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janders
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Re: David Neeleman Raising Funds for New U.S. Airline

Mon Apr 15, 2019 2:14 pm

An article saying Moxy could target longhaul flying. Bit short of facts, mostly assumptions..

https://simpleflying.com/moxy-airline-l ... l-flights/
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Blueballs
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Re: David Neeleman Raising Funds for New U.S. Airline

Mon Apr 15, 2019 6:37 pm

I was just talking to neeleman...turns out he is actually planning on taking this capital to buy back Jetblue and go private.
 
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Re: David Neeleman Raising Funds for New U.S. Airline

Mon Apr 15, 2019 6:48 pm

Blueballs wrote:
I was just talking to neeleman...turns out he is actually planning on taking this capital to buy back Jetblue and go private.


In cohorts with the pilots maybe. They want him back.

I wonder if the the pilots will attempt labor action to drop the stock price, Neeleman could then purchase it through a leveraged buy out at a discount Coup de'tat style.
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Bradin
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Re: David Neeleman Raising Funds for New U.S. Airline

Mon Apr 15, 2019 7:32 pm

Blueballs wrote:
I was just talking to neeleman...turns out he is actually planning on taking this capital to buy back Jetblue and go private.


I have some hesitations on that because of the amount of capital needed to buy JetBlue at 51%.

There's roughly 300.98 million oustanding shares. At the current price of 17.00/share, David would need to raise $2,558,500,000 USD to have 51% control of the company. A lot of effort!
 
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Re: David Neeleman Raising Funds for New U.S. Airline

Mon Apr 15, 2019 7:37 pm

Bradin wrote:
Blueballs wrote:
I was just talking to neeleman...turns out he is actually planning on taking this capital to buy back Jetblue and go private.


I have some hesitations on that because of the amount of capital needed to buy JetBlue at 51%.

There's roughly 300.98 million oustanding shares. At the current price of 17.00/share, David would need to raise $2,558,500,000 USD to have 51% control of the company. A lot of effort!
I think blueballs would need to slap a '/s' on that.

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catiii
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Re: David Neeleman Raising Funds for New U.S. Airline

Mon Apr 15, 2019 7:43 pm

Blueballs wrote:
I was just talking to neeleman...turns out he is actually planning on taking this capital to buy back Jetblue and go private.


lol...

And I was just talking to him and he's spinning on figuring out what he wants to do with the airplanes he's bought.
 
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Re: David Neeleman Raising Funds for New U.S. Airline

Mon Apr 15, 2019 7:54 pm

Varsity1 wrote:
Blueballs wrote:
I was just talking to neeleman...turns out he is actually planning on taking this capital to buy back Jetblue and go private.


In cohorts with the pilots maybe. They want him back.

I wonder if the the pilots will attempt labor action to drop the stock price, Neeleman could then purchase it through a leveraged buy out at a discount Coup de'tat style.


Don't look now, but JetBlue already trades at one of the lower multiples in the industry and is pretty "cheap" by all measures.
 
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GE to finance first 9 Moxie aircraft

Mon Jun 17, 2019 4:52 pm

I found this facinating that GE will help finance Pratt powered aircraft.

https://www.bloomberg.com/amp/news/arti ... -s-airline

I haven't heard much about Moxie, so the fact they will start hiring is fascinating (late 2019).

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lavalampluva
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Re: GE to finance first 9 Moxie aircraft

Mon Jun 17, 2019 4:58 pm

I applaud his ambition, but i don't know. So many start-ups barely make it out of the gate. (No pun intended)
Remind me to send a thank you note to Mr. Boeing.
 
OKCDCA
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Re: GE to finance first 9 Moxie aircraft

Mon Jun 17, 2019 5:08 pm

I doubt the folks at GE Capital care too much about the type of engines an aircraft has... They’re investment guys making money for their business unit and obviously they thought the terms of this deal were good for them.

Good luck to Mr. Neeleman on this venture, it’s always fun to watch someone try to disrupt an industry set in its ways.
 
