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Plans for new US low-cost airline
The founder of US low-cost airline JetBlue Airways is planning to launch another budget carrier in the US.
David Neeleman is looking to raise about $100 million to get it off the ground, according to reports.
JetBlue seats
The airline will be called Moxy Airways and will focus on point to point services between under-served secondary airports in the US.
It has apparently agreed orders for 60 Bombardier CS300 aircraft, to be delivered from 2020.
Described as a serial entrepreneur, Neeleman helped to establish WestJet Airlines and Azul in Brazil.
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