It is a Mexican low-cost airline which is constructed in Santa Fe, Alvaro Obregon, Mexico City with its centres in Guadalajara, Mexico City, and Tijuana, and focus cities in Cancun, Los Angeles, and Monterrey. It is the country’s second largest airline after Aeromexico who serves national and international destinations within the Americas. It is a foremost competitor in the Mexican domestic airline market, with a market share of over 21% of domestic traffic. The pre-operations stage started in August 2005 under the name Vuela Airlines.
Major initial stockholders of the company were Grupo Televisa , Inbursa , TACA Airlines and the Discovery Americas Fund. Each of these partners invested 25% of the preliminary cost of activities, or 100 million USD. On July 2010, it was declared 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. Ticket sales ongoing on January 12, 2006, and, succeeding the delivery of the airline’s first aircraft, the first non-commercial flight was operated in February 2006. It Scheduled revenue flights were launched on March 13th , 2006, with the initial flight having been operated from Toluca to Tijuana.
Products and Services-
Volaris offers the following services to its customers-
- In Flight Entertainment
- Economy Class
- Business Class
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