Skybus Airlines - Financing

Financing

Skybus was financed by numerous high-profile companies nationwide and locally. As of April 2, 2007, Skybus had raised an estimated $160 million in startup capital which includes $72.7 million in their second round of fund raising. That was among the largest amounts of start-up funding in the history of airlines. By comparison, JetBlue Airways, which began operations in 1999, raised $130 million prior to starting ($157 million adjusted for inflation).