Volotea

Last updated
Volotea
Volotea.svg
IATA ICAO Callsign
V7VOEVOLOTEA
Founded2011;10 years ago (2011)
Commenced operationsMarch 2012 (2012-03) [1]
Operating bases
Fleet size27
Destinations79
Headquarters Asturias Airport, Castrillón, Spain (registered office)
Key people
  • Carlos Muñoz, CEO
  • Lázaro Ros, CEO
Employees1450
Website volotea.com

Volotea [bo.loˈte.a] is a Spanish low-cost airline registered in Castrillón, Spain with bases in Spain, Italy, France and Greece.

Contents

History

Volotea was established by Alaeo S.L. from Barcelona, a company created by former Vueling founders, Carlos Muñoz and Lázaro Ros. The name "Volotea" originates from the Spanish verb "revolotear," meaning "to fly around." [2] It commenced operations on 5 April 2012, from Venice Marco Polo Airport. [3]

The company is backed by three private-equity funds, two of them from Europe (Axis Participaciones Empresariales and Corpfin Capital) and a third from the United States (CCMP Capital), whose chairman, Greg Brenneman, was one-time President and COO of the US airline Continental Airlines, [4] and also chairs Volotea's board. The company raised over €50m before operations began. [5] US CCMP Capital Partners holds 49% of voting rights; Axis and Corpfin Capital 25%; and Muñoz and Ros 26% along with relatives: this ownership has existed since foundation, but it could change before an initial public offering before 2021-2022. [6]

After studying the Bombardier CRJ1000 and the Embraer E-195 in 2011, Volotea selected the Boeing 717 after Southwest Airlines acquired AirTran and replaced its 717 fleet. [6] Boeing announced on 15 February 2012 that it had signed a long-term lease deal with Volotea for an undisclosed number of Boeing 717 aircraft. [7] In March 2015, it was announced that Volotea would receive a further four 717s from Blue1. [8] However, in November 2015, Volotea announced plans to phase out its 717 fleet over the next few years and replace it with Airbus A320 family aircraft. [9]

Volotea opened 90 routes in its first year, of which 40 were closed within two years; it operated almost 300 routes in summer 2018 including 220 openings, and this could double to at least 500-600 across Europe. Volotea has been profitable since 2014, a turnover of €360 million ($431 million) is expected in 2018 after $347M in 2017, carrying 5.7 to 6 million passengers, 50% being leisure travellers, 35% visiting friends and relatives, and 15% business travellers. [6]

Due to the 2017–18 Spanish constitutional crisis, in 2017 Volotea changed the headquarters to Asturias Airport, Castrillon, Asturias, Spain. [10] As of June 2018, the airline has carried 18 million passengers since beginning operations in 2012. [11]

In January 2021, Volotea retired their last of formerly 19 Boeing 717-200s as the sole European operator of the type. [12]

In March 2021, a new route to Gibraltar from Bilbao was announced. Flights commence in July. Only Iberia Andaluz & GB Airways provided flights from Gibraltar to Spain.

Destinations

Volotea Airbus A319-100 Volotea Airbus A319-112 EI-FMT.jpg
Volotea Airbus A319-100
A now retired former Volotea Boeing 717-200 Boeing 717-2BL, Volotea Airlines JP7674151.jpg
A now retired former Volotea Boeing 717-200

The focus of Volotea's route network is on destinations around the European side of the Mediterranean coast as well as Western and Southern Europe. As of May 2018, Volotea serves metropolitan and leisure destinations mainly in Spain, France, Italy and Greece with destinations in Austria, Croatia, Czechia, Germany, Ireland, Luxembourg, and Portugal. [13] Volotea served its first African destination (Tangier, Morocco) on 5 April 2019. [14]

Fleet

Current fleet

As of June 2021, the Volotea fleet consists of the following aircraft: [15]

Volotea fleet
AircraftIn serviceOrdersPassengersNotes
Airbus A319-100 205156
Airbus A320-200 78180
Total2713

Historical fleet

Former fleet
AircraftOperatedNotes
Boeing 717-200 19All retired in January 2021 [12]

Related Research Articles

Iberia, legally incorporated as Iberia, Líneas Aéreas de España, S.A. Operadora, Sociedad Unipersonal, is the flag carrier airline of Spain, founded in 1927. Based in Madrid, it operates an international network of services from its main base of Madrid–Barajas Airport. Iberia, with Iberia Regional and with Iberia Express, is a part of International Airlines Group. In addition to transporting passengers and freight, Iberia Group carries out related activities, such as aircraft maintenance, handling in airports, IT systems and in-flight catering. Iberia Group airlines fly to over 109 destinations in 39 countries, and a further 90 destinations through code-sharing agreements with other airlines.

