![Avelo Boeing 737](/sites/default/files/styles/crop_freeform/public/2022-01/avelo_boeing_737_avelo_airlines.jpg?itok=4fN4KPPY)
Credit: Avelo Airlines
Startup ULCC Avelo Airlines announced that it raised $42 million in Series B funding, increasing its base of invested capital to over $160 million. The funding round was led by an investment fund managed by Morgan Stanley Tactical Value, which injected an additional $30 million beyond its previous...
Subscription Required
Startup Avelo Raises $42M In Series B Funding is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.