WeatherPilot
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Re: David Neeleman Raising Funds for New U.S. Airline

Mon Jun 17, 2019 5:21 pm

From Bloomberg, GE Capital Aviation Services to supply first nine airplanes to Moxy.

Also from the article they revealed Neeleman plans to base Moxy near a tech center that is not Silicon Valley. My guess is going to be RDU or GSO. Although IAD does have the capacity and they have a rail link to the city now.

https://www.google.com/amp/s/www.bloomb ... -s-airline
 
clrd4t8koff
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Re: David Neeleman Raising Funds for New U.S. Airline

Mon Jun 17, 2019 5:47 pm

WeatherPilot wrote:
From Bloomberg, GE Capital Aviation Services to supply first nine airplanes to Moxy.

Also from the article they revealed Neeleman plans to base Moxy near a tech center that is not Silicon Valley. My guess is going to be RDU or GSO. Although IAD does have the capacity and they have a rail link to the city now.

https://www.google.com/amp/s/www.bloomb ... -s-airline


If he’s looking for a tech center that’s not silicone valley than first choice should be BOS, second AUS and third SLC. I’ve never heard of RDU or GSO being big tech centers. RDU is known for pharma, no?
 
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Re: David Neeleman Raising Funds for New U.S. Airline

Mon Jun 17, 2019 5:48 pm

WeatherPilot wrote:
From Bloomberg, GE Capital Aviation Services to supply first nine airplanes to Moxy.

Also from the article they revealed Neeleman plans to base Moxy near a tech center that is not Silicon Valley. My guess is going to be RDU or GSO. Although IAD does have the capacity and they have a rail link to the city now.

https://www.google.com/amp/s/www.bloomb ... -s-airline

Austin is ripe for this kind of service. I'd also say Denver but I have a feeling that Neeleman is smart enough to hub/base in one of the most competitive markets in the country.
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seanpmassey
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Re: David Neeleman Raising Funds for New U.S. Airline

Mon Jun 17, 2019 5:51 pm

clrd4t8koff wrote:
WeatherPilot wrote:
From Bloomberg, GE Capital Aviation Services to supply first nine airplanes to Moxy.

Also from the article they revealed Neeleman plans to base Moxy near a tech center that is not Silicon Valley. My guess is going to be RDU or GSO. Although IAD does have the capacity and they have a rail link to the city now.

https://www.google.com/amp/s/www.bloomb ... -s-airline


If he’s looking for a tech center that’s not silicone valley than first choice should be BOS, second AUS and third SLC. I’ve never heard of RDU or GSO being big tech centers. RDU is known for pharma, no?


RDU has a pretty large tech scene. Several large IT vendors have a large presence in the area.
 
milemaster
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Re: David Neeleman Raising Funds for New U.S. Airline

Mon Jun 17, 2019 5:54 pm

WeatherPilot wrote:
From Bloomberg, GE Capital Aviation Services to supply first nine airplanes to Moxy.

Also from the article they revealed Neeleman plans to base Moxy near a tech center that is not Silicon Valley. My guess is going to be RDU or GSO. Although IAD does have the capacity and they have a rail link to the city now.

https://www.google.com/amp/s/www.bloomb ... -s-airline


My best guess is Salt Lake City.
 
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Re: David Neeleman Raising Funds for New U.S. Airline

Mon Jun 17, 2019 6:06 pm

WeatherPilot wrote:
From Bloomberg, GE Capital Aviation Services to supply first nine airplanes to Moxy.

Also from the article they revealed Neeleman plans to base Moxy near a tech center that is not Silicon Valley. My guess is going to be RDU or GSO. Although IAD does have the capacity and they have a rail link to the city now.

https://www.google.com/amp/s/www.bloomb ... -s-airline


Metro to IAD isn't open yet. It was announced last week that it should be ready by next summer at the earliest, but it has been plagued by years of delays.
IAD was one of JetBlue's early "hubs" so he is familiar with the airport.
 
