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:
Row breaks out over sex education ban for underHush money trial: Trump asks New York court to intervene in fight over gag orderRose Zhang withdraws from LPGA tournament due to illnessFormer world champion Alaphilippe wins the hilly 12th stage of the Giro. Pogacar still leadsUniversity of California official says system has $32 billion in holdings targeted by protestersKing Charles' portrait painter Jonathan Yeo admits not everyone will like the 'fiery' paintingWindermere to wasteland: Raw sewage illegally pumped into Lake District beauty spotArmy reservist's family describes struggle to get help before mass shooting in MaineKing Charles' portrait painter Jonathan Yeo admits not everyone will like the 'fiery' paintingAfter slow start to IndyCar season, Arrow McLaren tries to get back on track at Indianapolis 500
2.7639s , 6604.8515625 kb
Copyright © 2024 Powered by Insider Q&A: Avelo Airlines CEO Andrew Levy describes the challenges of starting a new carrier ,International Insight news portal