Volaris

Controladora Vuela Compañía de Aviación, S.A.B. de C.V., operating as Volaris, is a Mexican ultra-low-cost carrier providing point-to-point passenger air transportation, cargo, and mail services. The company operates more than 247 routes and over 500 daily flight segments connecting 46 cities in Mexico and 34 cities in the United States, Central America (Costa Rica, Guatemala, El Salvador), and South America. Volaris operates an all-Airbus fleet of 154 aircraft (71% NEO models) with an average age of 6.7 years and average seating capacity of 201 passengers. The airline derives over half its revenue from ancillary services and targets cost-conscious travelers visiting friends and relatives as well as leisure and business passengers. Volaris operates through its principal subsidiary Concesionaria Vuela under a concession from the Mexican federal government extended through 2040. The company has codeshare agreements with Frontier Airlines, Iberia, Hainan Airlines, COPA Airlines, and Turkish Airlines, and operates a loyalty program called "altitude." Volaris is dual-listed on the NYSE (VLRS) and the Mexican Stock Exchange (VOLAR). The company has an agreement pending completion to merge with Grupo Viva Aerobus to form a new Mexican airline holding group, with closing expected in 2026 subject to regulatory approvals. Volaris also operates subsidiaries including Volaris Costa Rica, Volaris El Salvador, and Volaris Guatemala, and reports as a single operating segment across domestic and international routes. Updated Oct 27, 2026