JetBlue Founder Raising Funds for New U.S. Airline

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JetBlue Founder Raising Funds for New U.S. Airline

Postby Greg on Tue Jun 19, 2018 3:10 pm

After a decade of industry consolidation, David Neeleman, one of aviation’s famed entrepreneurs, sees room for a new low-cost U.S. airline focused on reducing travel hassles by using smaller airports, according to two industry reports.

The proposed airline, currently dubbed Moxy Airways, has secured orders for 60 CS300 aircraft from Canada’s Bombardier Inc., and is raising $100 million to begin flying in 2020, Airline Weekly reported late Sunday, citing people familiar with the matter.

Moxy is designed to maximize the economic advantages of the C Series jets, along with the use of smaller, secondary airports such as Providence, Rhode Island; Fort Worth, Texas; and Burbank, California, Airline Weekly said.

Bloomberg

Could Fort Worth Meacham see service in the future?
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