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Controladora Vuela Compania de Aviacion SAB de CV (Volaris) is a low-cost air transportation company. It offers airline services which include online flight reservations, online ticket booking, baggage information, baggage pick-up, web check-in, flight changes and inflight food services. The company provides hotel bookings, car rentals, trip insurance, advertising space services and other related services. Volaris also offers special services such as assistance for customers with disabilities, medical needs, pet care services, combo packages, accommodating more luggage during check-in, priority boarding service and quick security check-ins, among others. The company operates a fleet of Airbus which includes A319, A320, A320 Neo, A321 and A321 Neo. The company through its subsidiaries operates in Mexico, Costa Rica, El Salvador, the US and Guatemala. Volaris is headquartered in Mexico City, Mexico.
Headquarters
Mexico
Address
Av. Antonio Dovali Jaime No. 70, 13 Floor, Tower B, Colonia Zedec, Mexico, D.F., 01210
Website
ir.volaris.com/es
Telephone
52 55 52616400
No of Employees
7,502
Industry
Transport and Logistics
Ticker Symbol & Exchange
VOLARA (MXK)
Revenue (2022)
$3.3B
14.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
109.7%
(2022 vs 2021)
Market Cap*
$930.1M
Net Profit Margin (2022)
XYZ
108.5%
(2022 vs 2021)
* As of and is in US$
Controladora Vuela Compania de Aviacion SAB de CV premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Online Flight Reservations | Volaris |
| Air Transportation | |
| Hotel Bookings | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In June, the company selected GTF engines to power an additional 64 A321neo aircraft. |
| 2023 | Contracts/Agreements | In March, the company entered into an agreement with AVTECH Sweden AB for ClearPath and Aventus services. |
| 2022 | New Products/Services | In December, the company’s El Salvador operation to expand its flights to the United States, adding three new routes out of the San Salvador airport. |
Competitor Comparison
| Key Parameters | Controladora Vuela Compania de Aviacion SAB de CV | Delta Air Lines Inc | American Airlines Group Inc | Southwest Airlines Co | Alaska Air Group Inc |
|---|---|---|---|---|---|
| Headquarters | Mexico | United States of America | United States of America | United States of America | United States of America |
| City | Mexico, D.F. | Atlanta | Fort Worth | Dallas | Seattle |
| State/Province | Mexico | Georgia | Texas | Texas | Washington |
| No. of Employees | 7,502 | 103,000 | 132,800 | 74,806 | 23,178 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Brian H Franke | Chairman | Executive Board | 2020 | 58 |
| Enrique Javier Beltranena Mejicano | Chief Executive Officer; President; Director | Executive Board | 2016 | 59 |
| Jaime Esteban Pous Fernandez | Chief Financial Officer | Senior Management | 2021 | 52 |
| Jose Luis Suarez | Chief Operating Officer | Senior Management | 2015 | 54 |
| Jose Alejandro de Iturbide Gutierrez | Chief Legal Officer; Secretary; Vice President | Senior Management | 2022 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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