According to filings with the U.S. Securities and Exchange Commission, Avelo Airlines is raising $28,000,000.00 in new funding. Sources indicate as part of senior management Director, Robert Ashcroft played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Avelo Airlines
The Avelo story begins with a simple purpose to Inspire Travel. Led by a team of world-class airline executives, we endeavored to build a different and better kind of airline. On April 28, 2021, Avelo Airlines took flight for the first time — ushering in a new era of convenient, affordable and reliable air travel. We help you fly for less so you can fly more. That means more opportunities for you to connect with family and friends while exploring new places and revisiting old favorites. But we don’t just save you money. We fly out of smaller, more convenient airports, so we also save you time and hassle. Today, Avelo serves over 30 destinations across the U.S. from our bases at Los Angeles’ Hollywood Burbank Airport, Southern Connecticut’s Tweed-New Haven Airport, Fort Myers’ Southwest Florida International Airport and Orlando International Airport. That means more opportunities for you to connect with family and friends while exploring new places and revisiting old favorites. We look forward to welcoming you aboard so you can experience a smoother, simpler and more caring experience with Avelo.

To learn more about Avelo Airlines, visit https://www.aveloair.com/

Contact:
Robert Ashcroft, Director
346-299-5725

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