Breeze Continues to Look for The Smallest of Sweet Spots


It’s not really a special thing when Breeze announces new routes, because it does that all the time. But occasionally I like to check in and see exactly what the airline is doing. Its big announcement this week shows Breeze is still focused on picking up opportunities that other airlines mostly won’t be interested in.

This week we learned about the launch of 11 new routes starting between late September and early January:

  • Atlantic City: Vero Beach
  • Baltimore: Burlington (VT), Vero Beach
  • Dayton: Fort Lauderdale, Fort Myers, Raleigh/Durham
  • Madison: Fort Myers
  • Provo: Raleigh/Durham
  • Trenton: Charleston (SC), Fort Myers, Vero Beach

If you think it looks like someone threw darts to pick these routes, well, that’s because that’s exactly how it looks. But that is also how every Breeze announcement appears. That being said, there is always some method to the madness. And in this case, I can make some guesses about what’s happening.

This time around, the airline will launch three new cities: Baltimore, Dayton, and Trenton, also known by scholars of contemporary American history as “completely unrelated cities.” I guess that’s not entirely true. You could look at all of these as secondary airports, but they are still rather different from each other.

Baltimore, of course, is a big airport that serves the biggish city of Baltimore. It just so happens that it is also a secondary airport for Washington, DC… and a huge Southwest base. These routes to Burlington and Vero Beach seem carefully chosen. After all, Southwest doesn’t serve either of those airports at all, so the risk of Southwest entering is low.

The bustling Baltimore – Burlington corridor hasn’t been served since 2008 when AirTran gave it a go. It lasted 16 months. BWI may serve as a secondary airport to Washington, DC but in this case it’s not about that since American and United both fly it 3-4 times a day from National and Dulles respectively. Perhaps those who just really want a cheap seat will make the drive, but I’d imagine this is more for Marylanders who are looking to do some fall leaf peeping and winter skiing. Perhaps more importantly, Burlington just applied for a Small Community Air Service Development Program (SCASDP) to support Breeze service to Myrtle Beach or Savannah. Maybe this is a thank you note for trying.

Vero Beach is a different story. Breeze already serves the route twice weekly from Dulles and has since 2024. It doubles that to four weekly this fall. But Breeze also flies to Vero Beach from eight airports before today’s announcement. Now it’ll be up to 11 with the addition of not only Baltimore but also Trenton and Atlantic City. (You aren’t the only one who would like to see the crowd boarding those flights.)

Vero Beach has been Breeze’s market to discover. Until last December when JetBlue started one daily to both Boston and New York/JFK, no other airline was in the market. Then starting in February of this year, American began a daily flight to Charlotte and will fly weekly from Philly in the upcoming winter. This just looks like a rare untapped Florida market that Breeze realized works, especially on its smaller aircraft. It will keep growing until things stop working.

Dayton is not getting Vero Beach service, but it will be getting a duo of sun destinations along with service to Breeze’s growing Raleigh/Durham base. This is actually an interesting market. AirTran used to love it for being close to Cincinnati… but also cheap. Southwest inherited that but eventually moved its operation to Cincinnati. To this day, Delta only serves Atlanta. Nobody serves Florida except for Allegiant which has surprisingly limited operations with a couple weekly flights during peak season to Orlando/Sanford, Punta Gorda, and St Petersburg along with Myrtle Beach in summer. I assume that Allegiant’s base in Cincinnati makes Dayton an afterthought.

With that, it certainly seems sensible that Dayton would be a decent opportunity for Breeze. And Breeze is willing to do more. Dayton applied for a SCASDP grant of its own to help fund the start of a flight to Vegas on Breeze. Maybe this is another thank you note… but it’s still a move I like.

Trenton, however, is possibly the most interesting of all. This is Frontier territory and has been for years. The only other airline in the market is Allegiant which just entered this year with a couple weekly flights to Fort Lauderdale, Orlando/Sanford, Punta Gorda, and St Pete. But the reason Allegiant probably felt comfortable moving in is because Frontier has scaled way back.

Looking back as recently as 2024, Frontier flew to eight cities with more than eight daily flights during peak season. This past winter, however, it only flew to Orlando and Tampa except for a handful of spring break-only flights to other spots. That is a big drawdown, which I assume we can attribute to Frontier’s ever-growing gauge. That leaves some markets behind. And when that happens, Breeze sees an opportunity with its smaller airplanes. Frontier hasn’t filed its winter schedules yet for next year, but Breeze doesn’t seem concerned. Then again, it’s not even trying to fly routes that Frontier would likely fly anyway.

