Volotea

Volotea
IATA ICAO Callsign
V7 VOE VOLOTEA
Founded 2011 (2011)
Commenced operations March 2012 (2012-03)[1]
Operating bases
Fleet size 21
Destinations 52
Headquarters Barcelona, Spain
Key people
  • Carlos Muñoz, CEO
  • Lázaro Ros, CEO
Website volotea.com

Volotea is a Spanish low cost airline headquartered in Barcelona with bases in Spain, Italy and France.

History

Volotea was established by Alaeo S.L. from Barcelona, a company created by former Vueling founders, Carlos Muñoz and Lázaro Ros. The name "Volotea" originates from the Spanish verb "revolotear," meaning "to fly around."[2] It commenced operations on 5 April 2012, from Venice Marco Polo Airport.[3]

The company is backed by three private-equity funds, two of them from Europe (Axis Participaciones Empresariales and Corpfin Capital) and a third one from the United States (CCMP Capital), whose chairman, Greg Brenneman, one-time President and COO of America's Continental Airlines,[4] also chairs Volotea's board. The company raised over €50m before operations began.[5]

Boeing announced on 15 February 2012 that it had signed a long term lease deal with Volotea for an undisclosed number of Boeing 717 aircraft.[6] In March 2015, it was announced that Volotea will receive further four 717s from Blue1.[7] However, in November 2015, Volotea announced to phase out their 717 fleet over the next few years and replace it with Airbus A320 family aircraft.[8]

Destinations

Main article: Volotea Destinations

Fleet

Volotea Boeing 717-200

As of April 2016, the Volotea fleet consists of the following aircraft:[9]

Volotea Fleet
Aircraft Total Orders Passengers Notes
Airbus A319-100 2 2 150
Boeing 717-200 19 — 125 Volotea is the only European operator of the Boeing 717.
Total 21 2

References

  1. ↑ http://worldairlinenews.com/2012/03/31/volotea-starts-charter-operations/
  2. ↑ Baigorri, Manuel. "New Carrier Volotea Sets Up In Barcelona, Base Of Failed Spanair." Bloomberg. 15 February 2012. Retrieved on 12 June 2012.
  3. ↑ "Venice launch for Europe's newest LCC Volotea". anna.aero. 12 April 2012. Retrieved 16 April 2012.
  4. ↑ "Right Away and All at Once: How We Saved Continental". In: Harvard Business Review on Crisis Management.
  5. ↑ "Unquote: CCMP, Axis and Corpfin back Volotea". 17 February 2012.
  6. ↑ Boeing, New European Airline Volotea Agree to 717 Leasing Deal
  7. ↑ http://ch-aviation.com/portal/news/35651-finlands-blue-to-offload-b717-fleet-to-volotea-delta
  8. ↑ ch-aviation.com - Volotea to phase out B717s in favour of A319s 10 November 2015
  9. ↑ ch-aviation.com - Volotea retrieved 19 December 2015

External links

Media related to Volotea at Wikimedia Commons

This article is issued from Wikipedia - version of the Thursday, April 28, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.