Insider Q&A: Avelo Airlines CEO Andrew Levy describes the challenges of starting a new carrier
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
A warrant for Netanyahu’s arrest was requested. But no decision was made about whether to issue it
CLAIM: The International Criminal Court issued an arrest warrant for Israeli Prime Minister Benjamin2024-05-21Best of geology, topography, botany & anthropology
A shot of Bajiaozhai scenic zone as seen from the Ziyuan county side, Guangxi Zhuang autonomous regi2024-05-21- The FIFA World Cup qualifier against Singapore will be a tough test for China, newly-appointed head2024-05-21
Texas Rangers score 10 runs in second inning, beat Oakland Athletics 15
OAKLAND, Calif. (AP) — Marcus Semien had four hits and five RBIs, and the Texas Rangers scored 10 ti2024-05-21Children are evacuated from school 'during an exam' after threat made via email
Children have been evacuated from a school with Year 11 students told to leave mid-exam after a thre2024-05-21Alves granted €1m bail after sexual assault conviction
Former FC Barcelona and Brazil full back Dani Alves is to be released from jail after a court in Bar2024-05-21
atest comment