Controladora Vuela Compañía de Aviación, S.A.B. de C.V.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Company Description
- CEO
- Enrique Javier Beltranena Mejicano
- Full Time Employees
- 7,098
- Sector
- Industrials
- Industry
- Airlines, Airports & Air Services
- Address
- Tower B Mexico City DF Mexico 01210
- IPO Date
- Sep 18, 2013
- CIK
- 0001520504
- Website
- volaris.com
- Similar Companies
- Business
- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS, BMV: VOLAR A), operating as Volaris, functions as Mexico's largest ultra-low-cost carrier by passengers carried, providing point-to-point passenger air transportation services with low base fares supplemented by ancillary revenues from checked baggage, carry-on bags, advance seat selection, onboard food and beverages, travel insurance, and priority boarding; it targets price-sensitive leisure travelers, visiting friends and relatives (VFR) passengers, and cost-conscious small-to-medium enterprise business travelers across an extensive network of over 200 routes connecting 73 airports, including 123 domestic routes within Mexico and 78 international routes to the United States, Central America, and South America. The airline maintains a young, standardized all-Airbus A320 family fleet of approximately 149 aircraft, with 63% comprising fuel-efficient NEO variants (A320neo and A321neo), averaging 6.5 years in age, and operates from key bases in Cancún, Guadalajara, Mexico City, Monterrey, Tijuana, and others while serving around 500 daily flights in eight countries. Founded in 2005 and headquartered in Mexico City, Volaris holds a dominant 42% market share in Mexico's domestic market, having transported over 265 million passengers since inception and 30.4 million in the last twelve months through June 2025, with high load factors above 85% driven by its unbundled pricing model where ancillary services contribute roughly 48% of total revenues. Recent developments include a strategic partnership with SabreMosaic Travel Marketplace in October 2025 to distribute over 220 low-cost routes via global distribution systems, enhancing access for travel agencies worldwide and bolstering its business travel segment; fleet expansion through deliveries of three A320neo aircraft from CDB Aviation in June 2025 to support peak summer operations and growth in key Mexico-U.S. and Central-South America markets following Mexico's FAA Category 1 status restoration; and ongoing optimization of its network with continued A320neo/A321neo order fulfillments amid post-pandemic capacity recovery that positioned it as Mexico's fastest-growing and lowest-unit-cost publicly listed airline in the Americas. Volaris Costa Rica operates as a key subsidiary, and the company upholds commitments to safety, sustainability as a Dow Jones Sustainability MILA Pacific Alliance Index member since 2020, and initiatives like organ transport partnerships and environmental policies.
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