Who is avelo's largest shareholder?

With this additional significant investment, MSTV is now by far Avelo's largest shareholder. "The Morgan Stanley Tactical Value Investing Team is pleased to partner up once again with Avelo Airlines on their recent capital raise," said Tom Cahill, Managing Director and Co-Head of Morgan Stanley Tactical Value, and an Avelo board member.

How much does avelo Airlines cost?

Avelo Airlines will first fly between Burbank and another 11 destinations in the western U.S. Fares will start at $19 for one-way trips. The company will charge $10 to check your first bag and no change fees for flights. It also aims to inspire travel by serving smaller, underserved airports.

Is avelo Airlines on the Stock Exchange?

Avelo Airlines will start by operating three Boeing 737–800 planes. The company expects to increase to six planes by the end of 2021, according to Yahoo Finance. Avelo Airlines isn't on the stock exchange. Currently, Avelo Airlines isn't on the stock exchange. Levy started planning to found a new airline in 2018 when airline profits were higher.