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David Neeleman, who started JetBlue Airways Corp. with $100 million in 2000, is raising money to launch a low-cost carrier focused on secondary airports in the U.S., according to Airline Weekly.

The airline, to be called Moxy Airways, has secured orders for 60 Bombardier CS300 aircraft, the trade journal reported, citing people familiar with the matter. The first would arrive in 2020. Moxy is attempting to raise $100 million to begin services that year, the journal reported.

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Neeleman declined to comment, Airline Weekly said. He didn’t immediately return an email from Bloomberg News seeking comment early Monday. It’s unclear how far along the airline is in its development. Neeleman, 58, also helped to establish Morris Air, WestJet Airlines Ltd. and Brazil’s Azul SA.

Moxy is designed to maximize the economic advantages of the C Series, along with the use of smaller, secondary airports such as Providence, R.I.; Fort Worth, Tex.; and Burbank, Calif., Airline Weekly said. The advanced jetliner reduces fuel burn due to its modern engines and carbon-fibre fuselage.