Breeze continues to be a very unique airline. It’s hard to believe that these are all markets with opportunities for profit, but we don’t have the most current data on the airline. We do know that it seems to be getting closer and closer (you know, excluding the fuel cost run-up). And with these three new cities, Breeze is up to more than 85 airports systemwide. To put it into perspective, that’s almost as many as Frontier, though Breeze’s frequency tends to be about half what Frontier flies in a city.

All I can do know is root for a rumored IPO for Breeze to come sooner rather than later. Then we’ll get some real financials to sink our teeth into and find out just how well this airline is doing.

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Brett Avatar

42 responses to “Breeze Continues to Look for The Smallest of Sweet Spots”

  1. Alex Avatar
    Alex

    Excelled article Brett. It will be interesting to watch breeze keep extending throughout the Midwest and Ohio as more jets come into the fleet. I could potentially see Dayton( which is underserved by lccs) being a decent market but could their proximity to the cmh and cvg stations affect their loads and yields.
    Brett, could you do an article looking at breeze’s operations across Ohio and potentially surrounding states? I find their routes from each and the differing strategy quite interesting. For example, here in Akron, they have expressed their interest to expand but they are limited by the existing infrastructure (gate count and lack of fis). So they are either going to need a gate expansion or potentially move up the road to Hopkins.

    1. Bill from DC Avatar
      Bill from DC

      Gate count shouldn’t be a constraint at CAK, they have 9 gates for 24-40 daily departures. air tran ran a much bigger operation there, daily and multiple daily flights to at least 8 cities IIRC.

    2. Brett Avatar

      Alex – Probably not going to get into that kind of detail, but Bill is right. There should be no restrictions at all in CAK. I’m sure that airport is very ready and happy to keep growing with Breeze, though an FIS may be a tall order. I don’t think there’s enough demand for that to bother.

    3. Jason Avatar
      Jason

      With TKI/DTX opening in November 2026 and Avelo announcing its first routes the next question is will Breeze quickly abandon its single daily Provo DFW flight for the new much cheaper McKinley airport?

  2. John Selden Avatar
    John Selden

    Love Breeze! A dozen flights so far – great pricing, service and no hiccups yet. And Vero Beach airport is a gem…right out of the 1950s…in a good way.

  3. Southside Emil Avatar
    Southside Emil

    Chicago/Gary is waiting for you Breeze.

    1. See_Bee Avatar
      See_Bee

      Breeze Airways: Official Airline of the Gary, Indiana Bears

  4. Exit Row Seat Avatar
    Exit Row Seat

    Not a fan boy of Breeze. Live near a Breeze focus city. Several routes have come and gone before I could even buy a ticket. Seems to be a trademark of the airline; throwing darts at a map, some stick, many don’t.
    Till it settles down and builds weekly frequency & reasonable connections, I’ll pass for now.

    1. tb Avatar
      tb

      Say you don’t understand the business model without saying it…

      1. Exit Row Seat Avatar
        Exit Row Seat

        The business model is to please David Neeleman and his investors with pump and dump revenue leading to an inflated IPO.
        Passengers are an necessary evil in this financial engineering.

  5. Bruce C Avatar
    Bruce C

    It would be interesting to see an historical record of the cities Breeze has entered over the years and subsequently exited. Being a former (now retired) airline manager, I understand testing markets but I would think at some point, the hopscotch of here today gone tomorrow routes ends up leaving a lot of disappointed ticket holders and a confused market place.

    1. Brett Avatar

      Bruce C – I’ve actually done this work for something else. Breeze exited a lot in its early days as it tried to find its way, but that has slowed down dramatically. And it was more about exiting routes than cities. It has only exited 6 cities in total with one — San Antonio — having already been returned to. The others are OKC, BNA, TUL, BFM, and PBG.

      As for routes, in 2023 it added 74 new routes and exited 24 which was a huge peak. By 2025, it had added 63 new routes and exited 11, so it is calming down now and becoming much more stable.

      1. JT8D Avatar
        JT8D

        Breeze, the last time I checked, played far less hopscotch than Avelo.

