Insider Q&A: Avelo Airlines CEO Andrew Levy describes the challenges of starting a new carrier
Time:2024-05-21 12:53:46 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:US overdose deaths dropped in 2023, the first time since 2018
Next:Verona confirms Serie A status for another year after beating Salernitana
You may also like
- Kevin Pillar gets 1,000th career hit in Angels' win at Texas
- China urges the U.S. to correct its wrongdoing against Chinese students
- European stocks drop as ECB hikes rates
- Xi Focus: Xi's 2024 New Year Message Highlights Confidence, People, Global Vision
- Who is Jacob Zuma, the former South African president disqualified from next week's election?
- China strong supporter of multilateral trading system, says WTO director
- Retired general Pavel wins Czech presidential election
- Comicomment: 'Summit for Democracy' not about democracy
- Saudi Arabia is going to sponsor the WTA women's tennis rankings under a new partnership