Accounting Customer service Hiring & human resources Legal Management Raising money Sales & marketing Selling a business Startup Technology Small & Global How We Got Started Biz Books Innovators Owner Tested Tech Edge Best Bosses Next Little Thing Startup Showdown Current Issue Archive

Fly the friendly skies - in a zeppelin

A new tour business offers rides aboard one of the world's three zeppelins.

EMAIL  |   PRINT  |   SHARE  |   RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)

airship.03.jpg

(Fortune Small Business) -- There's a new way to fly the friendly skies over San Francisco: the Airship Ventures Zeppelin NT.

"We had to call up the FAA and say, 'You probably need to regulate us, but you don't have any Zeppelin regulations on the books,' " says Alexandra Hall, the former CEO of the Chabot Space & Science Center in Oakland.

Hall was inspired to start a Zeppelin tour business after her husband, Brian, scored a ride on one of the airships in Germany. In March 2007 the couple reserved their own $15 million Zeppelin NT (they've raised $8 million from investors, including tech guru Esther Dyson) and arranged its transport from Germany.

The airship arrived in San Francisco last week, and this month it is scheduled to begin ferrying tourists and corporate junketeers between Silicon Valley and San Francisco, and around Napa Valley. The ride isn't cheap, however: Passengers pay $500 an hour to float on the 246-foot-long air boat, which can reach a speed of 78 mph.

"In Germany they've been flying tourists for seven years with no marketing, and they're closed from December to March. So we figured if they could be profitable, we could do pretty well," says Alexandra, who projects annual revenues of $9 million and is already planning expansions into two other markets.  To top of page

To write a note to the editor about this article, click here.

  • charles_ellis.04.jpg
    Detroit's churches are plowing millions into redeveloping local housing and businesses. More
  • bplaunch_2009.04.jpg
    These 50 metro areas have all the features entrepreneurs need to thrive. More
  • cozy_with_customer.ju.04.jpg
    Follow our road map to generate game-changing ideas for your business. More
  • winepod_1.04.jpg
    Winepod attracted a wait list of eager buyers and millions from investors. Then came the recession. More
  • wells_fargo__sf.04.jpg
    As other major banks withdrew, Wells Fargo stepped up its small business lending. More
  • lcorona_motorcycle.04.jpg
    Designer Chuck Comeau set up his manufacturing in Plainville -- 240 miles away from a major airport.  More
  • diego_son_printing.04.jpg
    As staffs shrink, business owners are taking on support duties they haven't had to handle in years. More



QWe've run a dinner theater for three decades. We've been operating at a loss for the last couple of years, and are unable to get a loan. We even closed for two months this summer to save money. We don't know what to do. More
Get Answer
- Kyle, Sarasota, Fla.

Sponsors
More Galleries
Pieces of Madoff Many of Bernie Madoff's victims would like to have a piece of the felonious financier. Now they can. This week hundreds of his and Ruth's possessions go up for auction. More
Inside Donald Trump's private jet The real estate mogul's upgrading to a larger private jet, so his 1968 Boeing 727, estimated to cost between $4 million and $8 million, is on the market. More
Hope for homeowners Critics thought homeownership would never work in the South Bronx. They were wrong. Tour the one house currently for sale on Charlotte Street. More

© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.