Avelo Airlines was founded with a simple purpose - to Inspire Travel. The airline offers Customers time and money-saving convenience, very low fares, and a refreshingly smooth and caring experience through its Avelo Soul of Service culture. Operating a fleet of Boeing Next-Generation 737 aircraft, Avelo serves 19 popular destinations across the U.S., including its West Coast base at Los Angeles' Hollywood Burbank Airport (BUR) and its East Coast base at Tweed-New Haven Airport (HVN).
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 01/06/22 | $42,000,000 | Series B |
Morgan Stanley Tactical Value | undisclosed |
