Brazilian American entrepreneur David Neeleman has established yet another start-up carrier in the United States. According to a presentation seen by Airline Weekly, Moxy Airways, as the start-up is provisionally known, will operate in the low-cost segment using AC?CS3s to serve smaller US airfields.

Moxy is backed by USD100 million in initial funding with Neeleman, former Air Canada CEO Bob Milton, and former ILFC CEO Henri Courpron all contributing funds.

No further details were disclosed with Neeleman himself declining to comment on the report.

Neeleman has co-founded four commercial airlines, namely Morris Air, WestJet, jetBlue Airways, and Azul Linhas Aéreas Brasileiras, and has also been linked to Azura Airways, a VIP passenger charter specialist which plans to use premium-configured CRJ-200s.