Successful new airline that offers private jet-like levels of service at far ... trends now
A successful new airline has provoked the ire of its rivals by offering 'private jet-like' service at business class prices.
JSX, a Dallas-based carrier, has built up a loyal following of business travelers for its luxury service and affordable prices.
The airline's CEO and founder, Alex Wilcox - by searching Federal Aviation Administration regulations - learned that public charter planes are subject to less onerous safety and security requirements than scheduled flights.
The 'loop hole,' as Wilcox's detractors brand it, is they just can't specify flight times or cities, or sell single seats.
Wilcox therefore decided to create two companies that would work in conjunction with one another.
JSX, a Dallas-based carrier, has built up a loyal following of business travelers for its luxury service and affordable prices
The successful new airline has provoked the ire of its rivals by offering 'private jet-like' service at business class prices
One would make a flight schedule and sell tickets, and a second would fly the aircraft on specified routes at set times and dates.
'I spent months without sleep, just looking at all the rules, looking for ways why it couldn't be done,' Wilcox told Bloomberg News.
'Every single person we talked to said, "No, you can't do it."'
However, U.S. regulators signed off on the idea.
'So we did it,' he added.
Wilcox founded JSX in 2015, and in less than a decade, the company has gone from operating just 641 flights over six routes, to almost 35,000 over 48.
If the company continues to grow at the current pace, annual revenue will hit $1 billion by 2028, Wilcox told Bloomberg.
Alex Wilcox founded JSX in 2015, and in less than a decade, the company has gone from operating just 641 flights over six routes, to almost 35,000 over 48
Currently, JSX allows customers to book plane tickets online like more traditional airlines.