        It’s impressive how focused Breeze has been on its business model, but it’s less clear that’s good thing. My recollection is its accumulated losses since startup are about $600 million and that is an emormous amount of money to create an at-best breakeven airline. Its balance sheet is unbelievably leveraged – a testament, if nothing else, to the abilities of David Neeleman to keep finances this side of disaster.

        On the one hand, great to achieve break-even. On the other, if you had $600 million to spend, one might expect a better result than this.

        Is this really the highest and best use for a fleet of 50-60 snazzy new A220 aircraft?

  6. Kilroy Avatar
    Kilroy

    I’m surprised there aren’t more (U)LCC options out of Dayton. Breeze trying some flights from there seems like a worthwhile experiment.

    For those in the northern Cincinnati area suburbs (which is where many upper middle class people in the area live and work), DAY is about as quick and convenient to get to as CVG. For the right price, people from Columbus may also choose to fly out of Dayton.

    Also, when Delta had a hub at CVG and basically owned the airport, people in the Cincinnati area would often save money by driving to DAY and flying from there (with a connection in CVG) instead of flying nonstop from CVG to their destination. That was years ago, but people still remember doing it regularly, so flying out of DAY is still a valid option in the minds of many travelers in the area (if that makes sense).

    1. JT8D Avatar
      JT8D

      Dayton and Cinci are a great example of how poor infrastructure planning can really hurt.

      First of all, the state of Ohio was always unwise to allow Cinci’s airport to be put in a different state. All that economic activity benefits KY not OH. So there’s that. That was always a stupid decision by Ohio. Yeah, water long, long, long under the bridge, but man, that was just an outright gift on the part of OH to KY.

      But secondly, imagine if a Cinci airport had been placed between Cinci and Dayton (possibly a little closer to Cinci). Back in the day, it was all quite doable. But that airport would be backed by the metro populations of both Cinci and Dayton.

      As it is, the two airports kind of have the worst of all worlds – at the polar north/south ends of the Cinci-Dayton area, neither airport able to much benefit from the population of the other metro area.

      1. Kilroy Avatar
        Kilroy

        Cincinnati’s original airport was KLUK (aka “Sunken Lunken”, due to the frequent floods), but I see your point about CVG. I’d agree that a large airport in the right spot between Cincinnati and Dayton would be better for Ohio and probably even for the area overall.

        That said, there are a number of medium sized cities nearby, and if one is willing to drive up to ~2 hours from the Cincinnati metro area (which I have done, for the right price), Indianapolis, Louisville, Lexington, Dayton, and Columbus are all options.

        1. Dave at LEX Avatar
          Dave at LEX

          I’m one of the people who periodically drives up to CVG from Lexington to save money on a LEX fare.

  7. Anthony Avatar
    Anthony

    I don’t understand the logic of such a small airline flying to 85 destinations. It’s difficult to keep costs down that way. That’s 85 ground handling contracts, 85 fuel handling contracts, 85 airport leases. All to support only a couple flights a week. It also doesn’t allow the airline to be relevant to almost anyone. Who is the Baltimore traveler who will be swayed by Breeze’s 2 destinations twice a week? People won’t even know the airline is there. It seems to make more sense to enter a market and build out utility for a community, rather than sclerotic opportunity chasing.

    1. Brett Avatar

      Anthony – It’s all about finding markets that are unserved that work well with smaller airplanes. This is the model that creates opportunity. There are some focus cities, including RDU which has really come on as of late. But overall, this is the right way to do this. If it’s going to work, they’ll just have to deal with the inefficiencies.

    2. JT8D Avatar
      JT8D

      Allegiant has historically extremely successful with a similar strategy – small airports, served seldom. Or, for that matter, Ryanair.

      Ryanair, of course, has benefitted from subsidies US airports can’t hand out. But Allegiant hasn’t.

      Small airports can be chea to enter and exit and operate at, if you do it right. And of course there are quite a few ex-Allegiant people at Breeze so I assume its doing airports right. You try to contract with ground handlers already present, but if necessary, you do it yourself with part timers.

      If you’re in really small Allegiant-like markets you also get a lot of free media, because local media needs content.

      If you can make it work to one market, other markets can be cheap to start because you have the contact info for people who already fly you. If they’re willing to fly you to Vegas, maybe they’ll also fly you to Florida, etc.

