The operator hopes to run the service for locals and tourists using its Cessna Grand Caravan aircraft during the summer.
It says the plane offers a ‘perfect viewing platform’ for sight-seeing flights because it has a stable airframe suited to slow flying.
Matt Bisson, chief operating officer and pilot for Waves, said the application underlined its commitment to tourism in the island.
‘Waves is serious about attracting more visitors to the island and we will market these flights to visiting cruise liner passengers as well as more traditional staying visitors.
‘The views from a flight over the bailiwick on a fine day are stunning and varied,’ he said.
The move towards tourism flights is the latest development for the airline which launched last year with a promise to offer on-demand flights between the islands, in a similar system to that run by the popular Uber taxi service.
The service was, however, short-lived, as it was forced to change its business model after questions were raised over whether it was genuinely operating as an air-taxi, which requires less stringent regulations than a conventional air service.
Customers now have to charter the whole aircraft – rather than book individual seats – if they want to travel between Jersey and Guernsey.