910A
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Re: GE to finance first 9 Moxie aircraft

Mon Jun 17, 2019 6:13 pm

lavalampluva wrote:
I applaud his ambition, but i don't know. So many start-ups barely make it out of the gate. (No pun intended)


The one difference here is that Mr. Neeleman has a track record of success..
 
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Re: David Neeleman Raising Funds for New U.S. Airline

Mon Jun 17, 2019 6:13 pm

seanpmassey wrote:
RDU has a pretty large tech scene. Several large IT vendors have a large presence in the area.


At least at the time I lived there IBM was the largest employer in the area by far, although they were shrinking.

If it turns out to be RDU this sounds a lot like Midway 2.0.
 
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Re: David Neeleman Raising Funds for New U.S. Airline

Mon Jun 17, 2019 6:16 pm

An airline that has decided that point-to-point is the way to go really can't set up a 'hub' in the way we've commonly used the term. I have no idea what Moxy is going to be all about, but the time is drawing close for him to come clean with more details.
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Re: GE to finance first 9 Moxie aircraft

Mon Jun 17, 2019 7:49 pm

910A wrote:
lavalampluva wrote:
I applaud his ambition, but i don't know. So many start-ups barely make it out of the gate. (No pun intended)


The one difference here is that Mr. Neeleman has a track record of success..


Hence the GE capital financing, he is a success & has been honing his skills for years, I give this a good chance of making it out of the gates & being something competitive, the A-220 is an excellent start.
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Re: GE to finance first 9 Moxie aircraft

Mon Jun 17, 2019 7:58 pm

This is probably a no brainer for GE Aviation. David has a very successful track record. From Morris Air, JetBlue, Azul, and even WestJet (assuming we count him as a founder).
 
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Re: GE to finance first 9 Moxie aircraft

Mon Jun 17, 2019 8:09 pm

Moxie will become successful if you do not have to change planes in ATLANTA.....
 
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Re: David Neeleman Raising Funds for New U.S. Airline

Mon Jun 17, 2019 9:45 pm

WeatherPilot wrote:
Also from the article they revealed Neeleman plans to base Moxy near a tech center that is not Silicon Valley. My guess is going to be RDU or GSO. Although IAD does have the capacity and they have a rail link to the city now.

https://www.google.com/amp/s/www.bloomb ... -s-airline


GSO a tech center?!?!

Lets look at the nation's largest major tech centers in no particular order:
SJC - Eliminated
SFO - Capacity issues and lots of competition
SEA - Capacity issues and lots of competition
BOS - Capacity issues and lots of competition
AUS
DEN - Major hub competition
SLC - Major hub competition
IAD - Major hub competition
RDU

So that really leaves only RDU and AUS as major tech centers that have capacity and are not dominated by a major hub carrier. Besides, the other don't fit the profile of "under served smaller markets" that Moxy is said to take advantage of.

Then there are the up and coming tech centers such as IND, PIT, and CMH that more fit the smaller under served profile.
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Re: David Neeleman Raising Funds for New U.S. Airline

Mon Jun 17, 2019 9:56 pm

flyPIT wrote:
WeatherPilot wrote:
Also from the article they revealed Neeleman plans to base Moxy near a tech center that is not Silicon Valley. My guess is going to be RDU or GSO. Although IAD does have the capacity and they have a rail link to the city now.

https://www.google.com/amp/s/www.bloomb ... -s-airline


GSO a tech center?!?!

Lets look at the nation's largest major tech centers in no particular order:
SJC - Eliminated
SFO - Capacity issues and lots of competition
SEA - Capacity issues and lots of competition
BOS - Capacity issues and lots of competition
AUS
DEN - Major hub competition
SLC - Major hub competition
IAD - Major hub competition
RDU

So that really leaves only RDU and AUS as major tech centers that have capacity and are not dominated by a major hub carrier. Besides, the other don't fit the profile of "under served smaller markets" that Moxy is said to take advantage of.

