Florida-based Avatar Airlines has announced plans to launch a cost-efficient, well-capitalized airline, the company said.
Avatar Airlines has no debt, few expenses and is expected to fly in mid-2021.
Avatar said it plans to revolutionize the low-cost airline business by transforming the traditional long-haul 747 Queen of the Skies into a cost-efficient supersized airframe of the future while passing the savings on to its passengers. Avatar´s strategy is to be well-capitalized, profitable and debt-free with a financial plan expected to be worth over a billion dollars before the first flight leaves the ground.
Avatar has already recruited a skilled management team and continues to aggressively hire additional employees during this time of unprecedented layoffs.