Two thermotropic liquid crystalline polyesters (TLCPs) with long flexible spacer groups in the main chain were prepared by melt polymerization: one was a homopolymer with only decane groups (LCPHO) and the other was a copolymer with hexane or decane groups (LCPCO) between mesogen units. These polyesters were blended with a matrix polymer of poly(ethylene terephthalate) (PET). Scanning electron microscopy (SEM) revealed the excellent interfacial adhesion between polyester and PET, and the large aspect ratio of polyester microfibrils in the blend fiber made by extruding and drawing the blend through a die. The aspect ratio was estimated by using the modified Halpin-Tsai equation. The fiber with LCPHO showed more extensive fibril formation than that with LCPCO.