I agree. We will see it in secondary and tertiary markets according to various articles I’ve read. Imagine “biggish” non-hub cities with enough cheap gate space - maybe PIT, CLE or MCI. With the versatile CS300 you could easily see route pairings like PIT-BUR or OAK-PBI.

Neeleman has talked about not competing directly with JB. Will be interesting to get more details - including a finalized name....

 

I could see AUS too. Strong tech base, educated population, inexpensive real estate, under-utilized, business and tax friendly state, etc.

IL (NY, CA...) are driving business away in droves.

 

Easy way to not step on JB's toes is focus on the westside.

 

AUS has no available gate space.

 

9 planes to start. Only need one gate.

 

Moxy has 60 firm orders for the A220/CS300 but will do a “sale and leaseback” transaction with a big lessor for the first 9 - this is a standard transaction for providing additional liquidity up front. Here’s the article talking about the leasing transaction:

https://worldairlinenews.com/2019/06/18/gecas-and-david-neeleman-agree-to-a-letter-of-intent-for-nine-airbus-a220-300-aircraft/?fbclid=IwAR3RHHwxjJz4AzZY2zaDZsxgKVfs2e1FlU-449LGQDjbbZeWKYkY5SOnSv4

Regarding Austin, nobody external to the business knows the route structure yet. All we know is that evidently many, many cities in secondary and tertiary markets have reached out to Moxy begging for airline service. There are many non-hub dots with 100,000+ people that could be connected on the map. Should be very interesting to watch and I hope we continue to get more information soon...

 

Anyone from hiring watching - PM me.

 

Gate space? Yeah, that'll stop Neeleman.

AUS wanted the business, so Allegiant was given terminal across the AUS ramp. Problem solved. Again, business-friendly cities like Austin, among others, don't allow trivial issues like gate space to preclude them from attracting commerce, transportation and employment opportunities. Imagine an airport authority explaining to the Mayor, City Council and Chamber of Commerce why an airline HQ was located elsewhere ...because of gate space.

Rest assured, AUS would be more than happy to make room for Moxy. Minor inconvenience for a guy that revolutionized the industry.

 

Glad to see Moxy gaining traction at the Paris Airshow! 2021 needs to come faster!


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Revolutionized. Certainly he's successful, but