Former JetBlue CEO David Neeleman, Founder Of Brazil's Azul Airline
Credit: Chris Ware/Bloomberg via Getty Images

The man who founded JetBlue wants to revolutionize U.S. airlines.

David Neeleman is raising funds to launch a new low-cost airline, called Moxy, Airline Weekly reports. Moxy could launch as soon as 2020, as soon it takes delivery of its first aircraft.

Moxy has big plans for thinking small. The airline will use Bombardier CS5300 aircraft to shuttle passengers between smaller airports, like Providence, Rhode Island; Hollywood Burbank Airport in Los Angeles; and Chicago’s Gary International Airport.

But unlike other budget airlines currently on the market, Moxy would offer perks like ample legroom and free Wi-Fi, according to The Points Guy.

Moxy has placed an order for 60 Bombardier CS5300 aircraft, according to Bloomberg. Capable of carrying 130 passengers, the lightweight carbon fiber plane was designed to service smaller airports. It offers “over 15% cash operating cost advantage, over 20% fuel burn advantage, exceptional operational flexibility, widebody comfort and an unmatched environmental and noise footprint,” according to the manufacturer.

By flying a fuel-efficient jet into smaller airports, Moxy would be able to cut costs (related to fuel consumption and wait times) and offer low airfare. Neeleman is also hoping to keep extra fees to a minimum, but could charge for snacks or seat assignments.

In addition to founding JetBlue in 2000, Neeleman has also been involved in launching Canada’s WestJet and TAP Air Portugal airlines.