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:
Nikola Jokic's brother reportedly involved in altercation after NuggetsStoinis powers Lucknow to 6A legal challenge over the UK's role in arms sales to Israel will go aheadBritain's Kensington Palace releases image of Prince Louis to mark his 6th birthdayStarbucks vs federal labor agency: U.S. Supreme Court is set to hear oral arguments11 inmates face charges related to uprising at South Dakota prisonChicago woman convicted of killing, dismembering landlord, hiding some remains in freezerAnalysis: Golf has two dominant forces in Scheffler and Korda. It didn't happen overnightTesla's firstThese apps allow workers to get paid between paychecks. Experts say there are steep costs
3.2474s , 6498.15625 kb
Copyright © 2024 Powered by Insider Q&A: Avelo Airlines CEO Andrew Levy describes the challenges of starting a new carrier ,Stellar Stories news portal