We can go between markets that other airlines can't, says Breeze Airways CEO David Neeleman

Published: Jul 10, 2024 Duration: 00:05:02 Category: News & Politics

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Introduction >>> WELCOME BACK. LOW COST AIRLINE BREEZE AIRWAYS OFFERING NEW STOPS, PORTSMOUTH, NEW HAMPSHIRE AND TELLURIDE, COLORADO. THEY SCREENED A RECORD NUMBER OF PASSENGERS ON JULY 7th TOPPING 3 MILLION IN A DAY FOR THE FIRST TIME EVER. JOINING US NOW IS BREEZE AIRWAYS CEO AND FOUNDER DAVID NEELEMAN. HE STARTED FOUR OTHER AIRLINES, SCLUG JETBLUE. GREAT TO HAVE YOU ON THE SHOW. WELCOME. >> THANK YOU, MORGAN. >> SO BREEZE IS REALLY AN UP START. CAME ON THE MARKET A COUPLE OF YEARS AGO. YOU'RE QUICKLY EXPANDING THESE ROUTES. WALK ME THROUGH WHY AND HOW IT SPEAKS TO HOW YOU'RE ASSESSING MARKET DYNAMICS RIGHT NOW. >> I'VE STARTED A LOT OF AIRLINES. ONE OF THE THINGS THAT'S REALLY IMPORTANT FOR ME IS THERE NEEDS TO BE A MARKET. THERE NEEDS TO BE A PLACE TO GO. WHEN I LOOKED AT THE U.S. MARKET, I SAW THERE WAS A LOT OF SMALL TO MEDIUM SIZED FEES AND MONTROSE, TELLURIDE. THEY NEEDED NONSTOP SERVICE. FIRST CLASS, EXTRA ROOM SEATS. CUSTOMERS LOVE US. WHEN WE STARTED I SAID I WANT TO GET YOU THERE TWICE AS FAST. WE'RE UP TO 200 ROUTES, 58 Travel trends CITIES IN 29 DIFFERENT STATES. WE COULDN'T BE HAPPIER WITH THE WAY IT'S GOING. >> WE JUST TALKED ABOUT IT. WE'RE POISED FOR ANOTHER SUMMER OF RECORDS. RECORD AIR TRAVEL. TOMORROW WE GET EARNINGS FROM DELTA AND CPI. THE INFLATION DATA HAS COME DOWN. MORE CAPACITY HAS BEEN COMING ON ONLINE. >> IN SOME MARKETS, NO. THE IN OUR MARKETS, ABSOLUTELY. MORGAN, WE FLY. THE ULCCs ARE UNDER PRESSURE. THE BIG IRE LINES ARE DOING THAT. WE'RE NOT SEEING THAT PRIMARILY. IT'S A TALE OF TWO AIRLINES TO TODAY, THE MAJORS DOING THE Labor market BASIC ECONOMY GOING AFTER THEM. >> DAVID, I'M CURIOUS WHAT YOU'VE SEEN IN THE LABOR MARKET FOR A BRAND-NEW AIRLINE BECAUSE IT WAS DIFFERENT IN MAY OF 2021 WHEN YOU WERE TRYING TO LAUNCH IN TERMS OF PILOTS AND FLIGHT ATTENDANTS. HOW HAS THE MARKET CHANGED? >> IT'S GOTTEN SO MUCH BETTER, JON. WE USED TO WORK HARD TO HIRE PILOTS. THERE WAS ABOUT 7,000 PILOTS THAT RETIRED, THEN THEY SAID, HOLY HECK, WE HAVE TO REHIRE 7,000 PILOTS. THAT WHOLE SITUATION I'VE BOT A POOL OF OVER 500 APPLICANTS EVERY DAY. YOU CAN BE REALLY CHOOSEY. I JUST CAME FROM OUR TRAINING Making a special airline STATION FOR THE NEXT YEAR. >> IT SEEMS A NUMBER OF AIRLINES ARE LOOKING FOR IT. >> FOR US WE'RE DOING THINGS WE'RE ALREADY DOING. THAT'S REALLY IMPORTANT. I'M NOT FLYING INTO A HUB AND GO ON TOP OF OUR AIRLINES. WE WANT TO EXPAND MARKETS, IF THEY'LL BE THERE, JUST BECAUSE OF CONVENIENCE. THAT'S REALLY WHERE IT WAS. IT WILL BE INTERESTING TO WATCH. I'D RATHER BE IN MARKETS WITH PREMIUM PRODUCT. YESTERDAY TRAVEL AND LEISURE SAID WE WERE VOTED

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