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|Subsidiaries||Volaris Costa Rica|
|Company slogan||Precios que te hacen viajar (Spanish) |
Get out of town prices (English)
|Parent company||Vuela Compañia de Aviación|
|Headquarters||Mexico City, Mexico|
Volaris, legally Concesionaria Vuela Compañía de Aviación, S.A.B. de C.V. (BMV: VOLARA, NYSE : VLRS), is a Mexican low-cost airline based in Santa Fe, Álvaro Obregón, Mexico City with its hubs in Guadalajara, Mexico City, and Tijuana, and focus cities in Cancún, León, Los Angeles, and Monterrey. It is the country's second largest airline after Aeroméxico and serves domestic and international destinations within the Americas. It is a leading competitor in the Mexican domestic airline market, with a market share of over 21% of domestic traffic.
The New York Stock Exchange is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately US$169 billion in 2013. The NYSE trading floor is located at 11 Wall Street and is composed of 21 rooms used for the facilitation of trading. A fifth trading room, located at 30 Broad Street, was closed in February 2007. The main building and the 11 Wall Street building were designated National Historic Landmarks in 1978.
Mexico City International Airport ; officially Aeropuerto Internacional Benito Juárez is an international airport that serves Greater Mexico City. It is Mexico's and Latin America's busiest airport by passenger traffic and aircraft movements. The airport sustains 35,000 jobs directly and around 15,000 indirectly in the immediate area. The airport is owned by Grupo Aeroportuario de la Ciudad de México and operated by Aeropuertos y Servicios Auxiliares, the government-owned corporation, which also operates 22 other airports throughout Mexico. In recent years Toluca Airport has become an alternate airport.
Tijuana International Airport, sometimes referred to as General Abelardo L. Rodríguez International Airport, in Tijuana, Baja California, Mexico, is Mexico's second northernmost airport after Mexicali International Airport. The airport is located in the city's Otay Centenario borough, just immediately south of the U.S border. It's one of the 25 busiest airports in Latin America, handling 7,835,100 passengers in 2018, and the fifth busiest in Mexico after Mexico City, Cancun, Guadalajara and Monterrey airports. The airport can handle up to 10 million passengers per year and 360 flights per day.
The pre-operations phase (founding of the legal entities and setting up of the required infrastructure) started in August 2005 under the name Vuela Airlines. Major initial shareholders of the company were Grupo Televisa (the world's biggest Spanish-language media conglomerate), Inbursa (an insurance company owned by multi billionaire Carlos Slim), TACA Airlines and the Discovery Americas Fund. Each of these partners invested 25% of the initial cost of activities, or 100 million USD. On July 2010,it was announced that Televisa and Inbursa had sold their stake in Volaris leaving the ownership of Volaris as follows: TACA Airlines with Roberto and Maria Cristina Kriete (50%), Investment fund Discovery Americas (over 25%) and Indigo Partners: Fund led by former America West CEO B. Franke.
A shareholder is an individual or institution that legally owns one or more shares of stock in a public or private corporation. Shareholders may be referred to as members of a corporation. Legally, a person is not a shareholder in a corporation until their name and other details are entered in the corporation‘s register of shareholders or members.
Inbursa is a financial company which, through its subsidiaries, provides banking and related services in Mexico. The company operates business lines in investment funds, general insurance, automobile insurance, mortgages, health insurance, retirement funds and commercial banking. The company is owned by Mexican billionaire Carlos Slim.
Carlos Slim Helú is a Mexican business magnate, engineer, investor and philanthropist. From 2010 to 2013, Slim was ranked as the richest person in the world by the Forbes business magazine. He derived his fortune from his extensive holdings in a considerable number of Mexican companies through his conglomerate, Grupo Carso. As of April 2019, he is the fifth-richest person in the world according to Forbes' listing of The World's Billionaires, with him and his family having a net worth estimated at $63.1 billion. He is the richest man in Mexico and Latin America.
Ticket sales started on January 12, 2006, and, following the delivery of the airline's first aircraft, the first (non-commercial) flight was operated in February 2006. Scheduled revenue flights were launched on March 13, 2006, with the inaugural flight having been operated from Toluca to Tijuana.
Initially, the airline avoided flying to Mexico City because of it being a congested and expensive airport. The airline took over several slots that had been owned by now-defunct Mexicana and its subsidiaries MexicanaClick and MexicanaLink, establishing service in September 2010. In March, 2011, it announced that its hub in Toluca would move to Guadalajara.
