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Breeze Airways

Airline/travel techUSA
✂️ Markdown
Peak $1.24 BillionToday
~-58%
from peak
  1. 🦄
    Became a unicorn
    2021
  2. 📈
    Peak valuation
    $1.24 Billion ’21
  3. 💔
    Became a Unitard
    ~2022
  4. 💸
    Last valuation
    ~$521M
Current status
Fallen unicorn est.

How it happened

Breeze Airways is a U.S. low-cost startup carrier founded by JetBlue's David Neeleman that reached a peak valuation near $1.24B around 2021. Tough conditions for travel and airline economics led third-party estimates (PitchBook) to mark it down roughly 58%, classifying it as a fallen unicorn while it continued operating privately.

Source: CNBC/PitchBook