Budget Carrier Startup Avelo Airlines Launches With $19 Fares
Avelo Airlines, a start-up low-cost airline, will begin service on April 28th from its base at Hollywood Burbank Airport in California.
What happens: The start-up airline offers smaller airports at 11 locations on the west coast non-stop flights with Boeing 737-800 aircraft with 189 seats and 189 seats. To start its service, Avelo is offering a promotion with one-way tariffs starting at $ 19.
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"After more than 20 years of shrinking consumer choice, the American airline industry wants and deserves more options and lower fares," said Andrew Levy, Founder and CEO of Avelo, former Chief Financial Officer of United Airlines Holdings Inc (NYSE: UAL) and former President, Chief Financial Officer and Chief Operating Officer at Allegiant Travel Company (NASDAQ: ALGT).
Related Link: French Government Gives Sick Air France .7B Infusion: What You Need To Know
Why It Matters: Avelo is the second US start-up airline to launch this year and join Breeze Airways as a newcomer to the sky.
Avelo is also entering an industry that is more than eager to go beyond the financial trauma caused by the COVID-19 pandemic. Several major airlines have announced new routes and resumption of pandemic-paused services, and two companies - Frontier Airlines and Sun Country Airlines - have also announced plans to go public.
Related link: American Airlines Flight Encounters UFO over New Mexico
(Courtesy photo of Avelo Airlines)
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