Compañía Mexicana de Aviación, S.A. de C.V. was Mexico's oldest airline and one of the oldest continuously single-branded airlines, and Mexico's biggest and flagship airline before ceasing operations on August 28, 2010. The group's closure was announced by the company's recently installed management team a short time after the group filed for Concurso Mercantil and US Chapter 15. On April 4, 2014, a judge declared Mexicana bankrupt and ordered to start selling off the company's assets to repay the airline's obligations. The headquarters of the company were in the Mexicana de Aviación Tower in Colonia del Valle, Benito Juárez, Mexico City.
MexicanaClick, formerly Click Mexicana, was Mexicana's regional operator, serving most of Mexicana's domestic routes between more than 25 Mexican cities. It was founded as a low-cost carrier, but changed its market to regional operations after its acquisition by Mexicana. Its main base was Mexico City International Airport.
MexicanaLink, a subsidiary of Mexicana, was a regional airline based in Guadalajara International Airport that operated as a feeder airline for both Mexicana and MexicanaClick. It operated into markets that were considered too thin to justify the use of larger aircraft. It was Mexicana's regional carrier, while MexicanaClick was a low-fare domestic airline competing against Interjet, Volaris, and VivaAerobus. MexicanaLink used to compete against Aeromar and Aeroméxico Connect.
On June 5, 2012, the airline launched a frequent flyer program called VClub.It is the membership program that provides special fares, offers, last minute travel deals and other perks. Customers can save up to 40% using the VClub membership. On June 6, 2012, PayPal became a payment alternative for the airline, enabling customers to purchase tickets directly from the airline's website. On September 17, 2012, Volaris announced a codeshare partnership with a German airline, Condor. Passengers of Condor are able to fly to more international destinations.
PayPal Holdings, Inc. is an American company operating a worldwide online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders. The company operates as a payment processor for online vendors, auction sites, and many other commercial users, for which it charges a fee in exchange for benefits such as one-click transactions and password memory. PayPal's payment system, also called PayPal, is considered a type of payment rail.
On March 13, 2013, the airline celebrated its seventh anniversary, offering passengers 70% off all flights, it has done this every year since then.Volaris announced the creation of a subsidiary, Volaris Costa Rica, in March 2016. The subsidiary, based at Juan Santamaría International Airport in Costa Rican capital San José, started operations in November 2016.
Volaris Costa Rica is a low-cost airline based at Juan Santamaría International Airport in San José, Costa Rica. It is a subsidiary of Mexican airline Volaris. Announced in March 2016, the airline began operations in November with flights to Guatemala City.
Juan Santamaría International Airport is the primary airport serving San José, the capital of Costa Rica. The airport is located in the city of Alajuela, 20 km west of downtown San José. It is named after Costa Rica's national hero, Juan Santamaría, a courageous drummer boy who died in 1856 defending his country against forces led by US-American filibuster William Walker.
In November 2008, Volaris announced a codeshare agreement with US-based low-cost carrier Southwest Airlines.
In April 2009, Volaris announced the start of US-bound flights out of Toluca and Guadalajara (initially to Los Angeles and Oakland) to feed into the hubs of Southwest Airlines. Later on, US-flights were also offered from Zacatecas and Morelia, with Monterrey-Los Angeles and Fresno in planning.
On December 13, 2010, Volaris started services between Chicago/Midway and Guadalajara. It was Volaris' fourth international destination, first international service to a secondary airport and the longest route in Volaris' history. After Mexicana de Aviación's shutdown, Volaris took over many of Mexicana's international destinations and flights from its focus city, Guadalajara.
On February 25, 2011, it was announced that Volaris would begin service to Fresno on April 14, 2011. Fresno was Volaris' first US destination where it did not partner with Southwest Airlines. The airline began using Guadalajara International Airport as an American gateway hub in late 2011.
Volaris sought permission to fly between Dallas/Fort Worth and Mexico City, along with a number of other U.S.-Mexico routes. Volaris submitted the request on February 3, 2011 and the U.S. Department of Transportation granted approval on February 11.However, Volaris did not launch the service until over four years later, on April 29, 2015, when it began flights between Dallas/Fort Worth and Guadalajara.
Volaris received approval to fly to San Diego International Airport on July 12, 2012. Volaris then began non-stop flights between Orlando and Guadalajara on July 14, 2012.
