Insider Q&A: Avelo Airlines CEO Andrew Levy describes the challenges of starting a new carrier
Time:2024-05-21 11:06:15 Source:businessViews(143)
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).
Previous:‘The Blue Angels,’ filmed for IMAX, puts viewers in the ‘box’ with the elite flying squad
Next:Ship that caused Baltimore bridge collapse has been refloated
You may also like
- Investigators return to Long Island home of Gilgo Beach serial killing suspect
- Barges break loose on Ohio River in Pittsburgh, damaging a marina and striking a bridge
- China sets 2024 GDP growth target at around 5%, showing confidence in economic recovery
- New Zealand's dairy giant looks to expand business in China
- Ben Whishaw lights up the Croisette as he joins his co
- China's Xiaomi releases its first self
- Demand recovery to be priority
- Xizang reports robust foreign trade growth in Jan
- The government wants to buy their flood