Then there are the up and coming tech centers such as IND, PIT, and CMH that more fit the smaller under served profile.


He said “near a tech center”. So I was thinking cheaper alternatives.
 
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Re: David Neeleman Raising Funds for New U.S. Airline

Mon Jun 17, 2019 10:05 pm

WeatherPilot wrote:
He said “near a tech center”. So I was thinking cheaper alternatives.

Ok, makes more sense in that context.
FLYi
 
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Re: GE to finance first 9 Moxie aircraft

Mon Jun 17, 2019 10:26 pm

OKCDCA wrote:
I doubt the folks at GE Capital care too much about the type of engines an aircraft has... They’re investment guys making money for their business unit and obviously they thought the terms of this deal were good for them.

Good luck to Mr. Neeleman on this venture, it’s always fun to watch someone try to disrupt an industry set in its ways.
I bought a Toyota car once with finance by Nissan finance corporation.
 
WeatherPilot
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Re: GE to finance first 9 Moxie aircraft

Mon Jun 17, 2019 10:40 pm

Hopefully Neeleman can keep Moxy afloat. It's expensive being poor, having to finance everything you need to survive.
 
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Re: GE to finance first 9 Moxie aircraft

Mon Jun 17, 2019 10:50 pm

OKCDCA wrote:
I doubt the folks at GE Capital care too much about the type of engines an aircraft has... They’re investment guys making money for their business unit and obviously they thought the terms of this deal were good for them.

Good luck to Mr. Neeleman on this venture, it’s always fun to watch someone try to disrupt an industry set in its ways.


Well, it is 9 aircraft but even if GE weren't making a lot of money on this, they are betting on this man to succeed and so may want to establish some good business ties early on. Keeps the door open to winning bigger deals in the future if he succeeds big time. Do not forget how he became an important customer of Airbus...
 
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Re: David Neeleman Raising Funds for New U.S. Airline

Tue Jun 18, 2019 12:35 am

Am I the only one who thinks A.net seems a bit too bullish on this potential airline? I mean generally the site seems skeptical of startups, regardless of who or which groups are behind them, but for this one, it's been mostly praise and optimism. Not even the analysts sites or industry bloggers like Cranky Flier are that bullish on Moxy (Brett was initially optimistic but seemed to have become more skeptical as time went on).
 
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Re: David Neeleman Raising Funds for New U.S. Airline

Tue Jun 18, 2019 1:07 am

flyPIT wrote:
WeatherPilot wrote:
He said “near a tech center”. So I was thinking cheaper alternatives.

Ok, makes more sense in that context.


and the whole plan is predicated on cheaper airports, I don't think he has any intention on wading into BOS, SEA, SFO...at least at the start, in time who knows, but at the start, it's going to be alternatives near tech centers, for example for AUS think SAT, for BOS think PVD or MHT that sort of thing.
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Re: David Neeleman Raising Funds for New U.S. Airline

Tue Jun 18, 2019 1:07 am

flyPIT wrote:
WeatherPilot wrote:
Also from the article they revealed Neeleman plans to base Moxy near a tech center that is not Silicon Valley. My guess is going to be RDU or GSO. Although IAD does have the capacity and they have a rail link to the city now.

https://www.google.com/amp/s/www.bloomb ... -s-airline


GSO a tech center?!?!

Lets look at the nation's largest major tech centers in no particular order:
SJC - Eliminated
SFO - Capacity issues and lots of competition
SEA - Capacity issues and lots of competition
BOS - Capacity issues and lots of competition
AUS
DEN - Major hub competition
SLC - Major hub competition
IAD - Major hub competition
RDU

So that really leaves only RDU and AUS as major tech centers that have capacity and are not dominated by a major hub carrier. Besides, the other don't fit the profile of "under served smaller markets" that Moxy is said to take advantage of.

Then there are the up and coming tech centers such as IND, PIT, and CMH that more fit the smaller under served profile.


