
Avelo Airlines today announced it is bolstering pilot compensation to attract and retain world class aviators โ elevating first-year pay by nearly 50% for Captains and by nearly 30% for First Officers. The enhanced pay scale offers the highest first-year Captain and First Officer pay rates in the Ultra-Low-Cost Carrier (ULCC) and regional carrier sectors of the U.S. airline industry.
Avelo expects to add an additional 120 pilots in 2022. In addition to hiring First Officers, for a limited time qualified pilots may be immediately hired as Captains.
“We’re committed to attracting and retaining the industry’s best pilots,” said Avelo Chairman and CEOย Andrew Levy. “In addition to our enhanced pay scale, Avelo supports quality of life initiatives such as an additionalย $1,800ย per month to help offset the cost of commuting. And, if a pilot chooses to live in base, they’ll keep theย $1,800ย per month.”
The first-year Captain hourly pay rate increases fromย $135ย toย $200. Under the new scale, at five years of service Avelo Captains will earnย $220ย per hour. The first-year hourly pay rate for First Officers increases fromย $70ย toย $90ย with an hourly rate ofย $140ย at five years of service.
|
Year
|
Captain
|
First Officer
|
|
1
|
$200
|
$90
|
|
2
|
$205
|
$110
|
|
3
|
$210
|
$120
|
|
4
|
$215
|
$130
|
|
5
|
$220
|
$140
|
The new pay scale is effectiveย February 1, 2022, for current and future Avelo pilots.
In addition to increasing the pilot pay scale, the airline is offering aย $20,000ย sign-on bonus to new pilots hired beforeย June 1, 2022. An initialย $5,000ย is paid after the pilot completes their orientation trips and the remainingย $15,000ย is paid at the completion of their first year with the company. The bonus is available to Captains and First Officers.
Additional benefits include:
- $1,800ย virtual base stipend (paid monthly upon completion of orientation trips) to offset commuting costs โ paid to all pilots whether they commute or live in base
- For pilots who prefer to sleep at home every night โ all scheduled Avelo flights start and return to their base each day
- Training pay ofย $6,300ย per month (min guarantee at year-one First Officer rate)
- Training hotel is provided by Avelo
- Initial uniform and ongoing uniform allowance
- Full Cockpit Access Security System (CASS), Known Crewmember (KCM) program and jump seat agreements
- Premium pay of 125% of base hourly rate paid to pilots working over 75 block hours per month
- Day off flying is paid at 125% of base hourly rate on top of guarantee
- Guarantee 70 hours per month
- $2.25ย per diem
- High seniority from day one
- Quick upgrade to Captain for pilots meeting the qualification of 14 CFR 121.436
- 401Kย retirement program
- Company-subsidized health, vision and dental coverage
- Meaningful profit-sharing when Avelo meets initial profitability threshold
At basic guarantee, new pilots in their first year will earnย $209,600ย for a Captain andย $117,200ย for a First Officer (includes sign-on bonus and virtual base stipend). Avelo is accepting applications for Captains and First Officers atย aveloair.com/careers.
“At Avelo Airlines, pilots hire pilots,” said Avelo Chief Operating Officer Captainย Greg Baden. “We encourage pilots at any stage in their professional career to apply.”

Avelo Aircraft and Bases
Avelo currently operates six Boeing Next-Generation (NG) 737 mainline jetliners. Three 147-seat 737-700s operate between Avelo’s East Coast base atย Southern Connecticut’sย Tweed-New Haven Airport (HVN) and sixย Floridaย destinations. Additionally, three 189-seat 737-800s operate between Avelo’s West Coast base atย Los Angeles’ย Hollywood Burbank Airport (BUR) and 10 destinations in the Western U.S.
Avelo has commitments for nine additional 737 NGs that the airline expects will be delivered by the end of this year โ expanding Avelo’s fleet to 15 aircraft. With the arrival of these additional aircraft, Avelo anticipates serving at least 40 destinations across the U.S. by the end of 2022 and establishing more bases in the future.
Strong Financial Backing and Experienced Leadership
Earlier this month, Avelo announced it raisedย $42 millionย in Series B funding โ including aย $30 millionย investment by Morgan Stanley Tactical Value. This second-round offering increased the company’s invested capital base to overย $160 million.
Levy added, “This investment strengthened our already healthy balance sheet and is a huge vote of confidence in the opportunity ahead of us. Our exceptional pilots play a critical role in Avelo’s future and we look forward to welcoming many more to the company in the months and years ahead. This is an incredible opportunity to join one of the most exciting airline stories in more than a decade.”
Avelo’s leadership team embodies more than 200 years of collective aviation experience. As co-founder and president of Allegiant Air โ one of the nation’s most successful airlines โ and former CFO of United Airlines, Levy brings a proven track record of profitably leading airlines from startup to scale. Levy has also served on Copa Airlines’ board of directors since 2016. In addition to Allegiant and United, Avelo’s leadership team includes former senior executives from Delta Air Lines, Hawaiian Airlines, JetBlue Airways, Northwest Airlines, Spirit Airlines and US Airways, including:
- Captainย Greg Baden, Chief Operating Officer:ย Capt. Baden previously served as VP of Flight Operations at Allegiant, Managing Director of Flying at Delta, and Managing Director of Flight Operations and Chief Pilot at Northwest Orient / Northwest.
- Captainย Andrew Lotter, Head of Flight Operations:ย Capt. Lotter previously served as Chief Operating Officer at XTRA Airways, Chief Pilot at Republic Holdings and President of Ameriflight.
- Captainย Michael Quiello, Head of Safety, Security and Operational Excellence:ย Capt. Quiello previously served as VP of Corporate Safety at United Airlines and VP of Corporate Safety, Security and Environment at Delta Air Lines.

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