      I am less convinced by markets like BWI than I am with smaller markets.

      1. mercure Avatar
        mercure

        Allegiant’s strategy has been pretty clear. Small cities connected to big destinations, using a secondary airport in the big destination, served seldom. Easy to understand and see the thinking.

        Ryanair uses small airports, but the service isnt seldom. On a relative basis, they have a lot fewer airports served than Breeze does. something like 200 airports served by their 650 aircraft vs. Breeze with 80 airports at 60 aircraft.

        Hard to pin down the Breeze strategy. Some small city service, some secondary airport service, and some unique medium city nonstop OD service.

      2. MarylandDavid Avatar
        MarylandDavid

        Breeze probably thinks that if Dulles works to Vero Beach than BWI can too. It’s the kind of market that Brett cites seems to be working for Breeze. It seems like for Breeze, flying between a large airport and a small airport that is very underserved can be a good strategy, in tandem with connecting two smaller airports. It’s all about finding opportunities. And maybe they’re getting data that enough people who are based in the Baltimore market are driving to DC to fly to Burlington Vermont so it’s worth adding less than weekly from BWI on smaller aircraft on that route. As a skier, I hope it sticks.

  8. George Romey Avatar
    George Romey

    Looking for underserved routes is akin to throwing darts at a dart board. But there isn’t the financial backing to see if a market can grow over time. So the ramp up period is very short and cuts are done quickly.

    1. JT8D Avatar
      JT8D

      My guess is Breeze, by now, has a pretty robust set of heuristics about what airports and routes will work, and which won’t. But, if you’re already at both endpoints, it’s super cheap to try a new route, so experimentation is really inexpensive.

  9. DesertGhost Avatar
    DesertGhost

    It’s quite possible that a laser focus on low unit costs doesn’t automatically result in profits. I’ve seen and heard it argued, here and elsewhere, that one reason ULCCs are struggling is that they have been acquiring larger and larger aircraft in the quest to lower their unit costs. However, all the seats on those larger aircraft have to be sold, so that has forced ULCCs to serve larger markets and go toe-to-toe with the legacies who have much more robust networks and schedules.

    1. tb Avatar
      tb

      Great point, and this explains a lot of what Breeze has done right. The A220 is absolutely the right aircraft at 137 seats. Breakeven has to be around 105 or so, thereby avoiding all that pressure of nearly 200 seats on a all-Y 321. That was part of the disaster for Spirit and now Frontier. With that many seats you can’t afford to fly around half full, so you are forced into major airports where the legacies eat your lunch. Breeze stays under the radar, out of the way, and other than PVU-DFW (which seems to have worked for both MXY and AAL) completely avoids direct confrontation with the Big 3.

  10. GRT Avatar
    GRT

    Usually you have markets identified, then you fleet-up to match the market demand. Those airlines tend to thrive all else equal.

    Airlines that often struggle are the ones that have a lot of fleet, and then seek out routes and markets to place them on, in a scatter-shot approach.

    Especially newer and therefore costlier aircraft (outside of Mx holiday).

    All of this is airlining 101 imho.

    Also, despite smaller A220s, I find it hard to believe LF’s can be sufficient enough at high enough yields in such small markets – esp for leisure travel, some of it likely price sensitive as you don’t have lots of wealthy people living in these 2nd and 3rd and 4th tier type of markets.

    Now, Allegiant does it well, but don’t have definitive proof Breeze is doing it. Also, I think Allegiant has a much thicker and more relevant ancillary product offering with strong take-up (eg rental cars if I’m not mistaken, etc).

    1. Bill from DC Avatar
      Bill from DC

      Your second paragraph would serve as a perfect epitaph on the Spirit headstone.

      1. GRT Avatar
        GRT

        Ha – yeah true.

        I prefer Avelo’s approach over Breeze. Slow but steady. Older aircraft first during initial let’s call it roughly a decade before the E2 fleet really starts to scale.

        And I’d argue a more conservative and sharp management team being (some) ex Allegiant.

        1. tb Avatar
          tb

          Would really be interested to hear a description of what Avelo is “doing right”. After the west coast debacle and the cash grab of the deportation flights, they seem to have completely lost the plot. I would argue they are flying the wrong routes with the wrong aircraft, while managing to alienate a ton of potential customers. And I’d take even odds that those E2’s will never wear Avelo colors.

