It’s not easy to break into the U.S. airline industry, which is dominated by four big carriers and a sprinkling of other niche players, but that didn’t scare away Andrew Levy.
Neither did a pandemic that briefly caused air travel to plummet more than 90%.
In April 2021, while COVID-19 still raged and billions of dollars from taxpayers were propping up big airlines, Levy launched Avelo Airlines with flights between Burbank, California, and Las Vegas.
The airline saves money by flying older Boeing 737 jets that can be bought at relatively low prices. It operates out of less-crowded and less-costly secondary airports, and flies routes that are ignored by the big airlines.
Levy was involved in the launch of ValuJet, which became Allegiant Air, and he also did a stint as the chief financial officer of United Airlines before starting Avelo (it rhymes with yellow).
Related articles:
Related suggestion:
Mainland urges Taiwan to return to 1992 Consensus to resume dialogueMarried teacher caught naked in car with male student, 17, is the wife of HarvardJunta shelling, airstrikes kill 25 Rohingyas in Myanmar’s Rakhine state — Radio Free AsiaChina activates LevelZion Williamson, at long last, set to suit up for the Pelicans in the NBA postseasonJudge awards $23.5 million to undercover St. Louis officer beaten by colleagues during protestShanghai to build complete care system for children with autism by 2027DR MAX PEMBERTON: Why Joe Wicks is WRONG about diet and the real reason children are getting ADHDMaine is the latest to join an interstate compact to elect the president by popular voteChina's Han River sees first flood of 2024
2.7067s , 6515.28125 kb
Copyright © 2024 Powered by Insider Q&A: Avelo Airlines CEO Andrew Levy describes the challenges of starting a new carrier ,Culture Corner news portal