I think's he's meaning close by, as in, an alternative for GSO. RDU is pretty well saturated. I can't imagine it would go there. I'd bet it is AUS. RDU types balk at the 1 hour drive to GSO that they expect people here to drive to RDU. So, I doubt GSO would be in the picture either.
 
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Re: GE to finance first 9 Moxie aircraft

Tue Jun 18, 2019 1:46 am

GECAS actually finances a wide range of aircraft with non-GE engines nowadays, including a healthy amount of IAE-powered A320 family aircraft. Sure, they support their own product, but first and foremost they act as a bank taking bets on which aircraft they think have a long-term future in the market and will generate acceptable returns. Clearly, the A220 is now in that frame, so it makes sense for them to buy some.
 
LovePrunesAnet
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Re: David Neeleman Raising Funds for New U.S. Airline

Tue Jun 18, 2019 5:03 am

WeatherPilot wrote:
flyPIT wrote:
WeatherPilot wrote:
Also from the article they revealed Neeleman plans to base Moxy near a tech center that is not Silicon Valley. My guess is going to be RDU or GSO. Although IAD does have the capacity and they have a rail link to the city now.

https://www.google.com/amp/s/www.bloomb ... -s-airline


GSO a tech center?!?!

Lets look at the nation's largest major tech centers in no particular order:
SJC - Eliminated
SFO - Capacity issues and lots of competition
SEA - Capacity issues and lots of competition
BOS - Capacity issues and lots of competition
AUS
DEN - Major hub competition
SLC - Major hub competition
IAD - Major hub competition
RDU

So that really leaves only RDU and AUS as major tech centers that have capacity and are not dominated by a major hub carrier. Besides, the other don't fit the profile of "under served smaller markets" that Moxy is said to take advantage of.

Then there are the up and coming tech centers such as IND, PIT, and CMH that more fit the smaller under served profile.


He said “near a tech center”. So I was thinking cheaper alternatives.


not gonna be successful getting tech workers from RDU to drive to GSO to save a few bucks.

On top of that, there is no room for a big launch of new service by much of anyone at RDU. Friend of mine is in very sr mgmt there. Tells me there has been interest by Lufthansa but that another flight to Europe (not Asia) by a US-based carrier is likely the next development for major new service for them. That RDU runway ribbon cutting should be by 2025. Think he said 2 or 4 more gates in T1 to be activated next AFTER the 4 that are currently being worked on. And POSSIBLY a couple additional gates could be added to T2 before the new runway is ready. Design work already underway for more FIS gates in T2. Passenger forecasts for 2030 have already been realized in 2019. I know one time I flew out of RDU in the past month and the line to get into TSA screening was lined up around the entire perimeter of T2 inside. Looked like holiday travel scene; absolutely crazy. Those folks have a busy airport!

I just don't see RDU taking on Neeleman's new airline. I could be wrong
 
Bradin
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Re: David Neeleman Raising Funds for New U.S. Airline

Tue Jun 18, 2019 5:22 am

I'm thinking it will be one of these airports:

Silicon Beach (LAX)
Silicon Desert (PHX or AZA)
Silicon Forest (PDX)
Silicon Hills (AUS)
Silicon Mountain (DEN or COS)
Silicon Prairie (DFW or FTW)

I'm stuck on the value of Silicon Valley itself (SJC).
 
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Jouhou
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Re: David Neeleman Raising Funds for New U.S. Airline

Tue Jun 18, 2019 5:30 am

PVD? Since its near Boston and he has a thing for Portuguese populations, which RI and southern MA have a lot of.
 
