Controladora Vuela Compañía de Aviación S.A.B. de C.V. (VOLARA)
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Controladora Vuela Compañía de Aviación S.A.B. de C.V. (VOLARA) FAQ
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Controladora Vuela Compañía de Aviación S.A.B. de C.V. Profile
| Passenger Airlines Industry | Industrials Sector | Enrique Javier Beltranena Mejicano CEO | XMEX Exchange | MX01VO000009 ISIN |
| MX Country | 7,098 Employees | - Last Dividend | - Last Split | 18 Sep 2013 IPO Date |
Overview
Controladora Vuela Compañía de Aviación, S.A.B. de C.V., commonly known by its trade name Volaris, is a prominent airline based in Mexico City, Mexico. Founded in 2005, the company has grown to provide vital air transportation services both within Mexico and internationally. It operates under its subsidiary, Concesionaria Vuela Compañía de Aviación, S.A.P.I. de C.V., focusing predominantly on passenger, cargo, and mail transport. As of the end of 2022, Volaris managed an extensive schedule with approximately 590 daily flights. These flights connect an expansive network including 43 cities across Mexico, 22 cities in the United States, 4 cities in Central America, and 2 in South America. The airline’s fleet comprised 116 leased aircraft and 23 spare engines, showcasing its capability to meet the demands of its widespread operations.
Products and Services
Volaris offers a comprehensive range of products and services tailored to meet the varied needs of its customers. These include:
- Merchandising: This service provides an array of Volaris-branded products and other merchandise, which can be a memento of a traveler's journey or gifts for loved ones. It's a way of extending the travel experience beyond the flight itself.
- Travel Agency Services: Volaris goes beyond merely offering flights by providing complete travel solutions through its agency services. This includes hotel bookings, car rentals, and travel packages, making it easier for travelers to plan their entire trip with a single provider.
- Loyalty Program: To reward its frequent flyers, Volaris has a loyalty program that allows customers to earn points on every flight. These points can be redeemed for future flights, upgrades, and other benefits, thus enhancing customer loyalty and encouraging repeated business.
- Specialized and Aeronautical Technical Services: Apart from its customer-facing services, Volaris also offers specialized technical services in the aeronautics field. This includes aircraft maintenance, repair, and overhaul (MRO) services, highlighting the airline's comprehensive capabilities beyond its core function of transportation.
