Breeze records first full-quarter operational profit as network matures
US start-up carrier Breeze Airways reports posting its first quarterly profit since launching in May 2021. Salt Lake City-based Breeze said on 23 January that the milestone is partially attributable to holiday travel demand, which overcame the dampening effect of the recent US presidential election on bookings, in addition to the maturation of its brand and domestic network. ”In the last part of October and first part of November, we saw bookings start to trend down for a little bit,” Trent Porter, Breeze’s CFO, told FlightGlobal on 22 January. “Then, we saw it pick up in the back half of November and carry into December. What we were able to achieve actually exceeded what our models were projecting given the strength of what we saw in the fourth quarter.” Breeze added about 30 new cities to its expanding network in 2024, increasing year-on-year passenger capacity as measured by available seat miles (ASMs) by more than 50%. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2025-01-24/unaligned/breeze-records-first-full-quarter-operational-profit-as-network-matures
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Breeze records first full-quarter operational profit as network matures
US start-up carrier Breeze Airways reports posting its first quarterly profit since launching in May 2021. Salt Lake City-based Breeze said on 23 January that the milestone is partially attributable to holiday travel demand, which overcame the dampening effect of the recent US presidential election on bookings, in addition to the maturation of its brand and domestic network. ”In the last part of October and first part of November, we saw bookings start to trend down for a little bit,” Trent Porter, Breeze’s CFO, told FlightGlobal on 22 January. “Then, we saw it pick up in the back half of November and carry into December. What we were able to achieve actually exceeded what our models were projecting given the strength of what we saw in the fourth quarter.” Breeze added about 30 new cities to its expanding network in 2024, increasing year-on-year passenger capacity as measured by available seat miles (ASMs) by more than 50%. <br/>