Volotea

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Volotea
Volotea Logo.jpg
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 [ˈbo.lo.te.a] is a Spanish low cost airline headquartered in Barcelona with bases in Spain, Italy and France.

History[edit]

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 from the United States (CCMP Capital), whose chairman, Greg Brenneman, was one-time President and COO of America's Continental Airlines,[4] and 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 a further four 717s from Blue1.[7] However, in November 2015, Volotea announced plans to phase out their 717 fleet over the next few years and replace it with Airbus A320 family aircraft.[8]

Destinations[edit]

Main article: Volotea Destinations

Fleet[edit]

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

Volotea Fleet
Aircraft In Service Orders Passengers Notes
Y Total
Airbus A319-100 4 5 150 150 5 new aircraft are scheduled to be delivered in 2017
Boeing 717-200 17 125 125 Only European operator of the Boeing 717.
To be phased out and replaced by the A320 family.
Total 21 5

References[edit]

  1. ^ Drum, Bruce (31 March 2012). "Volotea starts charter operations". Retrieved 21 February 2017. 
  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. ^ "News Releases/Statements". Retrieved 21 February 2017. 
  7. ^ "Finland's Blue to offload B717 fleet to Volotea, Delta". Retrieved 21 February 2017. 
  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[edit]

Media related to Volotea at Wikimedia Commons