Controladora Vuela Compañia de Aviacion, SAB de CV (NYSE: VLRS) is a Mexico-based airline holding company whose primary business is the operation of low-cost scheduled air transportation services. Through its principal operating subsidiary, Volaris, the company provides passenger and cargo flights on domestic and international routes. Its business model emphasizes unbundled ancillary services and point-to-point operations designed to offer competitive fares across its network.
Volaris serves more than 120 routes linking major metropolitan areas and secondary cities in Mexico, the United States and Central America. The carrier offers a range of fare products, allowing customers to customize travel options such as seat selection, baggage allowance and in-flight amenities. In addition to scheduled flights, the company generates revenue from ancillary activities including priority boarding, loyalty programs and co-branded credit card partnerships.
Founded in 2005 and commencing operations in March 2006, Controladora Vuela has grown to become one of Mexico’s leading low-cost airlines. The company completed its initial public offering on the New York Stock Exchange in November 2017, enabling it to access international capital markets to support fleet renewal and network expansion. Headquartered in Mexico City, the holding company maintains a strategic focus on operational efficiency, fleet commonality and disciplined capacity growth.
Under the leadership of Chief Executive Officer Enrique Beltranena, who co-founded Volaris and has more than two decades of experience in the aviation sector, Controladora Vuela continues to pursue opportunities for market penetration in North America and beyond. The management team and board of directors bring expertise in airline operations, financial management and regulatory affairs, positioning the company to navigate a competitive environment and evolving passenger preferences.
AI Generated. May Contain Errors.
Free VLRS Stock Alerts