AVELO AIRLINES

Stephen Costley January 08, 2026

AVELO AIRLINES has been recapitalized to execute long-term strategy of closing bases at Mesa, Raleigh-Durham and Wilmington in favor of operating out of New Haven, Philadelphia/Delaware Valley, Charlotte/Concord, Central Florida/Lakeland and (new) Dallas/McKinney. It is also removing six 737-700s...

Stephen Costley

Steve Costley is responsible for the overall production SpeedNews. Steve has over 30 years of experience with SpeedNews, now part of the Aviation Week Network. He joined the company in August 1989 as an Associate Editor and was named Managing Editor in 1994. He was also named Vice President and Chief Operating Officer of SpeedNews, Inc., in the late 1990s, and held those titles until Prism Business Media acquired the company from Gil Speed in 2006.

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