Breeze Soars to its First Profitable Quarter
Low-cost carrier adds partnership with NHL’s Penguins for discounted flights
By Evan Dougherty
Published February 3, 2025
Read Time: 4 mins
For the first time since taking to the skies in 2021, Breeze Airways recorded a profitable quarter, a significant step forward for the maturing low-cost airline.
Breeze announced on Jan. 23 that it had generated more than $200 million in revenue with an operating margin of over 4 percent in the fourth quarter. Breeze generated $680 million in total revenue for the year, a 78 percent jump from 2023.
David Neeleman, founder and CEO of Breeze, called the milestone “a major accomplishment for Breeze and a strong testament to the hard work, dedication and determination of our more than 2,000 incredible team members. In under four years, we have managed to grow and expand Breeze at an unprecedented rate while establishing a robust presence in dozens of underserved markets across the U.S.”
The privately held company’s first quarterly profit is noteworthy as the airline industry is regarded as one of the most difficult for new businesses due to high start-up costs and regulatory and competitive challenges.
However, Breeze has carved out a niche for itself in the U.S. airline business, flying to underserved markets with point-to-point service that bypasses major connecting hubs and providing an elevated customer experience at affordable fares.
In a nearly four-year span, Breeze has grown its network from its initial