Volaris started service between Sacramento and Guadalajara on November 15, 2012. Volaris began flights between Denver and Mexico City on December 8, 2012.
On February 22, 2013, Volaris and Southwest stopped codesharing. Southwest decided to focus more on the Mexican market with AirTran Airways, instead of codesharing with Volaris.
Volaris began flights between Phoenix and Guadalajara on October 19, 2013.
Volaris began flying to its first destination in Texas, San Antonio, from Guadalajara on December 14, 2013.Volaris also started its new route from Mexico City to San Antonio on September 15, 2017.
Volaris began non-stop flights between Chicago/O'Hare and Mexico City on December 17, 2013.This replaced Volaris' Chicago/Midway-Mexico City flights.
Volaris began flights between Guadalajara and Ontario, California, a reliever airport in the Greater Los Angeles Area, on April 12, 2014.
Volaris applied to fly Mexicana's former Portland to Guadalajara route. The application was granted and service to Portland began on October 6, 2014.
Volaris began serving its second destination in Florida, Fort Lauderdale–Hollywood International Airport, from Mexico City on December 1, 2014 and then from Guadalajara on December 4, 2014.The airline later ceased flying to Fort Lauderdale and replaced the route with non-stop flights to Miami from Mexico City and Guadalajara.
Volaris began non-stop flights between Reno–Tahoe International Airport and Guadalajara on December 16, 2014.
Volaris planned to launch service to William P. Hobby Airport in Houston, Texas as soon as the new terminal was completed,but the airline chose to begin flying to Houston-Intercontinental from Guadalajara on March 26, 2015, instead.
Volaris began its first non-stop flights to the Northeastern United States, when it began service between New York-JFK and Guadalajara on July 15, 2015,and on March 1, 2017, started non-stop service between Mexico City and New York-JFK.
In the summer of 2015, Volaris launched its first ever international flights outside the Continental United States; to Guatemala on June 18,to San Juan, Puerto Rico on July 2, and to San José, Costa Rica on September 10.
On July 7, 2016, Volaris began service to Seattle from Guadalajara.
On May 9, 2016 the airline announced non stop flights between Monterrey and Dallas/Fort Worth beginning on July 8, 2016.
Volaris began the first service link between Austin and Guadalajara on August 7, 2016.
Volaris has confirmed it does not plan to fly to Santiago de Chile,and rather focus in the US, Central America and domestic markets, after a local newspaper announced the airline had plans to begin operations in South America.
In March 2017, Volaris began non-stop service between Guadalajara and Milwaukee.
On January 16, 2018, Volaris announced a codeshare agreement with American low-cost carrier Frontier Airlines.
On November 17, 2018, Volaris started flights to Albuquerque from Guadalajara. Volaris was the first Mexican airline to fly to Albuquerque since Aeroméxico in 2009.
On November 22, 2018, Volairs started flights to Charlotte from Guadalajara.
The airline is headquartered in Santa Fe, Álvaro Obregón, Mexico City.It formerly had its headquarters on the first floor of Prolongación Paseo de la Reforma 490 in Peña Blanca, Santa Fe.
Volaris operates scheduled flights to Mexico (43) and elsewhere in the Americas (22) from its hub at Guadalajara International Airport in Guadalajara, Mexico City International Airport in Mexico City, and Tijuana International Airport in Tijuana, and focus cities in Cancún International Airport in Cancún, Del Bajío International Airport in León, Los Angeles International Airport in Los Angeles, and Monterrey International Airport in Monterrey.
As of May 2019, the Volaris fleet consists of the following aircraft:
On November 15, 2017 during the Dubai Airshow, Indigo Partners announced an order for 430 aircraft of the Airbus A320neo family of which 80 will be for Volaris as follows: 46 A320neo and 34 A321neo.
Aerovías de México, S.A. de C.V. operating as Aeroméxico, is the flag carrier airline of Mexico based in Mexico City. It operates scheduled services to more than 90 destinations in Mexico; North, South and Central America; the Caribbean, Europe and Asia. Its main base and hub is in Mexico City, with secondary hubs in Guadalajara and Monterrey, and focus cities in Cancún and Tijuana. The headquarters is in the financial district on Paseo de la Reforma, formerly in its own building overlooking the Diana the Huntress Fountain, but moved down the street in 2017 to the Torre MAPFRE tower across from the Mexican Stock Exchange while the old building is demolished and replaced with a much taller new tower.
