JetBlue founder may launch new U.S. startup ‘Moxy’ next year

Sep 12, 2019

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

JetBlue Airways founder David Neeleman does not want to wait to launch his next airline venture.

The U.S.-based carrier, temporarily called Moxy, aims to launch with up to 30 used Embraer E-Jets from Neeleman’s Brazilian carrier Azul in 2020, reported The Air Current Thursday. Air Current editor Jon Ostrower spoke with Neeleman at the delivery of the first E195-E2 to Azul at Embraer’s facility in São José dos Campos, Brazil.

Related: JetBlue’s Founder May Start a New US Airline

Azul, which Neeleman founded in 2008 after stepping down at JetBlue, plans to replace E190s and E195s with its new E195-E2s. The Brazilian carrier expects six E2s by year end, and another 14 in 2020, its latest investor presentation shows.

David Neeleman (left) at the delivery of Azul
David Neeleman (left) at the delivery of Azul’s first E195-E2. (Photo courtesy of Embraer)

Related: Embraer delivers the first E195-E2, to Azul

Moxy has previously aimed to launch in 2021 when it is scheduled to begin taking delivery of new Airbus A220-300 jets. The airline has 60 aircraft on order.

A 2020 launch is far from certain. Moxy has yet to secure an Air Operator Certificate from the U.S. Federal Aviation Administration, something the airline needs before it can begin to operate commercial passenger flights.

The certification process has proven a stumbling block to other recent U.S. startups. However, Neeleman is no stranger to the process having set up both JetBlue and Morris Air — which Southwest Airlines bought in 1994 — in the U.S.

Neeleman has previously described Moxy as a “technology company that happens to fly airplanes,” touting a focus on using technology for customer service. The airline plans to serve secondary markets that do not have nonstop service today.

Featured image by Luiz Souza/NurPhoto via Getty Images.

2018 TPG Award Winner: Mid-Tier Card of the Year
Chase Sapphire Preferred® Card

NEW INCREASED OFFER: 60,000 Points

TPG'S BONUS VALUATION*: $1,200

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
More Things to Know
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • No foreign transaction fees
Intro APR on Purchases
N/A
Regular APR
17.99% - 24.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.