Major Milestone: Avelo Airlines Turns First Profit

Posted on February 23, 2024 by Guest authors

Avelo Airlines has announced its first-ever profitable quarter since commencing operations almost three years ago. Revenue growth, cost discipline, and a busy Christmas period all contributed to the Q4 2023 milestone.

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Posted in aircraft, Avelo Airlines, Aviation News, Boeing 737, Financial Performance, profit, Ultra-Low-Cost Carrier

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