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:
Rational, personalized consumption gains popularity among youngstersOutbound tourism growth, inbound recovery projectedFirms listed on Shenzhen bourse see steady performance in 2023Push for more parental care leave gathers paceSpecialty agricultural products drive rural developmentNew productive forces play key role in growthTeyana Taylor shows off her toned figure in denimFirms listed on Shenzhen bourse see steady performance in 2023Harvest of renowned Longjing tea begins in east ChinaChinese scholar introduces nation’s human rights protection of the disabled at Human Rights Council
3.0731s , 6497.34375 kb
Copyright © 2024 Powered by Insider Q&A: Avelo Airlines CEO Andrew Levy describes the challenges of starting a new carrier ,Global Gaze news portal