Airline Financial of the present days 05-20-2002 Most Heavily Capitalized Startup In U History Volume: 22 Number: 19 ISSN: 10405410 Publication Date: 05-20-2002 Page: 1 Type: Periodical Language: English With $130 million in initial funding.
With $130 million in initial funding, JetBlue Airways (JBLU) was the most numerous heavily capitalized startup airline in the history of the United States when it began service in February 2000 according to a May 10 analysis through Raymond James & Associates.
It notes that JetBlue's David Neeleman had raised initial capital primarily from investors that included George Soros, Weston Presidio and the