Blueknows
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Re: David Neeleman Raising Funds for New U.S. Airline

Tue Jun 18, 2019 9:58 am

ISP will be on the short list. Also looking at potential markets like Toledo,buffalo, and of course the elephant in the room MHT. RDU/AUS/BNA and Lakeland airports. These are emerging markets. AUS is fastest growing city in US. RDU Is pay to play and perfect. You’ll see either BDL/HVN TO LAX or BUR. Airport like SBA/OAK are perfect targets. As we have seen PIT will pay airlines to start service. All possibilities are open. I mean Gary instead of ORD? It’s all about money and market ability
 
WeatherPilot
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Re: David Neeleman Raising Funds for New U.S. Airline

Tue Jun 18, 2019 11:25 am

LovePrunesAnet wrote:
not gonna be successful getting tech workers from RDU to drive to GSO to save a few bucks.

On top of that, there is no room for a big launch of new service by much of anyone at RDU. Friend of mine is in very sr mgmt there. Tells me there has been interest by Lufthansa but that another flight to Europe (not Asia) by a US-based carrier is likely the next development for major new service for them. That RDU runway ribbon cutting should be by 2025. Think he said 2 or 4 more gates in T1 to be activated next AFTER the 4 that are currently being worked on. And POSSIBLY a couple additional gates could be added to T2 before the new runway is ready. Design work already underway for more FIS gates in T2. Passenger forecasts for 2030 have already been realized in 2019. I know one time I flew out of RDU in the past month and the line to get into TSA screening was lined up around the entire perimeter of T2 inside. Looked like holiday travel scene; absolutely crazy. Those folks have a busy airport!

I just don't see RDU taking on Neeleman's new airline. I could be wrong


I think Neeleman only needs to do the hub model with this new startup until he acquires enough planes to do PTP to underserved markets like envisioned. So I don’t think he’ll need too much room. I doubt he’s trying to make a mega hub.

Also, ask your friend if they can prod DL to add RDU-SYR. We have F9 to RDU but they only fly it half the year and only like three times a week. Lots of Upstate NY transplants and retirees down there with family and friends still up here.
 
wrongwayup
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Re: David Neeleman Raising Funds for New U.S. Airline

Tue Jun 18, 2019 3:41 pm

filipinoavgeek wrote:
Am I the only one who thinks A.net seems a bit too bullish on this potential airline? I mean generally the site seems skeptical of startups, regardless of who or which groups are behind them, but for this one, it's been mostly praise and optimism. Not even the analysts sites or industry bloggers like Cranky Flier are that bullish on Moxy (Brett was initially optimistic but seemed to have become more skeptical as time went on).


I think you're right to be critical of startups in general, but the resumes of the founding team is highly crucial to the success of the operation. David Neeleman has a track record for starting up airlines that is really second to none. The only one that comes close is Indigo Partners, and they're more like turnaround specialists. So if you're betting on dark horses, this is your pick, for sure. GECAS certainly thinks so.

https://www.genewsroom.com/press-releas ... aft-284877
 
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Re: David Neeleman Raising Funds for New U.S. Airline

Tue Jun 18, 2019 3:52 pm

wrongwayup wrote:
filipinoavgeek wrote:
Am I the only one who thinks A.net seems a bit too bullish on this potential airline? I mean generally the site seems skeptical of startups, regardless of who or which groups are behind them, but for this one, it's been mostly praise and optimism. Not even the analysts sites or industry bloggers like Cranky Flier are that bullish on Moxy (Brett was initially optimistic but seemed to have become more skeptical as time went on).


I think you're right to be critical of startups in general, but the resumes of the founding team is highly crucial to the success of the operation. David Neeleman has a track record for starting up airlines that is really second to none. The only one that comes close is Indigo Partners, and they're more like turnaround specialists. So if you're betting on dark horses, this is your pick, for sure. GECAS certainly thinks so.

https://www.genewsroom.com/press-releas ... aft-284877

GECAS LOI shows more confidence towards the A220 than anything about Moxie. If Moxie fails who cares GECAS can lease the planes to someone else. If Moxie successful/gets off the ground great GECAS gets money.
 
