Airlineguy From United States of America, joined Apr 2000, 348 posts, RR: 0 Posted (10 years 11 months 1 week 5 days 23 hours ago) and read 1408 times:
How do these new airlines find capitl to start up. Ie jet blue etc
Backfire From Germany, joined Oct 2006, 0 posts, RR: 0 Reply 1, posted (10 years 11 months 1 week 5 days 19 hours ago) and read 1350 times:
Simple. Draw up a business plan. Show that you can generate the income to pay back a loan (with interest and fees), even if the loan is tens of millions of dollars. If it's a sound plan, venture capitalists will be happy to cough up. That's their job.
Srbmod From United States of America, joined Mar 2001, 16888 posts, RR: 51 Reply 2, posted (10 years 11 months 1 week 5 days 10 hours ago) and read 1308 times:
Of course it don't hurt if you've had success in starting airlines up in the past either. JetBlue's founder, David Neeleman, had prior to JetBlue, been one of the founders of Morris Air, who he sold to Southwest; and of Westjet, which has been giving AC fits for some time now. His success helped to get the financing to launch JetBlue; other than George Soros, the other investors who provided the startup capital were the same ones that financed Westjet, so for Neeleman, getting the financing was the easy part.
BR715-A1-30 From , joined Dec 1969, posts, RR: Reply 3, posted (10 years 11 months 1 week 5 days 10 hours ago) and read 1291 times:
Usually Airlines sometimes start up with 7-20 million dollars in Capital. jetBlue started with $130,000,000 in Capital. Not even AA did that. Pretty impressive huh. I love LOW FARE AIRLINES
Penguinflies From United States of America, joined Apr 2000, 975 posts, RR: 0 Reply 4, posted (10 years 11 months 1 week 5 days 6 hours ago) and read 1252 times:
Didn't David Neeleman also start the reservation system Open Skies, later sold to HP?
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