JetSuiteX (JSX) and its Founder Alex Wilcox

SOURCE www.yahoo.com
Wilcox founded JSX, a Dallas-based carrier offering convenience like a chartered plane at near business class prices. Despite rapid growth, competitors and regulators are challenging its practices and safety protocols. JSX plans to expand and potentially go public.

Key Points

  • Wilcox founded JSX based on a loophole in FAA regulations
  • JSX aims to provide a high-end travel experience at a lower price point
  • Competitors and regulators are challenging JSX's practices and safety protocols
  • JSX plans to expand its fleet and offerings in the coming years
  • Potential plans for going public in the future

Pros

  • Offers convenience like a chartered plane at near business class prices
  • Fueled growth and expansion in a competitive airline industry

Cons

  • Facing challenges from competitors and regulators over safety protocols
  • Potential rule changes could make flying with JSX more onerous