Budget airline Avelo shutting down West Coast operations

Avelo Airlines, a budget carrier based in Texas, on Monday said it will shut down its West Coast operations at Hollywood Burbank Airport amid financial challenges.Avelo will reduce its operations at the airport to one aircraft until Dec. 2 before closing its Southern California base, which currently serves 13 routes, the airline said."We believe the continuation of service from [Burbank] in the current operating environment will not deliver adequate financial returns in a highly competitive backdrop," the company said in a statement.The airline said it will relocate its West Coast fleet to oth