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:
UN calls for probe into mass graves at Shifa and Nasser hospitals in GazaWebb Simpson offers to resign from PGA Tour board. But only if McIlroy replaces him, AP source saysAuthorities in Togo are cracking down on media and the opposition, report says ahead of electionJelly Roll hits the gym amid his plans to lose 250lbsPGA Tour players learn how much loyalty is worth in new equity programJennifer Lopez stuns in an allIndigenous group detains 12 alleged gold miners in Amazon and hands them over to Brazilian policeNFL star Tyreek Hill hints he has TEN kids in new interview and insists he takes care of them allBiden picks up another big union endorsement, this one from building trades workersMan United 4
1.9954s , 6515.28125 kb
Copyright © 2024 Powered by Insider Q&A: Avelo Airlines CEO Andrew Levy describes the challenges of starting a new carrier ,World Weave news portal