame sector · same stage
Exec Air Inc of NaplesAirlines and AirportsSeries A$5.0M$11.3Msame sector · same stage
Sky Care Holdings LLCAirlines and AirportsSeries A$5.0M$15.5Msame sector · same stage
G150-223 LlcAirlines and AirportsSeries A$4.6M$16.8Msame sector · same stage
Cal Jet Air LLCAirlines and AirportsSeries A$4.5M$23.1Msame sector · same stage
Texas Air Shuttle, LLCAirlines and AirportsSeries A$6.8M$11.4Msame sector · same stage
JetSuite, Inc.Airlines and AirportsSeries A$7.0M$36.0Msame sector · same stage
Frequently asked
How much funding has People Express Airlines Inc. raised?
People Express Airlines Inc. has raised approximately $5.3M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is People Express Airlines Inc.'s estimated valuation?
Provath's modeled valuation for People Express Airlines Inc. is approximately $2.0M (modeled range $150K–$22.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is People Express Airlines Inc. at?
People Express Airlines Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Oct 05.
What does People Express Airlines Inc. do and where is it based?
People Express Airlines Inc. operates in the Airlines and Airports sector, based in Newport News.
Explore related

See where People Express Airlines Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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