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:
Xi Holds Talks with Lao PresidentXi Meets with King Salman bin Abdulaziz Al Saud of Saudi ArabiaXi's Speech to Be PublishedXi Says Ready to Strengthen ChinaChina Ready to Coordinate with New Zealand for Peace, Stability in Pacific Islands Region, Says XiJiang Zemin Passes AwayXi Calls for Free, Open Trade at APEC Economic Leaders' MeetingXi Calls for Solidarity to Build AsiaChina reaps fruits far beyond iceBeijing 2022 Big Air champion Su dominant in China's National Winter Games
3.0714s , 6504.578125 kb
Copyright © 2024 Powered by Insider Q&A: Avelo Airlines CEO Andrew Levy describes the challenges of starting a new carrier ,Culture Compass news portal