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Re: David Neeleman Raising Funds for New U.S. Airline

Tue Jun 18, 2019 5:04 pm

flyPIT wrote:
Lets look at the nation's largest major tech centers in no particular order:
SJC - Eliminated
SFO - Capacity issues and lots of competition


OAK is the obvious option in the Bay Area. Fighting just WN instead of WN, AS, and now DL at SJC, and everyone at SFO.
 
wrongwayup
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Re: David Neeleman Raising Funds for New U.S. Airline

Tue Jun 18, 2019 5:13 pm

Polot wrote:
wrongwayup wrote:
filipinoavgeek wrote:
Am I the only one who thinks A.net seems a bit too bullish on this potential airline? I mean generally the site seems skeptical of startups, regardless of who or which groups are behind them, but for this one, it's been mostly praise and optimism. Not even the analysts sites or industry bloggers like Cranky Flier are that bullish on Moxy (Brett was initially optimistic but seemed to have become more skeptical as time went on).


I think you're right to be critical of startups in general, but the resumes of the founding team is highly crucial to the success of the operation. David Neeleman has a track record for starting up airlines that is really second to none. The only one that comes close is Indigo Partners, and they're more like turnaround specialists. So if you're betting on dark horses, this is your pick, for sure. GECAS certainly thinks so.

https://www.genewsroom.com/press-releas ... aft-284877

GECAS LOI shows more confidence towards the A220 than anything about Moxie. If Moxie fails who cares GECAS can lease the planes to someone else. If Moxie successful/gets off the ground great GECAS gets money.


Not quite how leasing works - it takes a lot of money and time to move an airplane from an airline that goes under - particularly for an aircraft like the A220 that doesn't have a secondary market nor an infrastructure to support changing configurations & specs to a new carrier. And you'll never get in rent for a used airplane what you got when it was new. GECAS has definitely assumed credit risk on this deal - believe me they have entire departments of people looking into this kind of thing.
 
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SQ22
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Re: Moxy - News and Discussion Thread

Tue Jun 18, 2019 5:33 pm

It was time for a new thread title, welcome to Moxy - News and Discussion Thread.

In case there is anything wrong with it, please do not reply but use the reporting function.
 
Miamiairport
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Re: Moxy - News and Discussion Thread

Tue Jun 18, 2019 7:59 pm

Neeleman is wading into a very different industry than 20 years ago. He's seems to want to recreate the B6 business model with some differences but how much "cheap chic" can survive? It didn't do well for Virgin America. From press releases he seems to want to have an airline that appeals to the broad traveler, Mint like seats in the front Spirit like seats in the very back of the plane. Doug Parker has attempted that kind of product offering at AA (Wal Mart and Neiman Marcus under one roof) and it's not worked out as well as thought.

He probably has some serious money behind him but setting Moxie aside from the ULCCs and US4 competition isn't going to be easy. B6 had the advantage starting at a vastly under utilized airport in the largest metro area of the country. There's no such airport like that now. Go to a large airport and the competition will trounce you. Go to small underutilized airports will anyone notice or care?
 
WN732
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Re: GE to finance first 9 Moxie aircraft

Tue Jun 18, 2019 9:17 pm

RickNRoll wrote:
OKCDCA wrote:
I doubt the folks at GE Capital care too much about the type of engines an aircraft has... They’re investment guys making money for their business unit and obviously they thought the terms of this deal were good for them.

Good luck to Mr. Neeleman on this venture, it’s always fun to watch someone try to disrupt an industry set in its ways.
I bought a Toyota car once with finance by Nissan finance corporation.


Money is money is money is money.
 
lavalampluva
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Re: Moxy - News and Discussion Thread

Tue Jun 18, 2019 10:26 pm

My guess would be a more centralized hub. Not everyone one will want to fly all the way to AUS or RDU to change planes.
Remind me to send a thank you note to Mr. Boeing.
 
