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:
Pirates' Skenes pitches 6 noThe Dow closed above 40,000. What it means for your 401(k)What to expect in Georgia's state primariesNASCAR AllNelson Cruz hired by MLB as special adviser for baseball operationsDeath toll from south Brazil's climate disaster hits 151Romeo Beckham takes inspiration from his dad David AGAIN by sporting a bandana in new snapHezbollah leader vows continuous conflict with Israel to support GazaMichigan lawmakers get final revenue estimates as they push to finalize the state budgetNew Hampshire Senate tables bill inspired by state hospital shooting
3.105s , 6498.203125 kb
Copyright © 2024 Powered by Insider Q&A: Avelo Airlines CEO Andrew Levy describes the challenges of starting a new carrier ,Global Glimpse news portal