US start-up airline Avelo raises $42 million in Series B funding
US-based start-up carrier Avelo Airlines has raised an additional $42 million in Series B funding, increasing its total capital base to over $160 million. In…
The United States is a prominent player in the global aviation industry, boasting a vast network of airlines, airports, and aerospace manufacturers. Its airspace is among the busiest in the world, accommodating a high volume of domestic and international flights. The nation is home to major aircraft manufacturers like Boeing and Lockheed Martin, contributing significantly to aircraft design, production, and technological advancements in the field. The Federal Aviation Administration (FAA) plays a crucial role in regulating and overseeing aviation safety, security, and air traffic management within the country.