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:
World told to brace for 'severe geomagnetic storm' todayA bus plunges off a bridge in the Russian city of St. Petersburg, killing 3 and injuring 6 othersInside a makeshift shelter saving hundreds of dogs from floods in southern BrazilVeteran Costco worker reveals the ten best items up for grabs this monthChina's Xi leaves Hungary as he concludes a 5Malta’s deputy prime minister resigns, ends EU Commission bid, as he faces charges in hospital dealIraqi government asks the United Nations to wind down its political mission in the countryJust Stop Oil ecoAngelina Jolie is accused of sabotaging her six kids' relationship with Brad PittBritish Gas boss says smart meters could be forced into every home to help meet net zero targets
2.2449s , 5230.4453125 kb
Copyright © 2024 Powered by Insider Q&A: Avelo Airlines CEO Andrew Levy describes the challenges of starting a new carrier ,World Window news portal