Insider Q&A: Avelo Airlines CEO Andrew Levy describes the challenges of starting a new carrier
Time:2024-05-21 09:42:51 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 Latest
You may also like
- Who is Jacob Zuma, the former South African president disqualified from next week's election?
- New video of 'human bear' waving emerges as expert weighs in with verdict
- Clarifications and corrections
- VOX POPULI: ‘Dandara’ puns still entertain amid destroyed shops of Wajima
- ‘The Blue Angels,’ filmed for IMAX, puts viewers in the ‘box’ with the elite flying squad
- HKFP Lens: Hong Kong photographers document their last moments in the city
- Beijing confirms missing Taiwan publisher Li Yanhe is under national security investigation
- China news: July exports tumble by double digits, adding to pressure to shore up flagging economy
- Georgia Republicans choose Amy Kremer, organizer of pro