Avelo Airlines, Inc.

https://www.aveloair.com/

Avelo Airlines is an American ultra low-cost carrier headquartered in Houston, Texas. Its core mission is to "Inspire Travel" by offering customers time and money-saving convenience, surprisingly low everyday fares, and a smooth and caring travel experience. The airline's headquarters are located at 12 Greenway Plaza, Suite 400, Houston, TX 77046.

Avelo Airlines provides scheduled domestic flights, primarily focusing on point-to-point routes to underserved markets and smaller, more convenient airports across the United States. The airline operates a fleet of Boeing Next Generation 737 aircraft. Key services include everyday low fares, with optional add-ons such as checked bags, carry-on bags, priority boarding, and various seating options including Standard, Stretch, and Stretch+. The airline primarily targets B2C leisure travelers and those visiting friends and relatives (VFR), particularly Millennials and Active Retirees, and also serves a growing segment of small business owners in regional markets.

Founded by Andrew Levy, who serves as Chairman and CEO, Avelo Airlines celebrated its fifth anniversary on April 28, 2026, having flown over 9.3 million customers and operated more than 74,000 flights since its inception. The airline has demonstrated strong operational reliability, ranking in the top three for on-time performance and cancellation rate in 2025. Avelo posted its first profit in the fourth quarter of 2023 and anticipates profitability in 2024. Recent developments include an order for up to 100 Embraer 195-E2 aircraft, making it the first U.S. airline to operate this model, with deliveries expected to begin in 2028. Avelo also recently secured significant funding to support its continued expansion into domestic and Caribbean markets and plans to open a fifth base at North Dallas's McKinney National Airport in late 2026.

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CID: 1561