Breeze Airways Posts First-Ever Profit

Daniel Fowkes
11 Apr 2024
· Aircraft 
· Airlines 
Breeze Airways has posted its first full-month profit, opened new routes, and is moving to an all-Airbus A220 fleet as it grows.

Breeze Airways, one of the newest players in the U.S. aviation industry, has reported a full month of operating profit for the first time in its history.

The fantastic achievement comes as unit revenues increased by more than 30% year over year in the first quarter of 2024. Additionally, one of the more noticeable achievements was greater scheduled service revenue in March 2024 over the entire first quarter of 2023.

Labelling itself as not just a low-cost carrier but rather an NLCC, Breeze is another one of David Neeleman’s famous industry professional creations and has, since its arrival, landed on the scene successfully.

Transition To All Airbus Aircraft

One of the most significant developments away from Breeze’s fantastic financial performance was the announcement that Breeze would finally transition towards only flying Airbus-produced aircraft.

As part of the initial launch plans, Breeze acquired used Embraer jets to get operational while slowly but surely transitioning to only Airbus aircraft. The expectation is that by the fall of this year, all remaining Embraer aircraft will depart, and Breeze will be an all-Airbus airline.

The A220 has repeatedly proven to be one of the most efficient single-aisle jets. It is particularly immensely popular with regional to short-haul routes.

Breeze Airways will soon be one of the largest A220 operators and an all-Airbus airline.

Breeze Airways now has a fleet of 36 active aircraft, with two units listed as parked. Fleet data indicates that 15 operational Embraer aircraft are spread across the ERJ-190 and ERJ-195. These aircraft average a combined age of 15.2 years.

However, Breeze’s commitment to the A220 truly highlights its future direction, with 22 delivered A220s averaging an age of 1.3 years.

More Exciting Developments

Breeze says that during the first quarter of 2024, it was also able to fly its five millionth passenger while seeing overall completion factors reach 99.8%, followed by an on-time performance of 74.5%.

Sticking with its commitment to offering greater customer satisfaction, it said it had one of the lowest mishandled bag rates in the industry, averaging 0.27 bags per 100 loaded on its aircraft.

This milestone is a testament to the hard work, dedication, and pure grit of the more than 1,800 Team Members who, despite a multitude of challenges and setbacks, persevered to build something truly impactful. Starting an airline is not for the faint of heart but we have remained true to our purpose – to give millions of travelers in underserved markets access to efficient and affordable air travel.

David Neeleman

Across the first quarter, the airline announced 11 new cities, with the opening of nine new stations as well. Breeze is continuing to target expansion, with reports indicating the company might be open to offering international services at some point in the future.

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