Hawaiian Airlines Airline based in the U.S. state of Hawaii

Hawaiian Airlines is the largest operator of commercial flights to and from the U.S. state of Hawaii. It is the tenth-largest commercial airline in the United States, and is based at Honolulu, Hawaii. The airline operates its main hub at Daniel K. Inouye International Airport on the island of Oʻahu and a secondary hub out of Kahului Airport on the island of Maui. The airline also maintained a crew base at Los Angeles International Airport. Hawaiian Airlines operates flights to Asia, American Samoa, Australia, French Polynesia, Hawaii, New Zealand, and the United States mainland. Hawaiian Airlines is owned by Hawaiian Holdings, Inc. of which Peter R. Ingram is the current President and Chief Executive Officer.

Futura International Airways was an airline with its head office in the Zona Facturación on the property of Palma de Mallorca Airport in Palma de Mallorca, Spain. It operated scheduled services and charter flights for tour operators and other airlines, in Europe, as well as wet lease and ad hoc charters. Its main base was Palma de Mallorca Airport. After failing to re-finance itself the company ceased trading on the 8 September 2008, leaving many passengers stranded in and around Spain.

Blue1

Blue1 Oy was a Finnish airline owned by CityJet. It was a subsidiary of the SAS Group and flew to around 28 destinations in Europe, mainly from its base at Helsinki Airport. It carried over 1.7 million passengers in 2011. The airline was a member of Star Alliance and had its head office in Vantaa.

Air Europa Líneas Aéreas, S.A.U., branded as Air Europa is the third-largest Spanish airline after Iberia, as its subsidiary, and Vueling. The airline is headquartered in Llucmajor, Mallorca, Spain, and has its main hub at Adolfo Suárez Madrid–Barajas Airport with secondary focus cities at Palma de Mallorca Airport and Tenerife North Airport. Air Europa flies to over 44 destinations around Spain, Europe, South America, North America, the Caribbean, Morocco, and Tunisia. Since September 2007 Air Europa has been a member of the Skyteam alliance.

Turkmenistan Airlines Flag carrier and only airline of Turkmenistan

Open joint-stock company Turkmenistan Airlines is the flag carrier and only airline of Turkmenistan, headquartered in Ashgabat. It operates domestic and international passenger and cargo services mainly from its hub at Ashgabat International Airport.

Jet2.com Limited, also known simply as Jet2, is a British low-cost leisure airline offering scheduled and charter flights from the United Kingdom. As of 2019, it is the third-largest scheduled airline in the UK, behind EasyJet and British Airways. Its headquarters is located at Leeds Bradford Airport, with further bases at Alicante-Elche, Belfast–International, East Midlands, Edinburgh, Glasgow, London–Stansted, Manchester, Newcastle, Birmingham, Bristol, Palma de Mallorca and Tenerife–South. The company holds a United Kingdom Civil Aviation Authority Type A Operating Licence to carry passengers, cargo and mail on aircraft with 20 or more seats. Jet2.com also offers a charter service through its Jet2charters brand.

Vueling Spanish low-cost airline

Vueling Airlines, S.A. is a Spanish low-cost airline based at El Prat de Llobregat in Greater Barcelona with hubs at Barcelona–El Prat Airport and Leonardo da Vinci–Fiumicino Airport in Rome, Italy. It is the largest airline in Spain, measured by fleet size and number of destinations. Vueling serves over 100 destinations in Africa, Asia, Europe and the Middle East. In 2015, the airline carried more than 24 million passengers, with a load factor of 81%.

Blue Air is a Romanian low-cost airline headquartered in Bucharest, with its hub at Henri Coandă International Airport. It is the largest Romanian airline by scheduled passengers flown. In 2017, Blue Air carried over 5 million passengers, a 40% increase over the 3.6 million passengers flown the previous year. As of February 2019, Blue Air flies to 57 scheduled destinations.

QantasLink is a regional brand of Australian airline Qantas and is an affiliate member of the Oneworld airline alliance. It is a major competitor to Regional Express Airlines and Virgin Australia Regional Airlines. As of September 2010 QantasLink provides 1,900 flights each week to 54 domestic locations.

Avior Airlines C.A. is an airline based in Barcelona, Anzoátegui, Venezuela. It operates scheduled and charter services within Venezuela and the southern Caribbean out of its base at Generál José Antonio Anzoátegui International Airport. It is currently the largest private capital airline in Venezuela in terms of fleet, destinations and its more than 1800 employees nationally and internationally.

Reus Airport

Reus Airport is located by the beaches of Costa Daurada, equidistant in relation to the town of Constantí and the city of Reus and approximately 8 km (5.0 mi) from the city centre of Tarragona, in Catalonia, Spain. The airport receives a large amount of tourist traffic from passengers destined for the beach resorts of Salou and Cambrils as well as for the centre of Barcelona, which is approximately 88 km (55 mi) to the northeast. It is also close to one of Europe's largest theme resorts, PortAventura World, and the Mountains of Prades, a Mediterranean forest in the comarca of Baix Camp.

