BlackRock and Knighthead Capital led a $200m Series B funding round in Breeze Airways.

BlackRock and Knighthead Capital led a $200m Series B funding round in Breeze Airways, a provider of airline services intended to make the travel experience better for passengers. Other investors include Peterson Partners and Sandlot Partners. “Welcoming funds and accounts managed by BlackRock and Knighthead and additional funding from our existing investors further validates our business strategy to offer new nonstop flights at reduced fares between smaller cities where the Guest’s only choice today is a lengthy connecting flight through a large hub airport,” David Neeleman, Breeze Co-Founder and CEO.