Avelo Airlines Simplifies Its Network and Fleet Amidst 2026 Balance Sheet Transformation

HOUSTON, Jan. 6, 2026 /PRNewswire/ — Avelo Airlines has been recapitalized, and its cash position is now one of the strongest in the U.S. airline industry relative to its size. The airline will use this cash infusion and balance sheet strength to execute its long-term strategy. Avelo is streamlining its network around four current bases – New […]