Avelo Airlines today announced it is bolstering pilot compensation to attract and retain world class aviators — elevating first-year pay by nearly 50% for Captains and by nearly 30% for First Officers. The enhanced pay scale offers the highest first-year Captain and First Officer pay rates in the Ultra-Low-Cost Carrier (ULCC) and regional carrier sectors […]
Avelo Airlines, which became America’s newest mainline airline in nearly 15 years when it took flight last April, today announced it raised $42 million in Series B funding. This second-round offering increases Avelo’s invested capital base to over $160 million. Avelo raised approximately $125 million in January 2020. The Series B shares sold at a significant premium to the original Series […]
Avelo Airlines trip report and route changes, conversation with the CEO of Crew Dog Electronics. Also, Piedmont pilots eligible for bonuses, FAA Zero Tolerance for Unruly and Dangerous Behavior Toolkit, late-night TV hosts roast Delta Air Lines, Southwest Airlines cuts flights.
