Americas

Avelo Airlines reports first ever full-quarter profit

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Avelo Airlines reports first ever full-quarter profit

Avelo Airlines has completed 2023 with ‘strong year-over-year revenue growth’ as the airline records its first ever profitable quarter. Over the course of the year, the US airline flew 2.3 million passengers; generating $265 million in revenue (74% more than in the previous year). Despite ongoi...

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