David Neeleman’s Breeze Airways posts first profitable quarter ever 

Breeze Airways, the latest venture from serial airline entrepreneur David Neeleman, has posted its first ever full quarter profit. 

The carrier, which focuses on connecting secondary cities point-to-point across the US, managed to achieve a 4% operational margin on revenues of $220 million during Q4 2024. Revenue for the full year 2024 was $680 million, which represents an increase of more than 78% over the preceding year.  

This growth has occurred within a context of generalized growth. Breeze Airways carried over 4.2 million passengers, added 29 new destinations and increased its capacity, defined as available seat miles (ASMs), by 52% in 2024. 

Breeze Airways launched in 2021 with a view to providing affordable and convenient air travel options in markets that had been traditionally overlooked and underserved by traditional network carriers. 

The startup carrier ended 2024 with a fleet of 46 aircraft, of which 33 are Airbus A220-300 aircraft serving its core scheduled operations business, as well as ten Embraer E190 and three E195 aircraft which are used mostly for on-demand chartered flights. Breeze Airways has an additional 90 A220s on order, plus a further 30 options. 

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