Monarc Global

Monarc Global, founded in 2017 by Royce Crown and Monica Zagrodny, is a Brisbane-based company that has developed a SaaS-driven global distribution network for private aircraft charters. The firm was established to address significant operational inefficiencies within the air charter industry, specifically the slow and manual process of generating quotes for charter services. The initial business, Monarc Aviation, started with a booking app but pivoted to a technology-focused solution after facing difficulties in obtaining timely pricing from operators. This led to the creation of Monarc Global, with Cameron Deane joining as a co-founder.

The company's core offering is Travech, an automated, real-time pricing and booking software. This platform serves aircraft operators, owners, charter brokers, and travel agents by allowing them to generate accurate quotes instantly. Travech's algorithms consider numerous variables, including fuel costs, weather predictions, flight plans with approach and holding patterns, and aircraft performance data, to calculate a final price rather than an estimate. This system enables operators to manage their fleet's availability and pricing live, which can then be distributed through their own websites or partner networks. Revenue is generated through subscription levels for the Travech software, catering to both large and small aircraft operators.

Monarc Global targets a range of clients, from private jet operators and air charter companies to corporate travel agents and even specialized services like private pet travel. The platform is designed to increase sales conversions for operators, who traditionally saw low conversion rates from manual quotes, and to open up the charter market to a broader customer base. During the COVID-19 pandemic, the company expanded its services to facilitate repatriation flights and transport medical supplies. Significant milestones include being named the winner of Deloitte's Technology Fast 50 for Australia in 2021, with a reported growth of 6,331 percent over three years. Co-founder Monica Zagrodny also received the Female Leadership award in the same year. The company has formed strategic partnerships with other aviation technology firms like Portside and Aviation Data Solutions to enhance its service offerings and expand its international reach.

Keywords: private aircraft charter, aviation software, automated pricing engine, global distribution system, charter quoting, Travech, flight cost calculation, aircraft operator solutions, air charter booking, SaaS, Royce Crown, Monica Zagrodny, charter management, dynamic pricing, travel technology, aviation data, flight booking automation, private jet booking, corporate travel solutions, freight charter services