New airline offering private jet experience for insanely low prices — earning them plenty of industry critics

An airline company is offering the private jet experience at business-class prices — and it’s earning them plenty of industry enemies.

JSX, a Dallas-based carrier, is exploiting a loophole in US Federal Aviation Administration regulations that would allow the company to sell single-seat tickets for scheduled charter planes for affordable prices and much quicker security checks.

“I spent months without sleep, just looking at all the rules, looking for ways why it couldn’t be done,” co-founder Alex Wilcox told Bloomberg.

While charter planes are not subject to the same strenuous safety and security requirements as passenger planes with more than nine seats, FAA rules prevent them from specifying flight times or cities or selling single tickets.

To overcome the stringent rules, the entrepreneur created two companies that would work together: one makes flight schedules and sells tickets while the second flies the plane on specified routes at set times and dates.

The loophole also allows JSX to sell tickets at a much lower price point than private jet competitors.