Valencia Airport

Valencia Airport, also known as Manises Airport, is the tenth-busiest Spanish airport in terms of passengers and second in the region after Alicante. It is situated 8 km (5.0 mi) west of the city of Valencia, in Manises. The airport has flight connections to about 20 European countries and 8.53 million passengers passed through the airport in 2019.

Asturias Airport

Asturias Airport, is the only international airport of Asturias, Spain, in Castrillón. Traffic consists primarily of scheduled domestic flights and some seasonal scheduled international flights. In 2012, the airport handled 1,309,640 passengers and managed 13,252 operations. The airport is located in Anzu, parish of Santiago del Monte, municipality of Castrillón, 15 km from Avilés, 40 km from Gijón and 47 km from the regional capital, Oviedo.

Ibiza Airport

Ibiza Airport is the international airport serving the Balearic Islands of Ibiza and Formentera in Spain located 7 km (4.3 mi) southwest of Ibiza Town. As the island is a major European holiday destination, it features some year-round domestic services as well as several dozen seasonal routes to cities across Europe. It is also used as a seasonal base for Vueling.

Iberia Líneas Aéreas de España, S.A., usually shortened to Iberia, is the largest airline of Spain, based in Madrid.

Palma de Mallorca Airport International airport on the island of Mallorca, Spain

Palma de Mallorca Airport is an international airport located 8 km (5.0 mi) east of Palma, Mallorca, Spain, adjacent to the village of Can Pastilla. The airport on the Balearic Islands is Spain's third largest airport after Madrid–Barajas and Barcelona-El Prat. Palma de Mallorca was used by 29.7 million passengers in 2019. The airport is the main base for the Spanish carrier Air Europa and also a focus airport for Ryanair, EasyJet, Vueling and Jet2.com. The airport shares runways with the nearby Son Sant Joan Air Force Base, operated by the Spanish Air Force.

Norwegian Long Haul AS was a division of Norwegian Air Shuttle that operated long-haul flights between Europe, Asia, and North America with an all-Boeing 787 Dreamliner fleet.

Albatros Airlines is a Venezuelan commercial airline with private capital, authorized to carry out flights for the transfer of passengers and cargo, founded on December 27, 2007.

References

  1. Drum, Bruce (31 March 2012). "Volotea starts charter operations" . Retrieved 21 February 2017.
  2. Baigorri, Manuel. "New Carrier Volotea Sets Up In Barcelona, Base Of Failed Spanair." Bloomberg . 15 February 2012. Retrieved on 12 June 2012.
  3. "Venice launch for Europe's newest LCC Volotea; 76 routes planned this summer across 53 airports in 10 countries". anna.aero. 12 April 2012. Retrieved 16 July 2017.
  4. "Right Away and All at Once: How We Saved Continental". In: Harvard Business Review on Crisis Management.
  5. King, Amy (February 17, 2012). "CCMP, Axis and Corpfin back Volotea". unquote.com. Retrieved July 16, 2017.
  6. 1 2 3 Clark, Oliver (23 May 2018). "INTERVIEW: Carlos Munoz, chief executive, Volotea". Flightglobal.
  7. "Boeing, New European Airline Volotea Agree to 717 Leasing Deal". boeing.mediaroom.com. February 15, 2012. Retrieved July 16, 2017.
  8. "Finland's Blue to offload B717 fleet to Volotea, Delta" . Retrieved 21 February 2017.
  9. "Volotea to phase out B717s in favour of A319s". ch-aviation.com. November 10, 2015. Retrieved July 16, 2017.
  10. "Volotea traslada su sede social de Barcelona a Asturias, donde tiene su única base en España" [Volotea moves its headquarters from Barcelona to Asturias, where it has its only base in Spain]. www.europapress.es (in Spanish). Europa Press. 2017-10-19. Retrieved 2021-02-26.
  11. "Volotea celebrates 18 million passengers". TravelDailyNews International. Retrieved 2018-06-18.
  12. 1 2 Macca, Marco (2021-01-11). "Volotea: The End of The Boeing 717 in Europe". Airways Magazine. Retrieved 2021-01-11.
  13. "Destinations". Volotea. 2020-11-17. Retrieved 20 May 2018.
  14. "Volotea ouvre un Nantes – Tanger" [Volotea opens a Nantes - Tangier]. air-journal.fr (in French). Retrieved 15 November 2018.
  15. "Volotea Airline Information". ch-aviation.com. Retrieved July 16, 2017.

Commons-logo.svg Media related to Volotea at Wikimedia Commons