A tiny low-cost airline you may not have heard of is expanding to 10 new cities. We asked its CEO what to expect. [Business Insider]
JetBlue Airways Corporation (JBLU)
Last jetblue airways corporation earnings: 1/23 07:00 am
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Source: Business Insider
As Avelo strives for its third profitable quarter, the CEO says the airline is focused on itself. When low-cost newcomer Avelo Airlines launched its first flight three years ago, it had just three Boeing 737 Next-Generation jetliners and served 11 West Coast destinations. It's since grown to 52 airports coast-to-coast and 16 aircraft, with four more planes expected by the end of 2024. The growing route map is helping Avelo rise in the ranks of US low-cost giants like Alaska Airlines as it chases its first full year of profitability after two high-earning quarters. Business Insider spoke to Avelo CEO Andrew Levy about what makes the growing airline different from other low-costs and what customers can expect on board its planes. New destinations and routes Since the airline's first flight from Burbank, California, to Sonoma County in the state's northern wine country, it has expanded its network to 77 routes across 52 destinations, Avelo spokesperson Jim Olson said. Over
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JBLU
Earnings
- 4/23/24 - Beat
JBLU
Sec Filings
- 5/1/24 - Form 4
- 5/1/24 - Form 4
- 5/1/24 - Form 4
- JBLU's page on the SEC website