Ultra Low Cost Carrier Streamlines Operations Amid Balance Sheet Transformation
Avelo Airlines, a US ultra-low-cost carrier, has announced plans to scale back its fleet and close several hubs in the United States. The airline will remove six Boeing 737-700 aircraft from its fleet and focus primarily on its 737-800 jets. Avelo will also streamline its network around four current bases, including New Haven Tweed, Wilmington New Castle, Concord Regional Airport, and Lakeland Linder. The airline will open a new base at McKinney National Airport in late 2026. According to a spokesperson, these changes will enable Avelo to focus on sustainably scaling its operations and prepare for growth in the coming years. The developments were reported by AeroTime.