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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, with emphasis on further developing its key base at Tweed-New Haven Airport (HVN).
Read Full Article: https://connecticutcentinal.com/business/2026/01/06/avelo-airlines-reiterates-long-term-commitment-to-connecticut/