Buffalomatt1027
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Re: David Neeleman Raising Funds for New U.S. Airline

Thu Jun 20, 2019 2:46 am

Blueknows wrote:
ISP will be on the short list. Also looking at potential markets like Toledo,buffalo, and of course the elephant in the room MHT. RDU/AUS/BNA and Lakeland airports. These are emerging markets. AUS is fastest growing city in US. RDU Is pay to play and perfect. You’ll see either BDL/HVN TO LAX or BUR. Airport like SBA/OAK are perfect targets. As we have seen PIT will pay airlines to start service. All possibilities are open. I mean Gary instead of ORD? It’s all about money and market ability


Buffalo as one of the markets would not shock me ...when b6 started, Buffalo was one of the originally destinations to JFK and that turned out okay! Neeleman might have some trust in the market and building a new airline.
 
AAflyguy
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Re: David Neeleman Raising Funds for New U.S. Airline

Thu Jun 20, 2019 3:42 am

ucdtim17 wrote:
flyPIT wrote:
Lets look at the nation's largest major tech centers in no particular order:
SJC - Eliminated
SFO - Capacity issues and lots of competition


OAK is the obvious option in the Bay Area. Fighting just WN instead of WN, AS, and now DL at SJC, and everyone at SFO.


What a novel concept, OAK. The Bay Area Airport no one else even mentioned as a possibility, however remote. Seems folks easily forget it is right there in the heart, or just dismiss it altogether as a viable option. I agree that, if it is the Bay Area, OAK makes a ton of sense. It serves about 14M pax annually, many of them on monopoly routes operated by WN that make lots of $$$. Neeleman was at the helm of B6 when OAK was selected as its Bay Area Base with multiple-daily transcons. If not for the birth of VS @ SFO, that would have remained the case for at least a while longer. So Neeleman is very familiar w/OAK. Will be fun to watch this one as the story develops over the course of the next year or so.

AAflyguy
 
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Re: David Neeleman Raising Funds for New U.S. Airline

Thu Jun 20, 2019 4:12 am

Jouhou wrote:
PVD? Since its near Boston and he has a thing for Portuguese populations, which RI and southern MA have a lot of.


Won't that become a bloodbath competition with jetBlue - his 'other love'? :)
 
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Re: Moxy - News and Discussion Thread

Sun Jul 07, 2019 6:00 pm

The more I think about Moxie, the more I think it will succeed. The current airline apps I use (DL, Jet Blue) aren't very useful compared to what I see (yes, I'm an adult who plays games, either emulate the better ones or get out of the way).

WeatherPilot wrote:
From Bloomberg, GE Capital Aviation Services to supply first nine airplanes to Moxy.

Also from the article they revealed Neeleman plans to base Moxy near a tech center that is not Silicon Valley. My guess is going to be RDU or GSO. Although IAD does have the capacity and they have a rail link to the city now.

https://www.google.com/amp/s/www.bloomb ... -s-airline



I think he is lining up the needed services correctly.

To the poster above who thinks a.net is too bullish, you do realize that while JetBlue trades at a low multiple, they are a well liked airline? Neeleman has a history of success. I look at the ULCC segment and see airlines whose customers dislike the affordable means of travel. If an ULCC can come out that appeals to educated consumers, why wouldn't it do well? Just make it more clear what you are buying! Make it easy to plus up at purchase (bags, carryons, rental car, hotel, and BoB). Spirit, Allegiant, and Frontier do not have loyal customers, so I see a huge market opening.

I like JetBlue, but they need to get cost per unit down (sadly, that means more seats as well as A321s).

If they fly when and where I want, I will certainly try them.
Then again, I see a HUGE opportunity for both the A220 and E2-195 (but not -190 due to pilot cost per unit) to open up North American travel. For example, I see UA just opened COS to LAX on a CRJ. Anecdotal evidence is demand is for more seats per day (a relative flies this route routinely). I see routes like that opened up by Moxie. Maybe not that one, but something similar.

Actually, I bet they stick to Texas and Eastward for their first few years, but that is just my hunch.

Lightsaber
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WPvsMW
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Re: Moxy - News and Discussion Thread

Sun Jul 07, 2019 6:19 pm

Moxy... as Amazon Air Pax. IAD as a hub. Independence Air done right.
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