Volaris

Controladora Vuela Compañía de Aviación, S.A.B. de C.V., operating as Volaris (NYSE: VLRS, BMV: VOLAR), is an ultra-low-cost carrier (ULCC) providing point-to-point air transportation services across Mexico, the United States, Central America, and South America. The company operates more than 500 daily flight segments connecting 46 cities in Mexico and 29 cities internationally. Volaris employs an unbundled fare model with low base fares supplemented by extensive ancillary revenue from services such as excess baggage fees, seat selection, priority services (Premium Plus), itinerary changes, and its v.club membership program. The company launched its 'altitude' loyalty program in July 2025. Volaris operates a fleet of 155 Airbus aircraft (A320 and A321 families), with 66% being fuel-efficient New Engine Option (NEO) models and an average fleet age of 6.8 years. The airline targets cost-conscious leisure travelers, visiting-friends-and-relatives (VFR) traffic, and budget business travelers, particularly in the U.S.-Mexico cross-border market. Volaris holds codeshare agreements with Frontier Airlines, Iberia Airlines, Hainan Airlines, and COPA Airlines. The company has an active Airbus purchase agreement for future aircraft deliveries and finances acquisitions through sale-and-leaseback transactions. In December 2025, Volaris announced a proposed formation of a new Mexican airline group with Grupo Viva Aerobus, subject to regulatory approvals. Updated Apr 28, 2026