          1. Bill from DC Avatar
            Bill from DC

            As an impartial observer, you both have solid points about Avelo.

            The good being the HVN bonanza and low initial aircraft cost.

            The bad being pretty much everything else. Although it’s interesting how many of their West coast routes were picked up by other carriers once they retreated.

            If LAL turns into LOL, I think they’re screwed.

          2. GRT Avatar
            GRT

            Agree on some of those points re network etc.

            However, being more conservative, with a smaller fleet, I’d argue they have had lower cash needs than Breeze, and therefore less debt.

            I view that – lower leverage – as a relative risk advantage versus Breeze, who, I’d reckon, had to add a lot more debt for a lot more aircraft.

            Re deportation flights, one could argue it was a shrewd temporary move by management to buttress their cash position, hence, the value of a sharp management team.

            Yes LAL will be absolutely key. I’ve spent recent time in that TPA-LAL-MCO corridor. I have no idea whether LAL will work. It is kinda halfway. They really got work on brand and marketing, but that costs $. I did however see a billboard on the interstate.

            1. Bill from DC Avatar
              Bill from DC

              Billboards on I-4 are a great investment as stopped traffic has plenty of time to read them.

  11. Quartermouse Avatar
    Quartermouse

    I am a huge fan of Breeze. Right now, they offer the only non-stop between SFO & CVG. As a person who flies back to Cincy once a year, this is a life & time saver. Wish they would also look at flying out of SMF. I live between the Bay Area & SMF and will gladly pay a little more in order to avoid any of the Bay Area airports.

    1. GRT Avatar
      GRT

      SMF would be great. Lots of growth ahead at their airport IMHO with capital investment projects plus shift of substantial parts of the Bay area population that way (east of SF and deep into Sacramento county).

    2. Jason Avatar
      Jason

      My parents live in Louisville but we have a lot of family in the SF-Bay area. The Breeze nonstops have been a boon for them. Use to always have to connect, but now it’s easy to fly nonstop and they’re willing to be flexible on their days to take the nonstops.

  12. Loopy Avatar
    Loopy

    another vote for more Breeze in the greater SF Bay Area.

    1. 1990 Avatar
      1990

      Wild that Breeze actually flies from SFO, and not OAK or SJC (and is all-over LA-area airports). But in the greater-NYC-area, they’ve been at EWR, HPN, ISP, and SWF, but not LGA or JFK. Just saying, if they’re focus is secondary or tertiary markets, kinda surprising that they’re at SFO, LAX, and EWR, though, very limited options from EWR. Like, MCO (makes sense), or CRW (West Virginia? Really? Good for them, I guess. Gotta be low yields, though.)

  13. Matt Avatar
    Matt

    I lived in Vero for a couple of years and liked it a lot. It is definitely a somewhat overlooked Florida gem (unless you’re a Dodgers fan of a certain age). The constraint is going to be the terminal there. It is tiny and there’s not a lot of local appetite for expansion. It looks like Breeze is going to get as much as they can out of it though.

  14. Michael B Avatar
    Michael B

    One thing Breeze has is very low labor costs as most of their employees are on the lower end of the seniority ladder. That will change over time just like it has at every other airline Neeleman has started. The airplanes start aging, seniority driven pay raises occur, and unions come on property. While costs are low, the iron is hot to figure out what works and what doesn’t. The only way to keep unit costs low is to keep growing and flying more with new planes and lower paid employees. The music eventually stops and there needs to be a long term strategy – or maybe not. Could Neeleman’s play be to make a fortune for his team and investors during the growing years and leave just at the right moment? We’ll see…

  15. Erik Avatar

    Hey Breeze, you like little airports? How about one surrounded by tourist destinations and big tech companies?

    Breeze, come on down to Carlsbad, CA (CLD). Your E190s will do nicely. Your A220s might even work if you don’t fly them full!

    UA and AA resumed service in CLD over the past year and are charging crazy amounts for tickets to Denver, SF, and Phoenix. You already do a lot more than UA and AA for onboard experience, now show them a thing or two about pricing — and take us to LAS, SMF, OAK, SJC, and beyond.

  16. Jason Avatar
    Jason

    With TKI/DTX opening in November 2026 and Avelo announcing its first routes the next question is will Breeze quickly abandon its single daily Provo DFW flight for the new much cheaper McKinley airport?

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