Air Taxi Financial Model – Build & Operate Project Model in Excel
$149.00
Description
A detailed, institutional-grade air taxi financial model for a build-and-operate eVTOL venture, covering construction, operation and financing, with three integrated statements, a full cash waterfall and complete lender metrics — built in Excel.
The flying taxi market is preparing for takeoff, and with it a new class of infrastructure asset that has to be financed before it can earn. An air taxi venture is not a simple operating business — it is a project, with a capital-intensive construction phase, a distinct operating phase, and a financing structure that must satisfy both equity investors and lenders. Valuing it demands a model built for project finance, not a repurposed corporate template.
This air taxi financial model is built exactly for that task. It captures every input that decides financial viability across the asset’s life — development and construction costs, passenger economics, operating expenditure per vehicle, the funding stack and the debt service profile — and resolves them into the metrics a developer, sponsor or lender actually needs to make a decision.
Because it is structured around the discipline of project finance, the model produces the full suite of bankability outputs — Project and Equity IRR and NPV, minimum and average DSCR, LLCR, PLCR, equity payback and a complete cash waterfall — the numbers that determine whether a project reaches financial close.
Two Phases, One Integrated Model
Project finance lives or dies on the transition from building to operating. This air taxi financial model separates the two phases cleanly. The construction phase captures development cost, construction cost and the developer’s fee, along with the drawdown of funding and interest during construction. The operation phase then takes over, driven by passenger revenue and a granular operating cost base.
Keeping the phases distinct is what allows the model to calculate lender metrics correctly. A cash waterfall that does not respect the construction-to-operation handover will misstate DSCR and mislead everyone who relies on it.
Assumptions You Control
Every driver of viability is an explicit, editable input. The assumptions cover:
| Development & Construction | Development cost, construction cost and developer’s fee |
| Passenger Services | Passenger yield, passenger traffic, load factor and capacity |
| Variable O&M | Cost per vehicle across eight subheads — staff, electricity, consumables, transport, fuel and more |
| Fixed Costs | SPV cost, insurance, land lease, community payment, management fee and more |
| Funding Profile | Cash equity, bridge loan, bank debt, DSRA and bank overdraft |
| Working Capital | Accounts receivable and accounts payable |
| Depreciation | Straight-line and accelerated options |
| Decommissioning | Decommissioning cost and reserve, where required |
Lender & Investor Outputs
This is where a project finance model earns its keep. The air taxi financial model resolves your assumptions into the full set of metrics a financing decision turns on:
- Project IRR & NPV — returns to the project as a whole
- Equity IRR & NPV — returns to shareholders after debt service
- Minimum & Average DSCR — the debt service coverage lenders scrutinise first
- LLCR & PLCR — loan life and project life coverage ratios
- Equity Payback Period — how long until shareholders recover their investment
- Cash Waterfall & Debt Service Profile — the full cascade of cash through the structure
- Integrated Financial Statements & Dashboard — income statement, balance sheet, cash flow and a fully linked dashboard
Who This Is For
- eVTOL and air taxi developers building the financial case for a build-and-operate venture
- Project sponsors and infrastructure investors assessing returns and structuring equity
- Lenders and debt advisors testing coverage ratios and debt sizing
- Project finance advisors preparing bankable models for financial close
- Corporate finance teams in advanced air mobility running feasibility and scenario analysis
Why This Model
Built to project-finance discipline
Two-phase structure, cash waterfall and full coverage ratios — the standard lenders expect, not a corporate template stretched to fit.
Flexible funding stack
Equity, bridge loan, bank debt, DSRA and overdraft, so you can structure and re-structure the financing in minutes.
Fully transparent
Every formula is visible and traceable, with a colour-coded heat map so you can audit the logic end to end.
New to these metrics? Read an overview of the debt service coverage ratio. For a model built to your own specification, see our project finance advisory services, or browse the full range of PPP and project finance templates.
Assess Your Air Taxi Venture
Construction and operation phases, a flexible funding stack, a full cash waterfall and every lender metric from Project IRR to LLCR — ready in Excel.