Fresno Yosemite International Airport, is a joint civil-military airport in Fresno, California. It is the primary commercial airport for the San Joaquin Valley and three national parks: Yosemite, Sequoia and Kings Canyon. It offers scheduled passenger flights to several major airline hubs in the United States and international service to Mexico. The facility opened in June 1942 as Hammer Field, a military airfield. The airport is owned and operated by the city of Fresno and has two runways on a property spanning 1,728 acres (699 ha). Its airport code 'FAT' stands for "Fresno Air Terminal," a former name for the airport.
Compañía Panameña de Aviación, S.A., is the flag carrier of Panama. It is headquartered in Panama City, Panama, with its main hub at Tocumen International Airport. Copa is a subsidiary of Copa Holdings, S.A. as well as a member of Star Alliance. The airline is also the main operator and owner of Colombian airline AeroRepública, currently known as Copa Airlines Colombia.
Sacramento International Airport is 10 miles (16 km) northwest of downtown Sacramento, in Sacramento County, California. It is run by the Sacramento County Airport System. Southwest Airlines carries about half the airline passengers.
Guadalajara International Airport, officially known as Miguel Hidalgo y Costilla Guadalajara International Airport, is the main airport of Mexico's second-largest city Guadalajara. Opened in 1966, it is located 16 km south of the city center. In 2017 it handled 12,808,000 passengers, and 14,351,800 in 2018, an increase of 12.05%. It is Latin America's eleventh and Mexico's third-busiest airport, after Mexico City International Airport and Cancún International Airport and second-busiest for cargo flights.
Transportes Aeromar, S.A. de C.V, doing business as Aeromar, is a Mexican airline that operates scheduled domestic services in Mexico and international services to the United States. Its main base is Mexico City International Airport.
Aerolitoral, S.A. de C.V., DBA Aeroméxico Connect, and formerly known as Aerolitoral, is the regional airline of Aeroméxico operating Embraer E-170 and E-190 aircraft, with crew bases in Mexico City and Monterrey. It is headquartered in Monterrey. It operates feeder services to AeroMéxico's hub airports, using 4 digit flight numbers. It is considered the biggest and most important regional airline in Mexico, offering more than 300 scheduled flights daily to 45 destinations in Mexico, 11 in the United States, 6 in Central America, 2 in the Caribbean, and 1 in South America. Its main bases are Mexico City and Monterrey and as well focus cities in Guadalajara, Leon, and Tijuana. Aeromexico Connect flights are marketed as Aeromexico.
Aerocaribe was an airline based in Mérida, Yucatán, Mexico. It was a regional affiliate of Mexicana operating services under the Mexicana Inter banner and codeshares with its parent company. It operated almost 120 flights a day. In 2005 Mexicana decided to rebrand Aerocaribe as a low-cost airline, MexicanaClick.
Monterrey International Airport,, ceremonial name General Mariano Escobedo International Airport, is an international airport located in Apodaca, Nuevo León, Mexico. Together with Del Norte International Airport, the airport handles domestic and international operations for the city of Monterrey and its metropolitan area.
Cancún International Airport is located in Cancún, Quintana Roo, on the Caribbean coast of Mexico's Yucatán Peninsula. It is Latin America's fourth and Mexico's second busiest airport, after Mexico City International Airport. In 2018, Cancún airport handled 25,202,016 passengers, a 6.8% increase compared to 2017.
General Guadalupe Victoria International Airport, also known as Durango International Airport, is located northeast of Durango, Durango, Mexico. It is named after Guadalupe Victoria, the first President of Mexico.
Interjet, also known as Interjet Airlines, is a Mexican low cost airline headquartered in Mexico City, Mexico's third largest airline after Aeroméxico and Volaris. The airline operates scheduled flights to and from various destinations within Mexico, as well as to and from the Caribbean, Central America, North America, and South America.
Aeroenlaces Nacionales, S.A. de C.V., trading as VivaAerobus, is a Mexican low-cost airline fully owned by the largest bus company group in Mexico, IAMSA.
Aerolíneas Mesoamericanas, S.A. de C.V., operating as ALMA de Mexico, was a low-cost airline based in Guadalajara, Mexico. It suspended all service on November 7, 2008. The airline once operated flights to more than 18 domestic destinations, with plans for international service to the United States. Its main base was Don Miguel Hidalgo y Costilla International Airport, Guadalajara.