AP
JetBlue, WestJet, and Azul founder David Neeleman.
- JetBlue founder David Neeleman is reportedly launching a new US-based low-cost airline called Moxy.
- According to Airline Weekly, Moxy has secured an order for 60 Bombardier CS300 airliner.
- Neeleman's new airline plans to commence service in 2020 and is expected to have all 60 of its CS300 in the fleet by 2024.
- The airline is set to connect major metropolitan areas using smaller, secondary airports.
- Moxy is currently working to raise $100 million in startup capital.
JetBlue founder David Neeleman is reportedly launching another low-cost airline in the US. According to trade publication Airline Weekly, Neeleman's new venture is to be called Moxy and will be aimed at smaller secondary airports.
Moxy has already placed orders for 60 Bombardier CS300 airliners and is working to raise $100 million, Airline Weekly reported citing people familiar with the venture.
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Neeleman was not immediately available for comment.
Airbus
A Bombardier CS300.
According to the trade journal, Moxy plans to commence service in 2020 when Bombardier delivers the first of its new airliners. All 60 Bombardier jets are expected to be delivered by 2024.
Moxy will target smaller, lower-cost, secondary airports located near major metropolitan transportation hubs. These include Stewart and Republic Airports near New York City as well as Gary, Indiana and Milwaukee, Wisconsin to service Chicago. Trenton, New Jersey, and Baltimore, Maryland are also prospective destinations.
Should Moxy get off the ground, it would be latest in a long line of airline endeavors for the Brazilian-American serial entrepreneur. Neeleman helped found a series of successful airlines over the past three decades including Morris Air, which was sold to Southwest Airlines, WestJet, JetBlue, and Azul. He's also currently running Portugal's national airline, TAP.
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